No. 36 of the UK's Top 100
Regus is a leading provider of workspace solutions, meeting rooms, co-working spaces as well as virtual offices. The company is part of IWG (International Workplace Group). Franchisees should open at least 5 Regus locations over 2-3 years, in town centres or business parks.
Year established | 1989 |
Year franchise established in the UK | 2019 |
Number of units in the UK | 304 |
Number of units worldwide (excluding UK) | 3,100 |
Number of countries where company operates | 120 |
Financials
Franchise fee | n/a |
Minimum investment | £1,000,000 |
Total investment | £1,000,000 |
Royalty fee / Management fee | n/a |
Financing | No |
Training and support
The new franchisee receives a three-week, hands-on, in-centre induction training. The franchisee’s team also receives training for one week. Tutorials are available through the IWG online training academy for the contract period. Regus works with the franchisees to design and develop their franchise location to meet client demand for flexible workspace. Local customisable marketing plans are put in place for each workspace. Regus, through IWG, also offers the following benefits:
- Global customer support, IT and franchise support network,
- Back office support for billing, invoicing and cash collection,
- Professional and recruitment support,
- Inventory management,
- Office service agreements and auto-renewal.