How many Card My Yard outlets were operating in Iowa 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 | 202 |
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 6 Card My Yard outlets operating in Iowa 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, 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.
Specifically for Iowa, the table shows that in 2022, there were 6 outlets at the start of the year, with no outlets opened, terminated, non-renewed, or reacquired by the franchisor, and no outlets ceased operations for other reasons, resulting in 6 outlets at the end of the year. The same numbers are reported for 2023. In 2024, there were 6 outlets at the start of the year, with no changes in any of the categories, resulting in 6 outlets at the end of the year.
This indicates that the number of Card My Yard franchises in Iowa has remained constant over the three-year period from 2022 to 2024. A prospective franchisee should further investigate the reasons for the lack of growth in Iowa and whether this is indicative of market saturation or other factors that could affect the success of a new franchise in that state.