table_specific

What is the median revenue for Card My Yard franchise locations opened in 2017?

Card_My_Yard Franchise · 2025 FDD

Answer from 2025 FDD Document

this amount. Your individual results may differ. There is no assurance that you'll earn as much.**

TABLE 1

Franchise Location Class Opened Date Number of Franchise Locations in Class Cohort Average Median Minimum Maximum Number of Franchises that Attained or Exceeded Average
Franchise Locations 68 $38,644 $34,711 $6,384 $112,851 30 (44%)
Opened in 2017 (Locations
that are 7+ years old)
Franchise Locations 27 $28,730 $25,764 $10,235 $57,965 11 (41%)
Opened in 2018 (Locations
that are 6 years old)
Franchise Locations 54 $25,791 $20,874 $3,009 $58,415 20 (37%)
Opened in 2019 (Locations
that are 5 years old)
Franchise Locations 177 $18,416 $15,120 $1,598 $79,501 69 (39%)
Opened in 2020 (Locations
that are 4 years old)
Franchise Locations 103 $10,436 $7,409 $1,276 $42,918 35 (34%)
Opened in 2021 (Locations
that are 3 years old)
Franchise Locations 36 $12,812 $9,453 $1,890 $38,654 14 (39%)
Opened in 2022 (Locations
that are 2 year old)
Franchise Locations 40 $9,183 $7,521 $1,298 $28,648 14 (35%)
Opened in 2023 (Locations
that are 1 year old)
System (all franchise 505 $19,721 $14,973 $1,276 $112,851 193 (38%)
locations over 1 year
old)
This represents all the franchise locations opened in a certain year and are grouped by age. For example, the 68
locations opened in 2017 are 7+ years old.

Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 56–64)

What This Means (2025 FDD)

According to Card My Yard's 2025 Franchise Disclosure Document, the median revenue for franchise locations opened in 2017 is $34,711. This data is based on 68 franchise locations that had been operating for over seven years as of 2024. The average revenue for this group was $38,644, with a range from $6,384 to $112,851.

This information is valuable for prospective franchisees as it provides insight into the potential revenue that can be generated by a Card My Yard franchise over time. However, it's important to note that these figures represent gross sales and do not account for operating expenses such as wages, cost of goods sold, vehicle maintenance, insurance, and marketing expenses. These expenses would need to be deducted to determine net income or profit.

Furthermore, the FDD indicates that 30 out of the 68 franchises opened in 2017 (44%) attained or exceeded the average revenue of $38,644. This suggests that while the median and average revenues provide a general expectation, individual performance can vary significantly. The success of a Card My Yard franchise depends on various factors, including location, marketing efforts, and operational efficiency. Prospective franchisees should conduct their own due diligence and consider these factors when evaluating the potential of this franchise opportunity.

It is also important to note that the financial information is derived from the franchisees' unaudited books and records, and has not been independently audited. Card My Yard encourages prospective franchisees to conduct an independent investigation of the costs and expenses they will incur in operating their Card My Yard business.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.