2019-09-01 Entrepreneur Magazine

(Darren Dugan) #1
THE FLEXIBLE WORKSPACE AND COWORKING LEADING PROVIDER IS SEEKING FRANCHISEES
TO REAP THE REWARDS OF THE FAST-GROWING SECTOR UNDER ITS REGUS BRAND.

To learn more, visitfranchise.iwgplc.com

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AN UNPRECEDENTED INVESTMENT


OPPORTUNITY FOR FRANCHISEES IN THE U.S.


The new U.S. franchise program with
Regus is the latest major international
expansion strategy for IWG.
The company is seeking committed,
driven franchise partners to open
up Regus centers across North America
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Florida, Texas, Illinois and the
Northeast—including Pennsylvania,
New York, Virginia and Washington
,+

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sector has grown at an average annual
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it’s estimated that 50 percent of all
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IWG, North America. “To meet the
growing demand, we are looking to
rapidly expand our network through
franchising. This is an unprecedented
investment opportunity.”

Along with its strong economic
growth, low employment costs and
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range of revenue streams. These include
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a retention rate of around 70 percent—
and commission for selling other
Regus locations.

To meet its aggressive plans for
expansion, Regus is seeking U.S.
franchise partners with the means to
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smaller than 10,000 square feet.
Franchisees will need a net worth of
at least $1 million, and a minimum
of $350,000 of liquid assets per
location. Initial investments range
from $650,000 to $1.7 million per
location, with a $50,000 initial
franchise fee.

Franchisees should also have at
least three years’ sales management
experience and two years’ worth of
expertise in community marketing,
working with a sales team of at least
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upholding Regus’s high operational and
reputational standards.

Regus will work closely with franchisees
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Franchise partners will also have access
to marketing, sales and IT support and
leading platforms throughout the
process.

//Branded Content
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