How many Card My Yard outlets in Connecticut were operating at the end of 2024?
Card_My_Yard Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2023 | 30 | ||
| 2024 | 55 | ||
| # Table No. 3 Status of Franchised Outlets For years 2022 to 2024 |
| State | Year | Outlets at Start of Year | Outlets Opened | Terminations | Non- Renewals | Reacquired by Franchisor | Ceased Operations – Other Reasons | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| 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 Card My Yard outlet operating in Connecticut at the end of 2024. The state started in 2022 with one outlet, opened one, and ended the year with two. In 2023, there were two outlets at the start of the year, none opened, one terminated, and the year ended with one outlet. In 2024, there was one outlet at the start of the year, none opened, none terminated, and the year ended with one outlet.
For a prospective franchisee, this indicates a very small presence for Card My Yard in Connecticut. The closure of an outlet in 2023 might warrant further investigation to understand the reasons behind it. It would be prudent to speak with the franchisor and potentially current or former franchisees in Connecticut (if possible) to gain insights into the market conditions and challenges specific to that region.
It's important to note that while the number of outlets provides a snapshot of Card My Yard's presence, it doesn't necessarily reflect the brand's performance or potential in the state. Factors such as local marketing efforts, community engagement, and the franchisee's operational skills can significantly impact the success of a Card My Yard business in any given area. A prospective franchisee should conduct thorough market research and due diligence to assess the viability of a Card My Yard franchise in Connecticut.