IWG (Regus)
IWG is the world’s largest provider of flexible workspace solutions, with 7m users including some of the most successful entrepreneurs, individuals and multi-million-dollar corporations. We are able to provide solutions to match every kind of business and work style through our portfolio of workspace brands – such as Regus, Spaces, HQ and Signature.
Investment Amount:
£250,001 - £500,000
Industry Sector(s):
Building and Maintenance, Featured Franchises, Management Franchises, Property & Estate Agency
A MAJOR NEW INVESTMENT OPPORTUNITY TO FRANCHISE WITH IWG PLC, THE GLOBAL WORKSPACE AND CO-WORKING MARKET LEADER
What We Do
We create personal, financial and strategic value for businesses of every size by providing companies and individuals with the workspace that’s right for them. Becoming an IWG franchisee will see you offering the following flexible options to companies and individuals looking for that perfect work space.
- OFFICE SPACE - Take your pick from our vast network of fully managed offices and tailor the space to your own unique requirements.
- COWORKING - Looking for more flexibility? Why not use our workspaces on an on-demand basis, accessing any part of our network as and when you need it.
- VIRTUAL OFFICE - Our Virtual Office service gives you a professional business address and local phone number along with mail handling, call answering and admin support.
- MEETING ROOMS - Pitching to a prospective client? Training your sales team? Presenting to the board? We have the perfect meeting spaces, whatever you need them for.
- FLEXIBLE WORKING PLANS - Choose from our range of membership plans and access our offices, coworking spaces and business lounges in whatever way suits you best.
Franchise Package
IWG has established a comprehensive support platform that provides franchise operators with:
- Access to the full use of its extensive suite of proprietary systems and tools
- Global customer support
- Full marketing platform including website and app with set up and management for listing of IWG locations
- Ability to leverage IWG’s international sales and marketing channels including our network of global corporate accounts
- Provision of a customisable marketing plan
- Access to a suite of customisable marketing templates including signage, events, advertising, sales collateral, PR materials and IWG stationery
- Regular review by the IWG team of the marketing plan
- Staff recruitment and training
The Financials
- The upfront fee for an exclusive Franchise Development territory is £25k
- A franchisee should be looking forward to achieving circa. 30 – 35% return on their initial capital investment, with payback in 3 – 4 years, but our Franchise Agreement is a 20 year term meaning the franchise partner will have the ability to build multi-unit franchise business delivering strong cash returns over a long-term business plan.
- Anyone thinking about our Franchise opportunity will need to be looking to invest circa. £350k - £550k into a unit.
- Through the strategic relationships that we have developed, we’re able to facilitate introductions to many of the UK banks who can provide full banking services including lending facilities on favourable terms.
Locations
IWG has established a comprehensive support platform that provides franchise operators with:
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- The core of our business is office-based business therefore the franchisee will have a very small team of between 1 and 3 people permanently office based, but it is flexible and our Franchise Partners can lead & manage the business both on-site and off-site as many of our systems can be accessed remotely.
- We’re currently operating more than 300 centres across the UK and many more globally, the majority of our own centres are located in central London and across more than 120 towns & cities of the UK.
- We still have lots of white space to grow and we work with our Franchisees to select the areas that fit most with their requirements and to meet demand now and into the future.
Who we are looking for
We are looking for ambitious and driven partners who want to be part of an international branded network and benefit from replicating a proven model through utilising the established processes.
By owning a franchise, previous self-starters will be able to maximise the performance of their locations and will have the leadership qualities required to push their centre teams to drive sales and keep their customers satisfied – two key parts of running an IWG location.
You should be passionate about the brand but also the sector as a whole – we are already seeing significant shifts in the way people are working with employers and employees alike recognising the benefits of working in a shared office environment.
Success Stories
"I would say to anyone considering becoming a franchise partner is that this is absolutely the right way to tackle this sector right now ... IWG have been great, We’re at the early stage but in terms of the support that’s there, it’s been first class."
James Wright, IWG Regus Franchisee
UNITED KINGDOM
Find out why IWG franchise is the right partner for James:
"I’ve enjoyed turning a standard office into an amazing coworking space as an IWG franchise partner. That’s one of the things I like about Regus – they are top-end, quality coworking spaces. Also, you get to meet some great businesses and amazing people along the way. “
Tom Abuaita, Regus Franchisee and Property Developer/Investor
UNITED KINGDOM
Find out what attracted Tom to the IWG franchise opportunity:
Inaciu, IWG’s franchisee in Spain, has relied on the IWG franchise model to develop several flexible rental and coworking spaces in Asturias in order to achieve high quality standards.
Inaciu Suárez Echevarría, Pintayu Inversiones S.L. SPAIN
Find out why Inaciu was drawn to the IWG franchise opportunity:
V-Sure Group, IWG’s franchisee in Thailand, intends to develop an entire seven-storey, newly renovated building with approximately 10,000 sq m dedicated to SPACES and HQ brands in the heart of Bangkok.
Tittapon Wanasukpunt, Tanawin Wanasukpunt & Napasaporn Ruenjit, V-Sure Group THAILAND
Discover how the V-Sure Group saw the benefits of taking on the IWG franchise opportunity:
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