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