Start-Up Costs and Fees |
||
| OpenWorks | Omex International | |
| Investment | 15000 - 150000 | 40400 - 70600 |
| Franchise Fee | 0 | |
| Royalty Fee | 5-10% | 4% |
| Advertising Fee | ||
| Year Founded | 1983 | 1979 |
| Year Franchised | 1983 | 1994 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| OpenWorks | Omex International | |
| Experience | General business experience | |
Financing Options |
||
| OpenWorks | Omex International | |
| Franchise Fees | Yes | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | No | |
Training & Support |
||
| OpenWorks | Omex International | |
| Training | 1. Corporate Headquarters 1 Week 2. Franchisee's Territory 1 Week | |
| Support | Newsletter, Meetings, Toll-free phone line, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Central Data Processing Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Franchisee Newsletter Regional or National Meetings 800 Telephone Hotline |
| Marketing | Regional advertising | |
| Operations | Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| OpenWorks | Omex International | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| OpenWorks | |
| Omex International | |
| Franchise Fee | |
| OpenWorks | |
| Omex International | |
| Royalty Fee | |
| OpenWorks | 5-10% |
| Omex International | 4% |
| Advertising Fee | |
| OpenWorks | |
| Omex International | |
| Year Founded | |
| OpenWorks | 1983 |
| Omex International | 1979 |
| Year Franchised | |
| OpenWorks | 1983 |
| Omex International | 1994 |
| Term Of Agreement | |
| OpenWorks | 10 years |
| Omex International | 10 years +10 |
| Renewal Fee | |
| OpenWorks | |
| Omex International | |
Business Experience Requirements |
|
| Experience | |
| OpenWorks | General business experience |
| Omex International | |
Financing Options |
|
| Franchise Fees | |
| OpenWorks | Yes |
| Omex International | Yes |
| Start-up Costs | |
| OpenWorks | |
| Omex International | |
| Equipment | |
| OpenWorks} | |
| Omex International | |
| Inventory | |
| OpenWorks | |
| Omex International | |
| Receivables | |
| OpenWorks | |
| Omex International | |
| Payroll | |
| OpenWorks | |
| Omex International | |
Training & Support |
|
| Training | |
| OpenWorks | |
| Omex International | 1. Corporate Headquarters 1 Week 2. Franchisee's Territory 1 Week |
| Support | |
| OpenWorks | Newsletter, Meetings, Toll-free phone line, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Omex International | Central Data Processing Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Franchisee Newsletter Regional or National Meetings 800 Telephone Hotline |
| Marketing | |
| OpenWorks | Regional advertising |
| Omex International | |
| Operations | |
| OpenWorks | Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Omex International | |
Expansion Plans |
|
| US Expansion | |
| OpenWorks | |
| Omex International | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| OpenWorks | |
| Omex International | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| OpenWorks | |
| Omex International | |