How many Card My Yard franchises were transferred in Texas during 2024?

According to Card My Yard's 2025 Franchise Disclosure Document, there were 9 franchise transfers in Texas during 2024. This information is crucial for potential franchisees as it provides insight into the stability and desirability of existing Card My Yard franchise locations within Texas. A high number of transfers could indicate a healthy market for selling franchises, but it could also signal underlying issues with franchise profitability or franchisee satisfaction.

For a prospective Card My Yard franchisee, understanding the reasons behind these transfers is essential. It would be prudent to investigate whether the transfers were due to franchisees retiring, relocating, or exiting the business for other reasons. A consistent pattern of transfers due to poor performance or dissatisfaction could be a red flag.

It's also worth noting that franchise transfers are a normal part of any franchise system as franchisees' circumstances change over time. However, the number of transfers should be evaluated in the context of the total number of franchises in Texas. With 9 transfers out of a total of 100 Card My Yard franchises in 2023, this represents 9% of the franchises being transferred in 2024. This information, combined with conversations with current and former franchisees, can provide a more complete picture of the franchise's health and opportunities in Texas.