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Updated RecentlyMetroNaps vs Supporting Strategies Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of MetroNaps vs Supporting Strategies 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 | $77,930 - $103,190 |
| Franchise Fee | $25,000 | $60,000 |
| Royalty Fee | 5% | 10% |
| Advertising Fee | - | 2% |
| Year Founded | 2003 | 2004 |
| Year Franchised | 2005 | 2013 |
| 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 | -/Yes |
| Start-up Costs | No/No | -/Yes |
| Equipment | No/Yes | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | On-The-Job Training: 23 hours Classroom Training: 12 hours Additional Training: Online training |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | Ad slicks | Co-op Advertising Ad Templates Social media SEO Website development Email marketing Loyalty program/app |
| 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 | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About MetroNaps
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?
About Supporting Strategies
Starting a franchise such as Supporting Strategies can be incredibly exciting and rewarding, but leaving your corporate job can be a scary proposition. For many people looking into franchise ownership, leaving is the right long term decision.
Just take the time to make sure buying a franchise is right for you before you make the leap. It could be hard to get your old corporate life back once you leave that world to pursue independent business ownership for a year or two.
For more information about the pros and cons of business ownership, contact Supporting Strategies today!
Just take the time to make sure buying a franchise is right for you before you make the leap. It could be hard to get your old corporate life back once you leave that world to pursue independent business ownership for a year or two.
For more information about the pros and cons of business ownership, contact Supporting Strategies today!