Hang It Up TVs vs OpenWorks
Franchise Comparison 2026
Both Hang It Up TVs and OpenWorks are automotive franchises. Hang It Up TVs requires an investment of $50K – $85K while OpenWorks requires $4K – $134K. FranchiseVerdict rates Hang It Up TVs C (Average) and OpenWorks B (Above average).
| Metric | Hang It Up TVs | OpenWorks |
|---|---|---|
| Verdict Grade | CAverageAverage | BAbove averageAbove average |
| Investment Range | $50K – $85K | $4K – $134K |
| Franchise Fee | $35K | $3K |
| Royalty Rate | Greater of 6% of Gross Sales or Minimum Weekly Royalty Fee ($150/week for 1 Territory, scaling up with additional territories) | 15.0% |
| Average Revenue (Item 19) | N/ACompany-owned only · n=1 | N/A |
| SBA Charge-Off Rate | N/A | N/A |
| Total Units | 1 | 730 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2025 | 1988 |
| FDD Year | 2025 | 2025 |
Investment Range
$50K – $85K
$4K – $134K
Franchise Fee
$35K
$3K
Royalty Rate
Greater of 6% of Gross Sales or Minimum Weekly Royalty Fee ($150/week for 1 Territory, scaling up with additional territories)
15.0%
Average Revenue (Item 19)
N/ACompany-owned only · n=1
N/A
SBA Charge-Off Rate
N/A
N/A
Total Units
1
730
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2025
1988
FDD Year
2025
2025