In an impressive achievement for the webcam industry, Studio 20, renowned as the world's first cam studio franchise, announced a significant milestone with a turnover of 9 million dollars in 2016. This remarkable success is attributed to the online entertainment services provided by their 500 cam models. The major contributors to this turnover were the studios in Bucharest, accounting for 60% of the total revenue, followed by locations in Cluj, Timisoara, Craiova, Cali (Colombia), and Los Angeles (U.S.A.). The client base primarily consists of senior managers in IT and banking, as well as notable figures in acting, dancing, and music, aged between 25 and 55 years, predominantly from affluent regions such as the United States, United Kingdom, Canada, Germany, France, the Netherlands, and the Nordic countries.
Adding to their achievements, Studio20 Men, which opened in Bucharest, has surpassed expectations by crossing the $5,000 monthly revenue mark within just three months of its inauguration. This men's studio has quickly risen to success, boasting earnings over $19,000 in this short period.
Further expanding their reach, a new Studio20 franchise has made its debut in Oradea as of March 1st. With an investment of 100,000 Euros, this new glamour studio is projected to generate $50,000 in monthly income by the end of 2017, aiming to contribute over $600,000 to the franchise's annual turnover by 2018. The Oradea studio, situated in the city's central area, features 14 luxuriously decorated rooms, embodying the franchise's signature glamour across its expansive 350 square meter space. The studio is set to employ over 30 models, with ambitious plans for expansion into Ploiesti, Brasov, and Budapest.
About Studio 20: Currently, the Studio 20 Franchise operates in 9 locations including Bucharest, Cluj, Timisoara, Craiova, Cali, Los Angeles, and Oradea. It presents a lucrative opportunity for franchise owners, with the potential to generate over 1 million euros in profit annually from an investment of 100 to 200,000 euros. The gross profit margin can reach up to 200,000 euros per year. Franchisees benefit from comprehensive training sessions and access to a national recruitment system, ensuring operational