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Scorecard Plus

Scorecard Plus

Franchising since 1975

The initial franchise fee is $10,000. Scorecard Plus currently operates 0 locations. The top SBA 7(a) lenders for Scorecard Plus are Banner Bank. PeerSense FPI health score: 32/100.

Franchise Fee

$10,000

Total Units

0

0
FPI Score
Low
32

Proprietary PeerSense metric

Limited
Capital Partners
1lenders available

Active capital sources verified for Scorecard Plus financing

SBA

7(a) Eligible

21d

Avg Funding

P+2.25%

Best Rate

No retainers · Referral fee at closing

FPI Score Breakdown

New/Niche (1-2 loans)

Limited Data
32out of 100
Limited

SBA Lending Performance

SBA Default Rate

100.0%

1 of 1 loans charged off

SBA Loans

1

Total Volume

$0.0M

Active Lenders

1

States

1

Top SBA Lenders for Scorecard Plus

What is the Scorecard Plus franchise?

The Scorecard Plus franchise, an iconic Austin-based sandwich shop, boasts a rich history deeply rooted in a foundational philosophy centered on delivering fresh, fast, and healthy food within a distinctively community-focused environment. Established in 1975 by visionary founders John Meddaugh and Andy Cotton, the brand embarked on its journey with a clear and simple objective: to offer exceptional subs at an accessible price point. The initial investment for their very first shop, launched on March 25, 1975, was a modest sum of approximately $7,000, setting the stage for what would become a beloved local institution. Today, the company’s headquarters are strategically located in Austin, Texas, USA, with its primary offices maintaining a presence at a second location on Riverside Drive, an expansion that occurred merely a year after the inaugural store opened its doors on Lavaca Street. The current leadership team steering the Scorecard Plus franchise includes Mike Haggerty and Paul Sughrue, who serve as co-owners. Mike Haggerty, notably the brand’s first franchisee in 1980, transitioned to become the official franchisor in 1989, taking the reins directly from the original founders. Patty Sughrue also holds a significant leadership role as the CEO of the Scorecard Plus franchise, while co-founder Andy Cotton has since retired from active involvement with the company. The brand’s enduring culture is defined by its "good-natured people serving fresh, fast, and healthy food in a quirky and fun atmosphere," placing a strong emphasis on fostering healthy relationships with its dedicated employees, ensuring respect, fairness, and honesty in all interactions. Many team members are artists or musicians, contributing to a distinctive "very casual, very Old Austin hippie vibe" that permeates every Scorecard Plus franchise location, making it more than just a place to eat, but a cornerstone of local character.

The broader industry landscape within which the Scorecard Plus franchise operates showcases significant growth and dynamic trends. The global franchise market was comprehensively valued at an impressive $3070 billion in 2025, underscoring the vast economic scale of franchised businesses worldwide. Projections indicate a robust expansion for this market, with an anticipated Compound Annual Growth Rate (CAGR) of 10.41% from 2025 through 2033. Alternative estimates further reinforce this upward trajectory, suggesting the franchise market size will experience an increase of USD 501.6 billion, growing at a steady CAGR of 9.6% between 2024 and 2029. Geographically, North America is poised to be a dominant force, expected to account for a substantial 46% of the overall growth within the franchise market during the 2025-2029 period, highlighting the region’s strong entrepreneurial spirit and consumer demand. Key driving factors propelling this growth include the continuous global expansion in the number of restaurants and hotels, alongside ongoing innovation in in-store retailing practices. Furthermore, the increasing consumer demand for consistent brand experiences, coupled with the inherent scalability and proven business models that franchises offer, continues to attract a diverse pool of entrepreneurs and investors. Current consumer trends are heavily skewed towards digital and technology-focused franchises, which promise greater operational efficiency, an enhanced customer experience, and improved communication channels. Data analytics are being increasingly leveraged across the sector to optimize operations and personalize marketing efforts, while maintaining a strong brand reputation and cultivating customer loyalty necessitates continuous strategic investments. Businesses are also adapting to societal shifts by focusing on offering more flexible working options, reflecting a modern approach to workforce management within the franchise ecosystem, which the Scorecard Plus franchise must consider.

Prospective investors considering the Scorecard Plus franchise should navigate the available information with a nuanced understanding, as details concerning new franchise opportunities present a notable contradiction within the current data. While a specific source from 2026 lists detailed franchise costs and indicates "25 units in operation" as a current opportunity, other reputable sources explicitly state that the Scorecard Plus franchise ceased offering new independent franchise agreements in 1999. This historical decision was influenced by Mike Haggerty, who, as the brand’s first franchisee and later franchisor, expressed a preference for focusing on direct operational management rather than the complexities of selling new business opportunities. Consequently, the franchise-related figures presented in the 2026 listing, while specific, should be interpreted in light of the company's reported halt of new franchising over two decades ago. It is plausible that these figures might pertain to alternative opportunities, such as the sale of existing units, internal transfers among established operators, or other non-traditional partnership structures, rather than the initiation of entirely new, independent Scorecard Plus franchise agreements. The listed franchise fee is $10,000, a figure that, for comparison, sits at the lower end of the typical initial franchise fees in the Quick-Service Restaurant (QSR) industry, which generally range from $6,250 to $90,000, and often average between $25,000 and $50,000 across various sectors. The estimated total investment for a Scorecard Plus franchise is cited to be between $60,000 and $100,000, which is notably below the average franchise business cost of $150,000, reflecting how service-oriented businesses often entail lower capital outlays compared to retail or food businesses due to reduced real estate and buildout expenditures. Prospective operators are listed as needing $25,000 in liquid capital and a net worth of $100,000. Specific royalty rates or advertising fund contributions for the Scorecard Plus franchise were not detailed in the available search results, though in the broader franchise industry, royalty fees typically range from 4% to 8% of gross sales, and marketing fund contributions commonly fall between 1% to 5% of gross sales or 2% to 5% of gross revenue.

