Loyalty Business Services

Loyalty Business Services

Financial, payroll, consulting, and tax services
Find out what franchise is right for you
2021 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$68K - $100K
Units as of 2020
1

Company Overview

About Loyalty Business Services

Related Categories
Business Financial Services
Founded
2019
Parent Company
Loyalty Brands
Leadership
Steve Rafsky, CEO

Franchising Overview

Franchising Since
2020 (1 years)
# of employees at HQ
12
Where seeking

This company is seeking new franchisees throughout the US.

# of Units
1 (as of 2020)

Franchisor Information

Social
Facebook, LinkedIn
Corporate Address
780 Lynnhaven Pkwy., #240
Virginia Beach, VA 23452

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Loyalty Business Services franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$40,000
Initial Investment
$68,200 - $99,700
Royalty Fee
14%
Ad Royalty Fee
3%
Term of Agreement
5 years
Is franchise term renewable?
Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

In-House Financing
Loyalty Business Services offers in-house financing to cover the following: franchise fee
Third Party Financing
Loyalty Business Services has relationships with third-party sources which offer financing to cover the following: franchise fee

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

Classroom Training
25 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where Loyalty Business Services landed on this year’s Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021