What was the net change in the number of total Card My Yard outlets during the year 2024?
Card_My_Yard Franchise · 2025 FDDAnswer from 2025 FDD Document
utlet Summary For years 2022 to 2024 (1)**
| Column 1 | Column 2 | Column 3 | Column 4 | Column 5 |
|---|---|---|---|---|
| Outlet Type | Year | Outlets at the | Outlets at the | Net Change |
| Start of the Year | End of the Year | |||
| Franchised | 2022 | 470 | 508 | 38 |
| 2023 | 508 | 532 | 24 | |
| 2024 | 532 | 543 | 11 | |
| Company-Owned | 2022 | 2 | 2 | 0 |
| 2023 | 2 | 2 | 0 | |
| 2024 | 2 | 2 | 0 | |
| Total Outlets | 2022 | 472 | 510 | 38 |
| 2023 | 510 | 534 | 24 | |
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, the net change in the number of total outlets during 2024 was an increase of 11. This is based on the total number of outlets at the start of the year being 534 and the total at the end of the year being 545.
Specifically, the number of franchised outlets increased from 532 at the beginning of 2024 to 543 by the end of the year, representing a net increase of 11 franchised locations. The number of company-owned outlets remained constant at 2 throughout 2024.
This information is valuable for potential franchisees as it provides insight into the growth and stability of the Card My Yard franchise system. A positive net change suggests that the franchise is expanding and that existing franchisees are generally continuing their operations.