What was the total number of company-owned Card My Yard outlets at the start of 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 |
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, at the start of 2024, Card My Yard had 2 company-owned outlets. The FDD provides a table outlining the status of company-owned outlets from 2022 to 2024. Each year, the number of company-owned outlets remained constant.
Specifically, the table shows that at the start of 2022, there were 2 company-owned outlets. Throughout 2022, there were no changes, so the year ended with 2 company-owned outlets. This same pattern continued in 2023, beginning with 2 company-owned outlets and ending the year with 2.
For a prospective franchisee, this indicates that Card My Yard primarily focuses on franchising as its method of expansion rather than operating many company-owned locations. This is a fairly common approach in franchising, as it allows the franchisor to grow the brand more rapidly using the capital and effort of franchisees. The limited number of company-owned stores suggests that Card My Yard may not be directly competing with its franchisees in most markets and may rely on the success of its franchisees for brand growth.