How many Card My Yard outlets were operating in Louisiana 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 were 9 Card My Yard outlets operating in Louisiana at the end of 2024. At the start of 2024, there were 10 outlets. During the year, one outlet was terminated, and no new outlets opened. This resulted in a total of 9 outlets at the end of the year.
This information is valuable for prospective franchisees as it provides insight into the brand's presence and performance in Louisiana. The closure of one outlet during 2024 could indicate market challenges or specific franchisee issues. It's important to investigate the reasons behind the termination to understand potential risks and opportunities in the Louisiana market.
Understanding the dynamics of outlet openings and closures can help potential franchisees assess the stability and growth potential of the Card My Yard franchise in a specific region. This data, combined with other factors like local market conditions and competition, can inform a more comprehensive investment decision.