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Below is an in-depth analysis and side-by-side comparison of OfficeZilla 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 | $21,300 - $30,250 | $1,714,100 - $3,251,500 |
Franchise Fee | $5,000 - $15,000 | $50,000 |
Royalty Fee | 8% | - |
Advertising Fee | - | - |
Year Founded | 2012 | 1989 |
Year Franchised | 2014 | 1989 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
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 | -/Yes | -/- |
Start-up Costs | -/Yes | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | Yes/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | On-The-Job Training: As needed Classroom Training: 10-20 hours Additional Training: Online, webinar & phone training | - |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Online Support Field Operations Proprietary Software Franchisee Intranet Platform | 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 Email marketing | - |
Operations | Absentee Ownership Allowed Number of Employees Required to Run: 1 | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |
OfficeZilla was founded in 2012 with the belief that the office products industry was ready for a fun, flexible, and customer-obsessed way of doing business. Combining proprietary web-based tools with a dedicated support team and a commitment to exceptional service, OfficeZilla provides an outstanding shopping experience for customers.
The company began franchising in 2014 and now has over 27 franchisees in
the continental United States. The executive team boasts more than 50
years of experience building and growing some of the world’s
fastest-growing franchise concepts, category leaders and some of the
world’s most well-known brands. OfficeZilla was awarded the
2016 Pacesetter Award by the Atlanta Business Chronicle as one of the
fastest-growing privately-owned companies in the state.