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Below is an in-depth analysis and side-by-side comparison of MetroNaps vs Cinch I.T. 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 | $100,025 - $124,850 |
Franchise Fee | $25,000 | $49,000 |
Royalty Fee | 5% | - |
Advertising Fee | - | - |
Year Founded | 2003 | 2004 |
Year Franchised | 2005 | 2019 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | You do NOT need to be a technician or an experienced I.T. professional to run a successful Cinch I.T. top franchises location. As an owner, you will hire technicians to serve your customers. You will reach out to potential customers, learn about their businesses, and offer technology solutions that will make their businesses more efficient, secure, and profitable. | |
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 | No |
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?
Cinch I.T. franchise owners target clients who employ 10-100 people on average - "the most under-served range.
Cinch I.T. was formed to support this under-served market. We have
created a trusted national brand capable of delivering fast and friendly
I.T. support, enterprise-level security, and professional consultation to help businesses leverage their technology.