How many Card My Yard outlets were operating in Michigan 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 18 Card My Yard outlets operating in Michigan 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 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 2024, Michigan started with 16 outlets, opened 3, and had 1 termination, resulting in 18 outlets at the end of the year. This information is useful for prospective franchisees as it shows the growth and changes in the number of Card My Yard franchises in Michigan over the past few years.
Reviewing this data can help potential franchisees understand the market dynamics and stability of the Card My Yard brand in Michigan. It is important to note that past performance does not guarantee future results, but it can provide valuable insights into the brand's presence and changes in the state.