How many Card My Yard franchises were transferred in Texas during 2022?
Card_My_Yard Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Texas | 2022 | 13 |
| 2023 | 9 | |
| 2024 | 9 |
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 13 franchise transfers in Texas during 2022. This information is detailed in a table that tracks the number of franchise transfers across various states for the years 2022, 2023, and 2024.
For a prospective franchisee, this indicates the level of franchise resales activity within the Texas market. A higher number of transfers could suggest a more active market for buying and selling existing Card My Yard franchises. It could also reflect the relative health and desirability of Card My Yard franchises in Texas compared to other states.
It is important to note that franchise transfers do not necessarily indicate negative performance. Franchisees may choose to sell for a variety of reasons, including retirement, relocation, or pursuing other business ventures. However, a high number of transfers relative to the total number of franchises could warrant further investigation into the reasons behind these sales. A prospective franchisee should consider this information in conjunction with other performance metrics and speak with current and former franchisees to gain a comprehensive understanding of the Card My Yard franchise system in Texas.