What is the minimum number of orders for Card My Yard locations opened in 2021?
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 Opened | 103 | 91 | 63 | 12 | 416 | 34 (33%) |
| in 2021 (Locations that are | ||||||
| 3 years old) | ||||||
| Franchise Locations Opened | 36 | 119 | 89 | 13 | 356 | 13 (36%) |
| in 2022 (Locations that are | ||||||
| 2 year old) | ||||||
| Franchise Locations Opened | 40 | 85 | 71 | 16 | 340 | 14 (35%) |
| in 2023 (Locations that are | ||||||
| 1 year old) | ||||||
| System (all franchise | 505 | 160 | 121 | 12 | 901 | 199 (39%) |
| 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. This group of locations had an average of 312 orders per location in 2024. |
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 minimum number of orders for locations opened in 2021 was 12. This data is based on the performance of 103 franchise locations opened in 2021, which are now considered 3 years old.
This information is part of a larger table presenting order statistics for various cohorts of Card My Yard franchises based on their opening year. The table includes the average, median, minimum, and maximum number of orders, along with the number and percentage of franchises that exceeded the average within each group. For the 2021 cohort, the average number of orders was 91, the median was 63, and the maximum reached 416 orders.
For a prospective franchisee, this data offers insight into the range of order volumes achieved by Card My Yard locations, with a focus on the lower end of performance. Understanding the minimum order numbers can help set realistic expectations and prepare for the initial challenges of establishing a customer base. It's important to note that these figures reflect past performance and may not guarantee future results, as individual success can vary based on factors like location, marketing efforts, and local market conditions.
It is important to consider that the financial performance representation is based on historical data and may not be representative of future performance. Card My Yard also states that some outlets have earned this amount and individual results may differ, and there is no assurance that you'll earn as much.