Dear Aspiring Franchisee,
Happy New Year!
In the spirit of new beginnings, we’re thrilled to share some exciting news from the month of December! Despite the holiday season typically being a slower period for franchise sales, we’re delighted to announce that Steamoji achieved record-breaking success.
Last month, our dynamic team accomplished the sale of 6 territories, leaving only 5 available in Vancouver. This remarkable achievement underscores our commitment to growth and the incredible demand for our STEM franchise. As we step into the new year, we’re excited about the momentum and can’t wait to see what the future holds for Steamoji.
[ FRANCHISEE SUCCESS ]
Andriy and Yuriy of Steamoji Kelowna sold more memberships than any other Academy and reported positive net profits in Q4, the fastest Academy to reach this milestone. Shout out to Larry of Steamoji Burlington, who isn’t yet open but continues to sell founding memberships and run satellite programs out of local libraries to generate revenue.
Overall, satellite programs and winter camps helped increase gross revenues across the system, and more than half of our Academies reached 60 active members and had a positive net profit in Q4. Congratulations to all of our Franchisees – hard work pays off!
[ NEW ACADEMIES ALERT ]
Steamoji Coquitlam is NOW OPEN! Congratulations Sumitesh and Namita on already securing over 30 monthly memberships for your new Academy.
The following territories are now SOLD: Sherwood Park in Edmonton Alberta to Dayna, Langley BC to Sasan and Dan, North Vancouver BC to Stacy. Additionally, an area development deal was signed in the Greater Toronto Area for Markham Unionville, Richmond Hill and Richmond Hill North to a group of passionate investors led by Wang Zi.
Congratulations all on your new venture, and Welcome to Steamoji!
[ NEW AT STEAMOJI ]
To best serve our franchise partners, we’ve invested heavily in systems to optimize day to day operations and to alleviate our reliance on costly third party systems. In the last month we have made enhancements to the parent app as well as in our back end systems which include our own in-house CRM, increased transparency in reporting transactions and streamlined monthly membership tracker.
“Our franchise partners benefit from the amount of time, money and resources that we have put into new technology. Doing it on their own through trial and error would require more than $300 000 in upfront costs.”
-Hank Horkoff, Steamoji Founder and CEO
To stay updated with our latest developments at Steamoji, join us on Facebook, Instagram, and LinkedIn. Thank you for your interest and continued support!
If you are ready to embark on a unique journey to join other mission-minded investors in living well by doing good, please do not hesitate to contact me and let’s get building!
Warm regards,
-Amadea
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