MetroNaps

Founded: 2003 Franchising since: 2005

527 3rd Ave., #131 New York, New york 10116

Phone: (212)239-3344

Franchisor is a privately-held company with 5 employee(s); 3 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2006	1	0	0	2
2005	0	0	0	2

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Georgia, Iowa, Idaho, Kansas, Louisiana, Massachusetts, Missouri, Mississippi, Montana, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Pennsylvania, Tennessee, United states, Vermont, Washington, West virginia, Wyoming

Exclusive territories available.
Territory size: 50,000 population

Total investment: $72K-214.5K Franchise fee: $25K

Ongoing royalty fee: 5% Term of agreement: 5 years, renewable

Express/kiosk option available

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	No
Startup Costs	No	No
Equipment	No	Yes
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Third-party financing source(s): BayCap Inc.

Qualifications
Net worth requirement: $170K-320K
Cash liquidity requirement: $28.3K-53.3K
Business Experience:

• General business experience

Operations

• Number of employees needed to run franchised unit: 1
• Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

Training

• Available at headquarters: 10 days
• At franchisee's location: 3 days

Ongoing Support

• Newsletter
• Meetings
• Toll-free phone line
• Grand opening
• Internet

Marketing Support

• Ad slicks