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2021 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$60K - $156K
Units as of 2020
4

Company Overview

About OTA World

Industry
Retail
Founded
2018
Parent Company
OTA Healthmate LLC
Leadership
Michael Cha, CEO

Franchising Overview

Franchising Since
2019 (2 years)
# of employees at HQ
25
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees worldwide.

# of Units
4 (as of 2020)

Franchisor Information

Corporate Address
1303 Marsh Ln.
Carrollton, TX 75006

Information for Franchisees

Here’s what you need to know if you’re interested in opening a OTA World franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Investment
$60,000 - $156,000
Net Worth Requirement
$250,000
Cash Requirement
$60,000 - $200,000
Ad Royalty Fee
1%
Term of Agreement
10 years
Is franchise term renewable?
Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing
OTA World has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
19-36 hours
Classroom Training
11-17 hours
Ongoing Support
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Marketing Support
Co-op Advertising
Ad Templates
Regional Advertising
SEO
Website Development

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where OTA World landed on this year’s Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021