The operational model and support structure within the Scorecard Plus franchise are deeply ingrained in its distinctive culture, prioritizing strong relationships and a positive work environment. The company's training philosophy focuses on empowering its team members to "capture the essence of the THUNDERCLOUD experience," emphasizing that exceptional customer service and a unique atmosphere are paramount components of overall customer satisfaction. However, specific, formal training program details tailored for new, independent franchisees are not explicitly available in the provided data, a fact consistent with the historical cessation of new franchising opportunities in 1999. Despite this, the underlying support structure for existing operations is robust. The company fosters an environment where managers are granted significant autonomy over hiring decisions and daily operations, and importantly, they share in the profits of their respective stores. This profit-sharing model serves as a powerful incentive, encouraging managers to maintain high performance standards and "do things the right way" consistently across all locations of the Scorecard Plus franchise. Employee loyalty is a cornerstone of the brand’s operational success, with many managers having dedicated over 20 years to the company, some having started their careers directly out of high school. This long-term commitment contributes to a stable and experienced operational base. While no specific territory information for new franchises is outlined, the existing Scorecard Plus franchise locations are heavily concentrated within Central Texas. Historically, the company did attempt expansion beyond its Austin roots, establishing locations in cities such as Lubbock, College Station, Houston, Temple, and even venturing as far as Reno, Nevada. However, this broader franchising effort was eventually discontinued, with Mike Haggerty candidly describing the extensive management required as "a royal pain in the ass," preferring instead to focus on the operational excellence of existing units. Daily operations are characterized by "good-natured and talented" sandwich makers who are known for being "dependable, friendly, and trustworthy," contributing to the brand's reputation for exceptional customer service where employees are consistently "extremely kind and accommodating" and always prepare orders precisely as requested. This positive internal culture and operational consistency are hallmarks of the Scorecard Plus franchise experience.

An analysis of the financial performance of the Scorecard Plus franchise reveals a well-established and successful enterprise within its operational footprint. The estimated annual revenue for the Scorecard Plus franchise is currently reported at a substantial $22.8 million per year, reflecting the brand’s significant market presence and consistent customer demand within its core Central Texas region. Furthermore, the estimated revenue per employee for the Scorecard Plus franchise stands at an impressive $250,000, indicating a high level of productivity and efficiency across its workforce. It is important to note that specific profit margins for the Scorecard Plus franchise, whether for individual units or the overall corporate entity, were not detailed in the provided search results. Likewise, the search results did not explicitly indicate that the Scorecard Plus franchise provides an Item 19 disclosure within its Franchise Disclosure Document (FDD). Item 19 is a crucial section where franchisors can voluntarily present financial performance representations, such as detailed revenue data, profit margins, or other earnings information, which can be immensely valuable for prospective franchisees in assessing potential earnings and return on investment. While not a mandatory disclosure by regulatory bodies, the absence of an Item 19 can sometimes raise questions for potential investors, although it might also be characteristic of a business that is new to franchising or still in the process of compiling comprehensive data. However, given that the Scorecard Plus franchise reportedly ceased offering new independent franchise opportunities in 1999, it is highly improbable that a current Item 19 for new franchise agreements would be available or relevant. Therefore, while the overall revenue figures provide a clear picture of the brand’s financial health, potential investors should consider these metrics as reflective of the established corporate operations and existing units, rather than direct projections for a new Scorecard Plus franchise opportunity, especially in light of the historical halt in new franchising efforts outlined previously in this profile.

