MyLoopCard,com offers golf courses a unique 16-page, custom-designed, full-color golf course scorecard. It's the perfect place for local businesses to advertise and reach a very good consumer - the high discretionary income golfer. The franchise program offers a complete turnkey system for franchisees to step in and start making money. The company offers complete training from virtual to on-site, a detailed operations manual, marketing materials, media kits, and they provide all the back end production from design, layout, and printing of the scorecards. This is a home-based business, B2B, where the franchisees may run the business themselves or hire a salesperson to call on the golf courses to use the scorecards and local businesses to advertise in the scorecard.
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Liquid capital required
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$30,000
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Net worth required
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$100,000
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Investment
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$29,700 - $45,500
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Franchise fee
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$19,500
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Units in operation
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12
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You'll need $30,000 in liquid capital to open a MyLoopCard. The franchise expects its new franchisees to have a net worth of at least $100,000. $29,700 is the minimum that someone opening a location should expect to invest. The most the franchisor could ask you to invest is $45,500 if you want to become a franchisee. Before you become an owner, you will owe the franchisor a franchise fee of $19,500. There is currently a total of 12 units in operation.
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