- 2023 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$549K - $998K
- Units as of 2021
-
2,597 7% over 3 years
Here’s what you need to know if you’re interested in opening a Regus franchise.
Regus provides private office spaces in thousands of locations all over the world. The business is part of the International Workplace Group and started in 1989. Regus began franchising in 2012.
Regus recognized that many companies are reluctant to sign expensive leases on fixed office space. In response, the company has built a network of global workspaces that may enable people to work where and when they want. Regus offers fully-equipped meeting rooms, and every client gets a personalized service that meets their specific needs.
Regus has not expanded much into the United States, but it is actively seeking to do so. It is also open to franchising more locations around the world.
Why You May Want To Start a Regus Franchise
Opening a Regus franchise may be an opportunity for an ambitious franchisee who would like to build a network of office locations. Franchisees do not typically need any prior business experience, but should be business-minded. This may also be a decent option for those looking to run a business remotely. You can, if you wish, run your business through a manager.
Regus has office spaces available in many important towns, cities, and transport hubs worldwide. Depending on their needs, a client can rent office space for an hour or years. If, for example, a company is working on a project for an important customer, it might be a good idea to rent an office near the company's headquarters for the project's duration.
What Might Make a Regus Franchise a Good Choice?
A Regus client can increase office space or switch locations as needed. This is a seemingly flexible response to growing demand as more and more businesses operate globally. That said, Regus is looking to expand into areas in the United States and globally that it does not yet cover with ten-year, renewable franchises.
To be part of the Regus franchise team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.
How To Open a Regus Franchise
One of the major things to consider before opening a Regus franchise is your area’s traffic and potential appeal in regards to a Regus franchise. In other words, are you in a sleeper city full of commuters, or are you the place that people commute to? There may also be local competition, so you should see what your competitors are offering and the prices they charge.
Before making any financial commitment or signing an agreement, you must perform your due diligence to establish if this is the right franchise opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Regus franchising team questions. For example, how does the Regus franchise handle vacancies or periods of low interest? What do they do about companies who stayed with Regus but wanted to switch locations? How does a potential territory switch affect you?
If Regus approves you as a franchisee, you'll most likely undergo training and receive full support as you continue with them.
Company Overview
About Regus
- Industry
- Business Services
- Related Categories
- Coworking Spaces, Miscellaneous Business Services
- Founded
- 1989
- Parent Company
- International Workplace Group (IWG)
- Leadership
- Wayne Berger, CEO, The Americas
- Corporate Address
-
3000 Kellway Dr., #140
Carrollton, TX 75006
Business Overview
- Franchising Since
- 2012 (11 years)
- # of employees at HQ
- 10,000
- Where seeking
-
This company is offering new franchisees throughout the US.
This company is offering new franchisees worldwide.
- # of Units
- 2,597 (as of 2021)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Regus franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $50,000
- Initial Investment
- $549,000 - $998,000
- Net Worth Requirement
- $1,000,000
- Cash Requirement
- $350,000
- Royalty Fee
- 6%
- Ad Royalty Fee
- 2%
- Term of Agreement
- 10 years
- Is franchise term renewable?
- Yes
Financing Options
franchisees.
- Third Party Financing
- Regus has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 80 hours
- Classroom Training
- 80 hours
- Ongoing Support
-
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- Yes
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- Are exclusive territories available?
- Yes
Interested in ownership opportunities like Regus? Request a free consultation with a Franchise Advisor now.
Additional Rankings
Curious to know where Regus ranked on other franchise lists? Find out below.
Want to stay updated on the latest franchise news?
Never miss a beat when you sign up to receive our newsletter.
We care about the protection of your data. Read our Privacy Policy
Related Franchises
Are you eager to see what else is out there? Browse franchises that are similar to Regus.
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
The Basics of Making Money in Franchising
Before you go from employee to boss, understand the financial benefits of buying a franchise.
McDonald's Tests New Product Packaging in Attempt to Go Green — And Eliminates This Familiar Feature
The chain aims to reduce its greenhouse gas emissions by 36% between 2015 and 2030.
Take a Look at the Oldest Operating McDonald's Where Burgers Were Once 15 Cents
The spot is located in Downey, California.
How One Woman Turned Pandemic-Induced Boredom and a Makeshift Garage Art Studio Into a Thriving Franchise
Maya Ratcliff was searching for a hobby when she stumbled upon an art form that would ultimately change her life forever.
'Do You Know How Bad I Want This Money?': Man Finds $5,000 in McDonald's Drive-Thru Order
The customer went viral for what he did next.
The Top 15 Home-Based and Mobile Franchises for 2023
For budding entrepreneurs looking to franchise without leaving the house, these concepts offer flexibility.