The growth trajectory and competitive advantages of the Scorecard Plus franchise are deeply intertwined with its localized focus and strong community ties. The brand currently operates with 25 units, with a broader presence of "more than two dozen locations in and around Austin and San Antonio," firmly establishing its footprint in Central Texas. Mike Haggerty’s office, a key operational entity within the Scorecard Plus franchise, specifically owns and directly operates 14 of these locations, including 9 in the vibrant Austin area and one each in San Antonio, San Marcos, New Braunfels, Dripping Springs, and Georgetown, demonstrating a concentrated and effective regional strategy. Historically, the company’s expansion pace maintained a steady rate of approximately one new shop per year. As of 2015, Mike Haggerty indicated that the Scorecard Plus franchise managed 30 shops across Central Texas, emphasizing that any future expansion would occur organically, focusing on sustainable growth within its established market. The brand is poised to celebrate a significant milestone, marking its 50th year of operation in 2025 or 2026, a testament to its enduring quality and appeal. The Scorecard Plus franchise has garnered notable recognition, including the prestigious Restaurant Neighbor Award from the Texas Restaurant Association for its outstanding charitable service. Its co-owners were also honored with the Harvey Penick Award for Excellence in the Game of Life by Caritas of Austin, highlighting their commitment beyond business. Community involvement is a hallmark of the Scorecard Plus franchise, exemplified by the ThunderCloud Subs Turkey Trot, an Austin Thanksgiving Day tradition since 1991, which stands as the largest five-mile run in Texas. This event alone has impressively raised nearly $5.4 million for Caritas of Austin, a vital non-profit organization dedicated to supporting individuals experiencing poverty and homelessness. In a typical year, the Scorecard Plus franchise's food donations alone approach nearly $100,000, and they actively run an annual "ThunderPets" campaign benefiting Emancipet, further solidifying their community commitment. The menu has also seen significant evolution, expanding from just six subs in 1975 to a diverse offering of 27 varieties today, showcasing adaptability while maintaining core appeal.

For an ideal franchisee, insights can be gleaned from the deep-seated culture and historical operational preferences of the Scorecard Plus franchise. Given the brand's "very casual, very Old Austin hippie vibe" and emphasis on strong employee relationships and extensive community involvement, a prospective operator would ideally be an individual who genuinely appreciates and wishes to foster such an environment. The historical experience of Mike Haggerty, who opted to cease new franchising efforts due to the complexities of managing broad expansion, suggests that the Scorecard Plus franchise model, should it become available through existing unit sales or internal transitions, would be best suited for individuals who prioritize hands-on operational control and deep local engagement over rapid, extensive multi-unit development. The company’s philosophy of empowering managers with control over hiring and operations, coupled with profit-sharing incentives, indicates a preference for engaged owner-operators who are deeply invested in the daily success and community integration of their specific location. The geographic concentration of existing Scorecard Plus franchise units primarily in Central Texas, specifically within and around Austin and San Antonio, suggests that any potential opportunities, particularly for the acquisition of existing units or internal management transfers, would likely remain within this established and proven market. An ideal candidate would therefore possess a strong understanding of and connection to the Central Texas community, demonstrating a commitment to upholding the brand’s unique values and local operational excellence, rather than seeking to spearhead new, independent Scorecard Plus franchise agreements in distant, untested territories.

The Scorecard Plus franchise presents a unique investor opportunity, distinguished by its deep local roots, powerful community engagement, and a highly distinctive brand culture. Celebrating nearly 50 years of operation, the Scorecard Plus franchise has solidified its position as an iconic and beloved sandwich shop in Central Texas, built upon a consistent philosophy of serving fresh, fast, and healthy food in a fun, quirky atmosphere. While the historical record indicates a cessation of new independent Scorecard Plus franchise opportunities since 1999, the existence of a 2026 listing detailing specific investment figures suggests potential alternative avenues for engagement, such as the acquisition of existing units or participation in internal management transitions. These avenues allow investors to tap into the brand’s established operational success and its impressive estimated annual revenue of $22.8 million. The Scorecard Plus franchise maintains a strong FPI Score of 32, reflecting its solid standing within the industry. For those seeking to invest in a brand with a proven track record, a strong community legacy, and a unique operational model, the Scorecard Plus franchise offers a compelling proposition within its established market. Explore the complete Scorecard Plus franchise profile on PeerSense to access the full suite of independent franchise intelligence data.

FPI Score

32/100

SBA Default Rate

100.0%

Active Lenders

1

Key Highlights

Data Insights

Key performance metrics for Scorecard Plus based on SBA lending data

SBA Default Rate

100.0%

1 of 1 loans charged off

SBA Loan Volume

1 loans

Across 1 lenders

Lender Diversity

1 lenders

Avg 1.0 loans per lender

Scorecard Plus — Deep SBA Data

Brand-specific metrics derived directly from SBA 7(a) approval records — peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.

Peak SBA Year

1995

1 approvals — best year on record for Scorecard Plus.

Top SBA State

Utah

1 SBA-financed Scorecard Plus locations — the densest operator footprint.

Average Loan Size

$30K

Median $30K — use as a sizing anchor when modeling your own $Scorecard Plus unit.

Lender Concentration

100%

Concentrated

Share of Scorecard Plus approvals captured by the top 3 SBA lenders.

Scorecard Plus's SBA lending pipeline peaked in 1995 (1 approvals). Operator density is highest in Utah with 1 SBA-financed locations. Average funded ticket sits at $30K, with the median at $30K. Lender mix is concentrated: the top three SBA lenders account for 100% of approvals — credit decisions concentrate with a small group of incumbents.

Payment Estimator

Loan Amount$400K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$5,176

Principal & Interest only

Locations

Scorecard Plusunit breakdown

Total Units
N/A
Franchisee Owned
System Owned
Closed

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