Cinch I.T. vs Regus Office Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Cinch I.T. vs Regus Office including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Cinch I.T. Franchise
Regus Office Franchise
Investment $100,025 - $124,850$1,705,000 - $8,570,500
Franchise Fee $49,000$50,000
Royalty Fee --
Advertising Fee --
Year Founded 20042018
Year Franchised 20192018
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Cinch I.T. Franchise
Regus Office Franchise
Experience You do NOT need to be a technician or an experienced I.T. professional to run a successful Cinch I.T. top franchises location. As an owner, you will hire technicians to serve your customers. You will reach out to potential customers, learn about their businesses, and offer technology solutions that will make their businesses more efficient, secure, and profitable.-

Financing Options

 
Cinch I.T. Franchise
Regus Office Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Cinch I.T. Franchise
Regus Office Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Cinch I.T. Franchise
Regus Office Franchise
US Expansion YesYes
Canada Expansion --
International Expansion No-

Company Overviews

About Cinch I.T.

Cinch I.T. franchise owners target clients who employ 10-100 people on average - "the most under-served range. Cinch I.T. was formed to support this under-served market. We have created a trusted national brand capable of delivering fast and friendly I.T. support, enterprise-level security, and professional consultation to help businesses leverage their technology.

About Regus Office

"Regus

Regus Office provides flexible/virtual office space, co-working facilities, meeting and training facilities and commercial office alternatives.

The total investment necessary to begin operation of a single-unit Regus Office is from $650,300 to $1,714,100, excluding real estate leasing or acquisition costs. This includes $50,000 that must be paid to the franchisor.
If you sign a Multi-Site Development Agreement, you pay a Development Fee equal to the sum of the initial franchise fee for the first Regus Office to be developed, plus 50% of the initial franchise fee for each additional Regus Office you agree to develop.
The total investment necessary to enter into a Multi-Site Development Agreement with the development rights of 2 to 5 Regus Offices is from $1,300,600.00 to $8,570,500.00, excluding real estate leasing or acquisition costs. This includes between $75,000 for 2 locations and $150,000 for 5 locations that must be paid to the franchisor.