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Below is an in-depth analysis and side-by-side comparison of MetroNaps vs Above the Standard 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 | $61,400 - $73,900 |
Franchise Fee | $25,000 | $49,900 |
Royalty Fee | 5% | 15% |
Advertising Fee | - | - |
Year Founded | 2003 | 1981 |
Year Franchised | 2005 | 2010 |
Term Of Agreement | 5 years | 10 years |
Term Of Agreement | 5 years | 10 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. | Franchise can be run from home. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators). |
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?
*Procurement/sourcing expertise *Purchasing and management staff training *Procurement outsourcing for all or part of your purchasing department *Finance and Administrative Services *Business growth *Reduce costs and increase quality *Centralize procurement *Provide needed products or services *Build new markets in your company *Provide Just-In-Time Inventory (JIT) *Increase supply chain efficiency *Retain best value and remain competitive *Compliance *Supplier performance improvement *Support day-to-day buying activity *Policy/Procedure creation, implementation, validation *Transaction automation and processing *Bring focus to core competencies. *Develop strong end-user to provider relationship *Lower procurement related labor costs *Improve overall procurement performance *Provide greater control, reporting, and supplier compliance *Organization and internal cost performance *Data for benchmark analysis, goals, and results *Procurement personnel training *Procurement department creation and implementation