MultiVista vs Regus Office Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of MultiVista vs Regus Office including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$141,500 - $548,500 | $1,705,000 - $8,570,500 |
Franchise Fee |
$20,000 - $157,500 | $50,000 |
Royalty Fee |
18% | - |
Advertising Fee |
2% | - |
Year Founded |
2003 | 2018 |
Year Franchised |
2007 | 2018 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
Yes/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
On-The-Job Training: 26 hours
Classroom Training: 352 hours
Additional Training: Online self-study with corporate trainer assistance
| - |
Support |
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Proprietary Software
| - |
Marketing |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social media
SEO
Email marketing
| - |
Operations |
Absentee Ownership Allowed
Number of Employees Required to Run: 3 - 5
| - |
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
- | - |
International Expansion |
- | - |
Company Overviews
About MultiVista
Build Something With Multivista
Multivista Systems LLC is seeking solution sales-oriented entrepreneurs, interested not only in opening a location, but in building a business. We provide all of the tools and training needed to deliver our industry leading, state-of-the-art Construction Documentation Services into new markets, and opportunities are available both in the U.S. and internationally.
Why Multivista
We are state-of-the-art. Connecting solutions to clients, no one does construction documentation the way we do. We have the most in depth, highly developed visual documentation in the industry.
Founded in Vancouver, British Columbia in 2003, and introduced into the United States in 2006, Multivista has grown to 43 offices worldwide and has contracted almost one billion square feet of construction projects (as of October 2013). Our documentation portfolio represents projects from virtually every vertical market in the construction industry.
Multivista provides an elegant, simple solution to a complex problem. We combine service and software to tell the complete project story: a unique mixture of construction, business and technology professionals working together to provide this solution.
Leveraging proprietary methodologies and software solutions to deliver photo, video and webcam services, Multivista stands out as a sophisticated, well developed and supported business opportunity.
What is Multivista
Multivista is a visual documentation technology company that provides photo, video and webcam services to the construction industry. Inspection-grade, digital photography is indexed to architectural plans by time and location, preserving a perfect record of every aspect of the project lifecycle. Capturing live and dynamic project activity, Multivista's construction webcam and video services complete the total documentation package. All photo, video and webcam data is integrated into one robust, online platform customizable to fit the daily workflow and needs of every project stakeholder.
#494 in Franchise 500 for 2020.
About Regus Office
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.