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MyLoopCard

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.

Facts & figures
Liquid capital required
$30,000
Net worth required
$100,000
Investment
$29,700 - $45,500
Franchise fee
$19,500
Units in operation
12

The capital required to open a unit is $30,000. The franchise expects its new franchisees to have a net worth of at least $100,000. The low end of the total investment required to open a new franchise is $29,700. The most you would expect to invest in a MyLoopCard location is $45,500. New franchisees can expect to pay a $19,500 franchise fee for the rights to open their own location. Today, the location count for this franchise has reached 12.

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