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Franchise: MyLoopCard

Initial Investment
LOW:$31,000
HIGH: $42,000
Change in Units

Ongoing Support
Purchasing Co-ops
Meetings
Toll-Free Line
Internet
Marketing Support
Co-op Advertising
Ad Slicks
National Media

Training at headquarters: as needed

Additional Training: Online/phone training

Number of employees required to run: 1

Founded

2007

Franchising Since

2009 (8 Years)

Corporate Address

241 Federal Plaza W. Youngstown, OH 44503

CEO

Justin Herman

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Financial Requirements

Initial Investment

$31,000 - $42,000

Net-worth Requirement

$100,000

Liquid Cash Requirement

$30,000

Ongoing Fees

Initial Franchise Fee

$29,500 - $29,500

Ongoing Royalty Fee

$50/mo.

Financing Options

Veteran Incentives


10% off franchise fee

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: September 16th, 2013

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