MyLoopCard
At a Glance
Products & Services: Advertising on golf scorecards
Number of Locations: 14
Total Investment: $31K - 42K
Founded: 2007
Began Franchising: 2009
Private Owned
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2011 | 13 | 0 | 0 | 1 |
| 2010 | 12 | 0 | 0 | 1 |
| 2009 | 12 | 0 | 0 | 1 |
| 2008 | N/A | N/A | N/A | 1 |
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Startup Costs, Ongoing Fees and Financing
Total Investment: $31,000 - $42,000
Franchise Fee: $29,500
Ongoing Royalty Fee: $100-500/mo.
Term of Franchise Agreement: 5 years, renewable
Franchise Fee: $29,500
Ongoing Royalty Fee: $100-500/mo.
Term of Franchise Agreement: 5 years, renewable
Financial Requirements
Net Worth: $100,000
Liquid Cash Available: $30,000
Operations
Franchise can be run from home. Number of employees needed to run franchised unit: 1. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).How This Franchise Supports Franchisees
Training: Available at headquarters: as needed. Online/phone training
Ongoing Support: Meetings, Toll-free phone line, Internet, Purchasing cooperatives,
Marketing Support: Co-op advertising, Ad slicks, National media,
Other marketing support: Internet
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