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Updated RecentlyMetroNaps vs SMS Masterminds Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of MetroNaps vs SMS Masterminds 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 | $24,000 |
| Franchise Fee | $25,000 | N/A |
| Royalty Fee | 5% | - |
| Advertising Fee | - | - |
| Year Founded | 2003 | - |
| Year Franchised | 2005 | - |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | You don't need to be a marketing or mobile technology expert to be a successful mastermind! You will become an expert with our "Masterminds University" training program and 24/7 support by our friendly and professionally-trained staff, who can answer any questions or concerns you have quickly and effectively. |
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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 | - |
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 SMS Masterminds
THIS IS A BUSINESS OPPORTUNITY THIS IS NOT A FRANCHISE SMS Masterminds brings the power of Mobile Marketing to small and big business alike! We'll help you build your own customer list and market to them in the most effective ways possible. With new advances in technology, Mobile Marketing is now easy and affordable for businesses of all sizes. No other form of advertising gets a greater return on investment than Mobile Marketing! Low overhead Virtually no inventory Work from home Recurring income No employees No retail location No set hours Always innovative and exciting SMS Masterminds network success: Over 75+ markets nationally Client grossing as much as $30K/month Over 1,250,000 subscribers as of November 2013 What you sell: A smart Loyalty Marketing Solution that works like a digital punch card. Consumers 'check in' using their mobile number, and earn points towards free products/services. The merchant will then send text messages out to those consumers with daily specials and offers to drive them back in. Response rates of 20 to 30 times better than traditional media are typical! For this, you charge a monthly fee for the service, the amount depending on the size of the account.