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Below is an in-depth analysis and side-by-side comparison of MetroNaps vs Link Business 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 | $53,200 - $148,500 |
Franchise Fee | $25,000 | $45,000 |
Royalty Fee | 5% | 6.5% |
Advertising Fee | - | 2% |
Year Founded | 2003 | 1996 |
Year Franchised | 2005 | 2007 |
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 | -/Yes |
Inventory | No/No | -/Yes |
Receivables | No/No | -/Yes |
Payroll | No/No | -/Yes |
Training & Support |
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Training | - | On-The-Job Training: 40 hours Classroom Training: 16 hours Additional Training: Online broker academy |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
Marketing | Ad slicks | Marketing Support Ad Templates Social media Website development Email marketing |
Operations |
Number of employees needed to run franchised unit: 1 - 1
Absentee ownership of franchise is allowed. | Absentee Ownership Allowed Number of Employees Required to Run: 1 |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | Yes |
International Expansion | Yes | 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?