OTA World
Professional Services Education-RelatedCompany Information
Address
1001 W. Crosby Lane Carrollton, TX 75006
Website
Tel
Email
Franchise Summary
Description
OTA World is a franchise dedicated to providing educational and training services in technology and digital skills, offering a comprehensive curriculum that caters to various skill levels and includes flexible learning options. The franchise model supports entrepreneurs in opening training centers, while partnerships with industry leaders ensure the relevance of the courses, all aimed at empowering individuals for successful careers in technology.
Company Background
OTA World(R) is a franchisor of portable massage chairs and accessories. The company offers franchises under the name of "OTA World(R)" for the operation of a retail store that displays, demonstrates, and sells quality massage chairs to the general public. The company also provides marketing support services such as advertising campaigns and web site development. Founded in 2009 by successful entrepreneur Chris Giese, OTA World has grown from one location to over 300 locations across North America with an average annual growth rate of 20%.
Franchise Opportunity
Massage chairs are a great way to improve your health and wellness, but they can be expensive. Not only are massage chairs a great way to improve your health and wellness, but they can also be expensive. That's why it's important to find a quality massage chair at a fair price. OTA World offers high-quality massage chairs at an affordable price. We have a wide selection of massage chairs that will fit your needs and budget.
Corporate Structure
OTA Healthmate, LLC, (“OHL”) a Texas Limited Liability Company formed on April 11, 2019, is the franchisor. Our manufacturing affiliates are: OTA World, LLC (“OWL”) a Texas Limited Liability Company formed on July 20, 2016; and Titan Chair, LLC (“TCL”) is a Texas Limited Liability Company formed on February 21, 2007. Both OHL and TLC share the same principal business address: 1001 W. Crosby Lane, Carrollton, TX 75006.
Earnings Transparency
This Franchise discloses much less information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Franchise Types Available
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OTA World Franchise System Development in 2021
FAQ
How much investment do I need to start my own OTA World business?
Franchisees typically require at least $59 to $156 investment to get their OTA World business started
What are the initial franchise fees for OTA World?
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Franchisees typically need to pay at least $ in fees directly to OTA World in order to earn the right to launch their business
How much money can I make with a OTA World franchise? What are
the average revenues for a typical OTA World business?
We haven’t done the math on how much revenue a typical
OTA World brings in each year. We estimate that other
franchisees in the Professional Services industry generate
$960,856 revenue, so we would expect
OTA World to generate a similar amount
How long do I need to commit to running a OTA World unit? What
is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are
also generally 10 years
Accessibility
The Franchisor's investment costs ranges from
$59,000 to $156,000
which is
Much Lower
than the $0 to $0 average in the Education-Related industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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