MetroNaps vs CoHatch Franchise Comparison

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

Start-Up Costs and Fees

 
MetroNaps Franchise
CoHatch Franchise
Investment $55,000 - $160,000$138,850 - $916,500
Franchise Fee $25,000$39,000
Royalty Fee 5%-
Advertising Fee --
Year Founded 20032017
Year Franchised 20052017
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements

 
MetroNaps Franchise
CoHatch Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    MetroNaps Franchise
    CoHatch 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
    CoHatch 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
    CoHatch Franchise
    US Expansion YesYes
    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 CoHatch

    "CoHatch

    COhatch is a co-working, meeting, and lifestyle company with a mission to Strengthen Communities and Improve Lives. We are built around the way you live, rather than having to build your life around work. We're located in the very communities from which our members reside (and you can use them all!). Come to COhatch and discover your vocational purpose - where your personal happiness and your community's needs meet.

    The total investment necessary to begin operation of a COhatch Franchised Business is $138,850 to $845,500. This includes $39,000 that must be paid to the franchisor and its affiliate(s).
    The total investment necessary to begin operation of a COhatch Area Developer Franchise is $212,850 to $916,500. This includes between $35,000 and $110,000 that must be paid to the franchisor and its affiliates.