MetroNaps vs Regus Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of MetroNaps vs Regus including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
MetroNaps Franchise
Regus Franchise
Investment $55,000 - $160,000$1,714,100 - $3,251,500
Franchise Fee $25,000$50,000
Royalty Fee 5%-
Advertising Fee --
Year Founded 20031989
Year Franchised 20051989
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements
 
MetroNaps Franchise
Regus Franchise
Experience
  • General business experience
    		• Regus is seeking qualified franchisees with the organizational and financial capabilities to open a minimum of five locations no smaller than 10,000 square feet over a two- to three-year period. Qualified franchisees should have at least three years of outside sales management experience and two years of community marketing experience with a sales team of at least five people. Franchisees must also be committed to uphold operational and image standards of the Regus brand, and have the drive to move quickly and decisively to secure deals with customers.

    Financing Options
     
    MetroNaps Franchise
    Regus Franchise
      In-House/3rd PartyIn-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
     
    MetroNaps Franchise
    Regus Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, InternetRegus works closely with its franchisees to ensure they have a framework to find the right location and design; are able to grow their market footprint backed by world-class operational and marketing support; and have the quality customer service Regus is known for, as well as access to platforms including marketing, sales and IT as well as a global network six times larger than the nearest competitor.
    Marketing Ad slicks-
    Operations

    Number of employees needed to run franchised unit: 1 - 1

    Absentee ownership of franchise is allowed.

    		-

    Expansion Plans
     
    MetroNaps Franchise
    Regus Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion YesYes

    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 Regus

    Regus was founded in Brussels, Belgium, in 1989, and is the world’s largest provider of flexible workspace solutions. Its global network includes more than 3,300 business centers, spanning 1,100 cities across 120 countries.
    Regus is the leading global flexible workspace provider and is seeking driven, committed franchise partners to capitalize on the significant demand for flexible, contemporary coworking spaces across the U.S. Regus created the coworking concept 30 years ago and has been the industry’s global leader with over 3,300 locations across the world. The proven and scalable operating model can provide franchisees with a highly attractive return on their investment. Franchisees will also benefit from a built-in network of 2.5 million customers, including some of the most successful entrepreneurs and multi-billion-dollar companies, that instantly become available to franchise owners.

    "Top
    #104 in Canada's Top franchises.