What refurbishment obligations must a Card My Yard franchisee fulfill to be eligible for renewal?

According to Card My Yard's 2025 Franchise Disclosure Document, to be eligible for renewal, a franchisee must refurbish, repair, or replace all equipment, computer systems, signs, fixtures, furnishings, supplies, and other items required for the operation of the Card My Yard business. These actions must be done at the franchisee's expense. Additionally, the franchisee must upgrade the Card My Yard business to meet the then-current standards and image of the Card My Yard system.

This requirement ensures that all Card My Yard locations maintain a consistent and up-to-date appearance, which is crucial for brand recognition and customer satisfaction. The franchisee bears the financial responsibility for these upgrades, which can include replacing outdated equipment, updating signage, and refreshing the overall look of the business to align with Card My Yard's current standards.

Meeting these refurbishment obligations is one of several conditions for renewal. Other conditions include remaining in good standing with Card My Yard, fulfilling all financial obligations, securing the franchise location, executing the current renewal agreement, releasing all claims against Card My Yard, paying a renewal fee, and complying with current training requirements. Failing to meet any of these conditions could prevent a franchisee from renewing their agreement.