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Updated RecentlyFitness Machine Technicians vs Regus Office Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Fitness Machine Technicians vs Regus Office including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $71,450 - $118,490 | $1,705,000 - $8,570,500 |
| Franchise Fee | $40,000 - $45,000 | $50,000 |
| Royalty Fee | 6% | - |
| Advertising Fee | 1% | - |
| Year Founded | 2002 | 2018 |
| Year Franchised | 2012 | 2018 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | Yes/- | -/- |
| Start-up Costs | -/Yes | -/- |
| Equipment | -/Yes | -/- |
| Inventory | -/Yes | -/- |
| Receivables | -/Yes | -/- |
| Payroll | -/Yes | -/- |
Training & Support |
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| 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 | - |
| Marketing | Ad Templates Social media SEO Website development | - |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 1 - 2 | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
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:
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 Office
!["Regus]("https://fddexchange.com/wp-content/uploads/2021/01/Regus-Office.png")
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.