FranchiseVerdict
OTA World logo
FV-01850·CAUTIONStandard76

OTA World

Formerly known as HealthMate

Personal Services - Beauty & SalonFranchising since 2021Website
Investment
$59K – $156K
6th pct Beauty & Salon
Avg revenue
70th pct Beauty & Salon
Royalty
Units
18
34th pct Beauty & Salon
SBA default

Bottom line

  • Total investment $59K – $156K including a $0 franchise fee.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated CAUTION with a risk score of 75/100.
  • No Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.

Item 1 · who you're contracting with

The Franchisor

Legal entity
OTA Healthmate, LLC
Incorporated in
Texas
HQ
1001 W. Crosby Rd., Carrollton, TX 75006
Auditor
Yil H. Han-C.P.A.
Audited financials
Franchisor revenue
$3.7M
vs $3.3M prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one OTA World unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: personal services
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $59K–$156K
Working capital
$
FDD reports $5K–$25K

Unlevered ROIC · per unit

141%

Above typical band (30–60%)

0%30–60% Yale band80%
ROIC above 100% usually means the revenue figure is a system-wide aggregate or top-cohort number rather than a single-unit average. Verify the "Revenue · per unit" field against the brand's FDD Item 19 detail tables before relying on this output.

Store EBITDA · annual
$173K
EBITDA margin
23.0%
Total invested
$123K
Payback
9 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Overview

About

OTA World franchisees operate online travel agency (OTA) businesses, likely booking hotels, flights, and vacation packages for customers through digital platforms. Day-to-day activities include client acquisition, travel booking management, customer service, and possibly managing affiliate or white-label travel booking technology. The model appears to be a B2C travel services operation, possibly with MLM or affiliate income components.

CEO
Michael Cha
Founded
2019
FDD year
2024
States available
10

Item 7 · what it costs

The Vitals

Total investment
$59K – $156K
All-in to open one unit
Liquid capital
$5K – $25K
Cash you must have on hand
Franchise fee
$0
Royalty
NONE
Ad fund
1.0%
typical 3–5%
Total fee load
1.0%
vs 9–13% typical

Item 19

Financial Performance

This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.

Item 20 · unit dynamics

The Growth Chart

Total units
18
Opened
0
Last reporting year
Closed
5
Turnover rate
27.8%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Net growth (yr3)
-21.7%
Net unit change last year
3-yr CAGR
-33.3%
Compounded over last 3 years
2022
18-5
Franchised units
2023
23
Franchised units
2024
27
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 11 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 11 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

No SBA loan data available for this brand.

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

75
Risk · 0-100
CAUTION75 / 100

OTA World exhibits signs of a contracting franchise system with declining unit count, undisclosed financials, questionable franchisor viability, and no proven earnings model—this is a high-risk investment.

Score breakdown · what drove the 75 / 100 rating

  1. 01MEDSystem contracting sharply: 21.7% unit decline YoY (18 units remaining) suggests franchisee failure/attrition
  2. 02MINORZero royalty fee structure may indicate franchisor lacks revenue model or confidence in franchisee profitability
  3. 03HIGHGoing Concern status = false: franchisor's ability to support franchise operations is questionable
  4. 04MINORNo financial disclosure (revenue/net income): impossible to validate franchisee earnings claims
  5. 05MINORNo Item 19 earnings claim: combined with declining units, suggests poor unit economics
  6. 06MINORFree franchise fee ($0) may indicate difficulty recruiting or desperation to inflate unit count
  7. 07MINOR$59K-$156K investment range is wide with no performance metrics to justify either end

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Exclusive territory
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Online sales rights
Granted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
No
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
Texas

Item 11

Training & Operations

Classroom training
11 hrs
On-the-job training
19 hrs
POS system
QuickBooks Online
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

19 numbers

Locked
(901) 305-••••
TN
(469) 713-••••
TX
(254) 394-••••
TX

One-time purchase · CSV download · Validation questions included

FDD download

OTA World · FDD (2024) PDF

Single-page checkout · instant download · CSV export of contacts available separately above