MetroNaps vs Shred-it Franchise Comparison

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

Start-Up Costs and Fees
 
MetroNaps Franchise
Shred-it Franchise
Investment $55,000 - $160,000$50,000 - And Up
Franchise Fee $25,000N/A
Royalty Fee 5%-
Advertising Fee --
Year Founded 20031988
Year Franchised 20050
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements
 
MetroNaps Franchise
Shred-it Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    MetroNaps Franchise
    Shred-it 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
    Shred-it Franchise
    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
     
    MetroNaps Franchise
    Shred-it Franchise
    US Expansion 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 Shred-it

    Shred-it is dedicated to being the World's Leading Mobile Shredding and Recycling Company.

    We have achieved this goal on the strengths of our people. Shred-it consistently delivers the greatest security, cost effectiveness, convenience and environmentally-friendly service available.

    Our ongoing prosperity is a matter of continuing to attract the best people to our organization - a core principle of our company from the outset.