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Updated RecentlyMetroNaps vs Growth Concepts Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of MetroNaps vs Growth Concepts 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 | $500 |
| Franchise Fee | $25,000 | N/A |
| Royalty Fee | 5% | - |
| Advertising Fee | - | - |
| Year Founded | 2003 | 1989 |
| Year Franchised | 2005 | 2017 |
| 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 | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | 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 Growth Concepts
!["Growth]("http://growthconcepts.org/wp-content/uploads/newcleangrologo2.jpg")
Growth Concepts is the leading provider of tools and processes for
maximizing business value for increasing and leveraging equity.
We have been assisting Businesses Owners/Buyers since 1989.
We honor and train Business Owners/Employees
and Ambassadors of Business Equity
using the STS Business Equity System
throughout the world.