How many Card My Yard franchises were transferred in Alabama during 2022?
Card_My_Yard Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Alabama | 2022 | 1 |
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 was one franchise transfer in Alabama during 2022. This information is based on data collected by Card My Yard and reported in the FDD.
Franchise transfers occur when an existing franchisee sells their franchise to a new owner. A low number of transfers could indicate franchisee satisfaction or limited resale opportunities. Conversely, a high number might suggest challenges in profitability or franchisee turnover.
Prospective franchisees should inquire about the reasons for any franchise transfers. Understanding the context behind these transfers can provide valuable insights into the health and stability of the Card My Yard franchise system in specific geographic areas.