Fitness Machine Technicians vs Regus Franchise Comparison

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

Start-Up Costs and Fees
 
Fitness Machine Technicians Franchise
Regus Franchise
Investment $71,450 - $118,490$1,714,100 - $3,251,500
Franchise Fee $40,000 - $45,000$50,000
Royalty Fee 6%-
Advertising Fee 1%-
Year Founded 20021989
Year Franchised 20121989
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Fitness Machine Technicians Franchise
Regus Franchise
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
 
Fitness Machine Technicians Franchise
Regus Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees Yes/--/-
Start-up Costs -/Yes-/-
Equipment -/Yes-/-
Inventory -/Yes-/-
Receivables -/Yes-/-
Payroll -/Yes-/-

Training & Support
 
Fitness Machine Technicians Franchise
Regus Franchise
Training On-The-Job Training: 80 hours Classroom Training: 46 hours Additional Training: Field training -
Support Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software 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 Ad Templates Social media SEO Website development -
Operations Absentee Ownership Allowed Number of Employees Required to Run: 1 - 2 -

Expansion Plans
 
Fitness Machine Technicians Franchise
Regus Franchise
US Expansion YesYes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Fitness Machine Technicians

At Fitness Machine Technicians, we pride ourselves on offering aspiring business owners the opportunity to build their franchise quickly and efficiently so they can thrive in their new career path.
As a service based franchise, we don’t have many of the expenses that burden the brick and mortar franchise owners. The benefits are:
  • You can work from a home-based office or small leased space (500sf).
  • You can lease or buy your technicians’ field vehicles.
  • Inventory is on demand direct from suppliers as needed for repairs, so minimal storage space is needed.

#208 in Franchise 500 for 2021.  Not in Franchise 500 for 2020.

About Regus

Regus was founded in Brussels, Belgium, in 1989, and is the world’s largest provider of flexible workspace solutions. Its global network includes more than 3,300 business centers, spanning 1,100 cities across 120 countries.
Regus is the leading global flexible workspace provider and is seeking driven, committed franchise partners to capitalize on the significant demand for flexible, contemporary coworking spaces across the U.S. Regus created the coworking concept 30 years ago and has been the industry’s global leader with over 3,300 locations across the world. The proven and scalable operating model can provide franchisees with a highly attractive return on their investment. Franchisees will also benefit from a built-in network of 2.5 million customers, including some of the most successful entrepreneurs and multi-billion-dollar companies, that instantly become available to franchise owners.

"Top
#104 in Canada's Top franchises.