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Below is an in-depth analysis and side-by-side comparison of Executive Business Maintenance vs MyLoopCard including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $59,000 - $89,000 | $31,000 - $42,000 |
Franchise Fee | $35,000 | $29,500 |
Royalty Fee | 8% | $100-500/mo. |
Advertising Fee | - | - |
Year Founded | 1996 | 2007 |
Year Franchised | 2006 | 2009 |
Term Of Agreement | 7 years | 5 years |
Term Of Agreement | 7 years | 5 years |
Renewal Fee | $1500 | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | * Available at headquarters: 5 business days * At franchisee's location: 5 business days | ON-3 TRAINING - our training program is unmatched in golf marketing. It is comprised of 3 levels - on-line training in the initial stage, on-site training during the marketing phase, and on-going training during the development and growth stages of your business. |
Support | - | We instruct, guide, and show our franchise owners how to sell MLC advertising and provide a comprehensive sales manual to follow that includes all the templates and contracts franchisee's will need. MEDIA KITS / PRICING STRATEGIES - we have designed and developed over the years a detailed media and pricing guide to present to potential advertsiers and we consult with our franchise owners on pricing strategies. OWNER SUPPORT PROGRAMS - we have created a user-friendly, pass-word protected intranet site for owners to access key documents and critical business information, in addition to an 800# help line for franchisee support. |
Marketing | - | - |
Operations | * 0% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 2 - 2 * Absentee ownership of franchise is NOT allowed. | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
The Executive Business Maintenance franchise program gives you the opportunity to be your own boss, to own your own business, and to maintain and grow that business. You don’t provide the actual cleaning services " you assign a professional janitorial firm to service the client. The services you sell and coordinate are part of a huge market for commercial cleaning, which are required by most businesses on a regular basis. We are looking for dedicated individuals to assist us in taking the EBM concept to the next level. We are sure you will find the work to be rewarding, professional, and worthwhile, just as we have over the years. We look forward to talking to you soon about the EBM franchise program and what it takes to become part of our network of professionals!