The range of possible investment can be from $40,000 to $120,000
OTA HealthMate doesn't offer financing for your investment; however, we can introduce you to resources that may offer some financing: such as using your retirement funds (IRA or 401K) to buy the franchise; or possible SBA or commercial financing, if available. We have applied for SBA listing on the approved Franchise Registry.
No, there is no Franchise Fee when you sign up. As you find an approved location, you will pay for the initial store inventory, franchise website support fee and perhaps some legal costs. Then, you will pay remodeling costs if necessary, during construction. Then you will invest in your Grand Opening and begin your business, with additional working capital for initial operating expenses for 3 months.
The actual potential of your franchise depends on how you operate it, how much you sell massage chairs and accessories for at retail, and how you manage your expenses. We don't provide income projections—but we can tell you what the inventory costs per item. We don't control the price you sell items for, that's your right and choice.
Yes, if you have the finances. We will work with you to define each location, and a development schedule that fits both of us. We like to award generous exclusive areas with 5 miles in radius, so locations can be several miles apart, depending on population density, income and housing values.
The following table provides an estimate of your initial investment for one Store constructed in accordance with OHF's current prototype plans and specifications. There is only one type of space: conversion of an existing lease space.
Item | Investment Amount OHF | Investment Amount OHF PLUS | When Due | To Whom Payment Is To Be Made |
---|---|---|---|---|
Franchise Fee | No Franchise Fee | No Franchise Fee | No FEE | OTA World Franchise |
Architectural Planning | n/a | n/a | Negotiable | Architectural Firm |
Lease Deposits | n/a | n/a | As Incurred | Landlord / Vendors |
Leasehold Improvements | n/a | n/a | Negotiable | Contractors / Vendors |
Showroom Inventory | $40,000 to $65,000 | $65,000 to $120,000 | As Invoiced | OTA World Franchise |
Furniture and Equipment | n/a | n/a | As Invoiced | Vendors |
Signage & Graphics | n/a | n/a | As Invoiced | Vendors |
Insurance | n/a | n/a | As Incurred | Vendors |
Travel & Training Costs | n/a | n/a | As Needed | Hotel / Airfare |
Professional Fees | n/a | n/a | As Needed | Accountant, Lawyer |
Opening Promotion | n/a | n/a | As Needed | Vendors |
Total | $40,000 and more | $65,000 to $120,000 | Value | Value |
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OTA World, LLC
1001 W. Crosby Ln.
Carrollton, TX 75006