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Below is an in-depth analysis and side-by-side comparison of PRstore vs Regus including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $127,000 - $181,000 | $1,714,100 - $3,251,500 |
Franchise Fee | $29,500 - $89,500 | $50,000 |
Royalty Fee | 4.25% | - |
Advertising Fee | - | - |
Year Founded | 2001 | 1989 |
Year Franchised | 2002 | 1989 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | Regus is seeking qualified franchisees with the organizational and financial capabilities to open a minimum of five locations no smaller than 10,000 square feet over a two- to three-year period. Qualified franchisees should have at least three years of outside sales management experience and two years of community marketing experience with a sales team of at least five people. Franchisees must also be committed to uphold operational and image standards of the Regus brand, and have the drive to move quickly and decisively to secure deals with customers. | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations | Regus works closely with its franchisees to ensure they have a framework to find the right location and design; are able to grow their market footprint backed by world-class operational and marketing support; and have the quality customer service Regus is known for, as well as access to platforms including marketing, sales and IT as well as a global network six times larger than the nearest competitor. |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
75% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | Yes |
Our franchise fee is $89,500 for PRstore RETAIL and $29,500 for PRstore OFFICE.
RETAIL offers a retail store in an exclusive territory.
OFFICE offers an office setting in a non-exclusive territory.