Online Trading Academy
Online Trading Academy
18004 Sky Park Circle S., # 140
Irvine, CA 92612
800#: (888) 842-8418
Tel: (949) 475-5652
Fax: (949) 475-5656
E-Mail: [email protected]
Web Site: www.tradingacademy.com
Contact: Mr. John O'Donnell, Chief Executive Officer
We are the global brand leader in direct access trading education for: stocks, futures and options. All students earn tuition rebates from a choice of five (5) brokers. Our classes are delivered via Web, CDROM and classroom experiences. OTA won the Voyager Award from Technology Investor Magazine for Education Excellence.
Franchisor Background
Established: 1997
First Franchise: 2004
Franchise Units: 5
Company-Owned Units: 1
Total Units: 6
Distribution:
U.S. -- 4;
Canada -- 0;
International -- 2
-North America -- Operations in 3 States
-States/Provinces with Greatest Density: 2 in CA, 1 in TZ, 1 in NV
Projected New Units Over Next 12 months: 36
Franchisee Qualifications: 3, 4, 4, 4, 5, 5
(Click here for an explanation)
Registered in Following Registration States: All States (Click here for an explanation)
Average Number of Employees: 2 FT, 3 PT (FT = Full Time, PT = Part Time)
Space Needs: 3,000 SF; Office Bldg.
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $50-100K
Total Investment: $100-150K
Average Total Investment: $125.0K
Minimum Net Worth: $100K
Fees:
-Franchise: $39.5K
-Average Franchise Fee: $39.5K
-Royalty: 10%
-Average Royalty: 10.0%
-Advertising: 15%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/10
Passive Ownership: Discouraged
Area Development Agreements: Yes/10
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: Yes(I)
Cooperative Advertising: Yes
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: Yes
Size Of Corporate Staff: 12
On-Going Support: a,C,D,E,G,H,I (Click here for an explanation)
Training: 2 Weeks Plus 2 Weeks for Instructors at Irvine, CA.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: All Canada
Overseas: Europe First, then Asia
Note: NR = No Response by Franchisor.
Click here for a sample questionnaire.
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