What is the median revenue for Card My Yard franchise locations opened in 2020?
Card_My_Yard Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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 | 177 | $18,416 | $15,120 | $1,598 | $79,501 | 69 (39%) |
| Opened in 2020 (Locations | ||||||
| that are 4 years 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 |
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 2020 is $15,120. This data is based on the performance of 177 franchise locations opened in 2020, which are now classified as being 4 years old. The average revenue for this group was $18,416, with a range from $1,598 to $79,501.
It's important to note that the financial performance representation includes data from calendar year 2023. The figures represent gross sales and do not include operating expenses such as wages, costs of goods sold, vehicle maintenance, insurance, and local marketing. These expenses must be deducted to determine net income or profit.
Prospective franchisees should be aware that past performance is not necessarily indicative of future results. Card My Yard indicates that some outlets have earned the stated amounts, but individual results may vary. The FDD advises conducting an independent investigation of costs and expenses to be incurred while operating a Card My Yard business. Franchisees should also consider factors such as local market conditions, competition, and their own management skills when evaluating the potential financial performance of a Card My Yard franchise.