How many Card My Yard outlets were operating in Minnesota 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 10 Card My Yard outlets operating in Minnesota at the end of 2024. The number of outlets started at 9 at the beginning of 2024, and one new outlet was opened during the year. There were no terminations, non-renewals, or re acquisitions by the franchisor, so the net gain was one, bringing the total to 10.
This information is valuable for prospective franchisees as it provides insight into the brand's presence and growth within Minnesota. Knowing the number of existing outlets can help assess market saturation and potential competition. The opening of one new location during 2024 suggests continued growth and demand for Card My Yard's services in the state.
It's important to note that these figures reflect the number of operational outlets and do not account for pending franchise agreements or projected openings. For a comprehensive understanding, prospective franchisees should also consider the projected franchise openings for the following year, as detailed elsewhere in the FDD. Additionally, further research into the performance and market share of existing Minnesota locations would provide a more complete picture of the franchise's viability in the state.