How many Card My Yard franchise transfers occurred in Alabama during 2024?
Card_My_Yard Franchise · 2025 FDDAnswer from 2025 FDD Document
| Column 1 | Column 2 | Column 3 |
|---|---|---|
| State | Year | Number of Transfers |
| Alabama | 2022 | 1 |
| 2023 | 1 | |
| 2024 | 0 | |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 65–84)
What This Means (2025 FDD)
According to Card My Yard's 2025 Franchise Disclosure Document, there were no franchise transfers in Alabama during 2024. The provided table in Item 20 of the FDD details the number of franchise transfers that occurred in each state from 2022 to 2024. In Alabama, there was one transfer in both 2022 and 2023, but the number decreased to zero in 2024.
This information is relevant for prospective franchisees as it provides insight into the stability and desirability of Card My Yard franchises in Alabama. A high number of transfers might indicate issues with franchisee profitability or satisfaction, while a low number, such as zero, could suggest that franchisees are generally content with their businesses and are not looking to sell.
It's important to note that franchise transfers are a normal part of any franchise system as franchisees retire, pursue other opportunities, or face unforeseen circumstances. However, monitoring the trend in specific states can offer valuable context. A prospective franchisee should consider this data alongside other factors, such as the number of outlets opened and terminated, to gain a comprehensive understanding of the franchise's health in Alabama.