How many Card My Yard outlets were operating in Illinois 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 | 2 |
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 26 Card My Yard outlets operating in Illinois at the end of 2024. The table provided in Item 20 of the FDD details the number of outlets at the start of the year, the number of outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year for each state.
In 2022, there were 18 Card My Yard outlets in Illinois. Seven new outlets opened in 2023, bringing the total to 25. In 2024, one additional outlet opened, resulting in 26 outlets at the end of the year. There were no terminations, non-renewals, re acquisitions by the franchisor or outlets that ceased operation for other reasons during this time.
Prospective franchisees can use this information to understand the growth and stability of Card My Yard in Illinois. It is important to note that past performance does not guarantee future results, but this data can provide insights into the brand's presence and expansion in the state. Franchisees should further investigate the factors contributing to these changes and consider how they might impact their own potential business.