How many Card My Yard outlets were operating in Nevada 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 |
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 2 Card My Yard outlets operating in Nevada 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 Nevada, the table shows that in 2022, there were 2 outlets at the start of the year, no outlets opened, and 2 outlets at the end of the year. In 2023, there were 2 outlets at the start of the year, no outlets opened, and 2 outlets at the end of the year. In 2024, there were 2 outlets at the start of the year, no outlets opened, and 2 outlets at the end of the year.
This information is valuable for prospective franchisees as it provides a clear picture of Card My Yard's growth and stability in Nevada. The fact that the number of outlets remained constant over the three-year period may indicate a stable market presence, but it could also suggest limited growth opportunities in the state. A potential franchisee should further investigate the reasons behind the lack of growth and assess the market potential before investing in a Card My Yard franchise in Nevada.
It is important to note that this data reflects the status of outlets as of the end of each fiscal year, which concludes on December 31st. This information is based on company-owned and franchise locations.