What was the number of Card My Yard franchise transfers in Alabama during 2023?

According to Card My Yard's 2025 Franchise Disclosure Document, there was one franchise transfer in Alabama during 2023. This indicates the number of times a Card My Yard franchise location was sold from one franchisee to another within that year. Franchise transfers can occur for various reasons, such as a franchisee retiring, relocating, or deciding to exit the business.

For a prospective franchisee, a low number of transfers could be seen as a positive sign, suggesting that franchisees are generally satisfied with their businesses and are not frequently looking to sell. However, it is important to investigate the reasons behind any transfers that do occur. Understanding why franchisees choose to transfer their businesses can provide valuable insights into the challenges and opportunities within the Card My Yard franchise system.

It's also worth noting the number of transfers in other states and years to get a broader picture. For example, in 2022, Alabama had one transfer, while in 2024, there were none. Comparing these numbers can help a potential franchisee understand the stability and desirability of Card My Yard franchises over time and across different geographic locations. Reviewing transfer rates is a common due diligence step when evaluating a franchise opportunity.