How many Card My Yard outlets were operating in Mississippi at the start of 2023?
Card_My_Yard Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of | Outlets | Terminations | Non- | Reacquired by | Ceased Operations – Other | Outlets at End of | | | | Year | Opened | | Renewals | Franchisor | Reasons | the Year | |---|---|---|---|---|---|---|---|---| | Mississippi | 2022 | 2 | 1 | 0 | 0 | 0 | 0 | 3 | | | 2023 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | | | 2024 | 3 | 0 | 1 | 0 | 0 | 0 | 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 3 Card My Yard outlets operating in Mississippi at the start of 2023. This indicates a small presence in the state at that time, which remained constant throughout 2023 as no new outlets opened.
For a prospective franchisee, this information provides insight into the existing market saturation and growth trajectory of Card My Yard in Mississippi. The fact that there were only 3 outlets at the beginning of 2023, and no new openings during that year, could suggest either limited market demand or strategic decisions by the franchisor regarding expansion in the state.
It's important to note that while the number of outlets remained stable in 2023, the number decreased to 2 by the end of 2024 due to a termination. A potential franchisee should investigate the reasons behind this termination to better understand the challenges and opportunities within the Mississippi market. Further research and discussions with the franchisor would be beneficial to assess the potential for growth and success in this specific region.