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Updated RecentlyMetroNaps vs Network Lead Exchange Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of MetroNaps vs Network Lead Exchange 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 | $12,075 - $120,200 |
| Franchise Fee | $25,000 | $9,950 - $100,000 |
| Royalty Fee | 5% | - |
| Advertising Fee | - | - |
| Year Founded | 2003 | 2018 |
| Year Franchised | 2005 | 2018 |
| 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 | - |
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 Network Lead Exchange
Network Lead Exchange is the
premier online network of businesses.
With the intent of promoting new
business referrals within each local chapter, Network Lead Exchange
brings networking online, allowing members to pass and receive leads
virtually. Network Lead Exchange puts convenience and results into
networking, without the traditional demanding requirements and meetings.
With a state-of-the-art platform, organized by chapters, members
exchange leads and ideas, share promotions and events, learn from pros
and access a network of service providers that provide specific
incentives to all members across Network Lead Exchange.
The total investment necessary to begin operation of a Network Lead Exchange area representative franchise is $106,150 to $120,200. This includes $100,000 that must be paid to the franchisor or affiliate.