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Below is an in-depth analysis and side-by-side comparison of MetroNaps vs The Organization Supporting Business Owners including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $55,000 - $160,000 | $25,000 |
Franchise Fee | $25,000 | N/A |
Royalty Fee | 5% | - |
Advertising Fee | - | - |
Year Founded | 2003 | - |
Year Franchised | 2005 | - |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/Yes | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet | - |
Marketing | Ad slicks | - |
Operations |
Number of employees needed to run franchised unit: 1 - 1
Absentee ownership of franchise is allowed. | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
Looking for a company to support your regular afternoon snooze session? MetroNaps takes napping to the franchise world with its space-age-looking napping pods. The company promotes the benefits of sleep on workplace productivity, and it's expanding to spas, health clubs, airports and corporate offices. Who doesn't need a little peace and tranquility these days?
NO LONGER FRANCHISING
OSBO is expanding our local consulting and training benefits through franchise territories. Our OSBO franchisees will have access to the latest technology, to manage their database, develop reports and handle the accounting for the membership. Each franchise territory will have its own locally branded website for posting local events and member information.
We offer our franchisees a business with low overhead and no requirements of a physical location. For more information about an OSBO Franchise, please contact OSBO Franchising, LLC at [email protected] e-mail address is being protected from spam bots, you need JavaScript enabled to view it and visit our membership site at http://www.osbo.org/.
Benefits of an OSBO Franchisee
REASONS TO BECOME AN OSBO FRANCHISEE
* An exciting new franchise concept
* Five years of success
* Exclusive territory
* Low overhead
* No physical location is required
* Accounting and merchant fees managed by Corporate Office
* Locally branded website
* Online reporting
* Online database
* Low monthly fees
* Builds visibility in the business community for the franchisee
* A great compliment to an existing sales and business support service company
* Complimentary to other franchise concepts and franchise ownership
A GREAT PRODUCT THAT BUSINESS OWNERS NEED
OSBO membership benefits are a product that any business owner could use.
A low annual fee makes it an easy decision for a business owner to join.
Benefits extend to the employees of the member firms making it attractive to a business of any size.
Association Health programs make membership a great advantage to small business owners without existing health plans.
REVENUE STREAMS FOR FRANCHISEES
Franchisees receive 70% of revenue from memberships and local consulting fees and all of the local revenue from local events.
OSBO offers a tiered membership program based on the number of locations that a company has in a franchise territory increasing the revenue opportunity for the franchisee.
OSBO has local consulting teams that pay an additional monthly fee to become the consultant in their category.
Since OSBO membership benefits include the employees of each member firm, companies with multiple locations pay higher membership fees.
The membership fees are annual giving the franchisee residual income when the members renew.