Nap York

New York, NY

Series A stage Full Build Financial » Real Estate
About
A tech driven pod station that allows anyone to sleep when they want for as long as they want, helping people from businesspeople to red eye travelers catch as little as a 30 minute power nap in the middle of the day or night.

Industry
Landscape

Hospitality, Retail, Travel, Wellness, and IoT

The
Problem

½ of Americans fall asleep at work, ⅓ of Americans are sleep deprived, and and ¼ of airlines are delayed each day. No short term sleep solutions in the market.

The
Solution

Tech driven pod station. KPI’s: - 70% conversion rate for walk in customers - 1 - 32 square foot sleeping pod generates approximately $120 per day at only 20% occupancy and $0 advertising - 30% profit margins - Average user rating of 8.5/10 - Dozens of interested franchisees and pod order inquiries lined up for 2019

Business
Model

Pay per half hour sessions, beverages, amenities. There’s also a franchise, SaaS, and manufacturing component that has a lot of potential for additional revenue.