How many Card My Yard outlets were operating in Nevada at the start of 2022?
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 start of 2022. The provided table in Item 20 outlines the number of outlets at the start of the year, the number of 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 from 2022 to 2024.
For a prospective franchisee, this information is useful in understanding the growth and stability of the Card My Yard franchise in Nevada. Knowing the number of outlets at the beginning and end of each year, as well as any changes that occurred, can provide insights into the market potential and competitive landscape in that specific state.
It is important to note that the number of outlets remained constant in Nevada from 2022 to 2024, with 2 outlets operating each year. This could indicate a stable market or limited growth opportunities in the state. A potential franchisee should further investigate the reasons behind the lack of growth and assess the market conditions in Nevada before making a decision.