Venture X vs Regus Franchise Comparison

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

Start-Up Costs and Fees

 
Venture X Franchise
Regus Franchise
Investment $748,585 - $2,026,210 $1,714,100 - $3,251,500
Franchise Fee $79,500 $50,000
Royalty Fee 6% -
Advertising Fee 1% -
Year Founded 2012 1989
Year Franchised 2016 1989
Term Of Agreement 20 years -
Term Of Agreement 20 years -
Renewal Fee $1K -


Business Experience Requirements

 
Venture X 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

 
Venture X Franchise
Regus Franchise
  In-House/3rd Party In-House/3rd Party
Franchise Fees -/- -/-
Start-up Costs -/Yes -/-
Equipment -/Yes -/-
Inventory -/- -/-
Receivables -/- -/-
Payroll -/- -/-

Training & Support

 
Venture X Franchise
Regus Franchise
Training On-The-Job Training: 8 hours Classroom Training: 23 hours -
Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection 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 Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app -
Operations Absentee Ownership Allowed

Number of Employees Required to Run: 2

-

Expansion Plans

 
Venture X Franchise
Regus Franchise
US Expansion Yes Yes
Canada Expansion No -
International Expansion Yes Yes

Start-Up Costs and Fees Mobile

Investment
Venture X Franchise
$748,585 - $2,026,210
Regus Franchise
$1,714,100 - $3,251,500
Franchise Fee
Venture X Franchise
$79,500
Regus Franchise
$50,000
Royalty Fee
Venture X Franchise
6%
Regus Franchise
-
Advertising Fee
Venture X Franchise
1%
Regus Franchise
-
Year Founded
Venture X Franchise
2012
Regus Franchise
1989
Year Franchised
Venture X Franchise
2016
Regus Franchise
1989
Term Of Agreement
Venture X Franchise
20 years
Regus Franchise
-
Renewal Fee
Venture X Franchise
$1K
Regus Franchise
-


Business Experience Requirements

Experience
Venture X Franchise
-
Regus Franchise
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

  In-House/3rd Party
Franchise Fees
Venture X Franchise
-/-
Regus Franchise
-/-
Start-up Costs
Venture X Franchise
-/Yes
Regus Franchise
-/-
Equipment
Venture X Franchise
-/Yes
Regus Franchise
-/-
Inventory
Venture X Franchise
-/-
Regus Franchise
-/-
Receivables
Venture X Franchise
-/-
Regus Franchise
-/-
Payroll
Venture X Franchise
-/-
Regus Franchise
-/-

Training & Support

Training
Venture X Franchise
On-The-Job Training: 8 hours Classroom Training: 23 hours
Regus Franchise
-
Support
Venture X Franchise
Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Regus Franchise
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
Venture X Franchise
Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Regus Franchise
-
Operations
Venture X Franchise
Absentee Ownership Allowed

Number of Employees Required to Run: 2

Regus Franchise
-

Expansion Plans

US Expansion
Venture X Franchise
Yes
Regus Franchise
Yes
Canada Expansion
Venture X Franchise
No
Regus Franchise
-
International Expansion
Venture X Franchise
Yes
Regus Franchise
Yes

Company Overviews

About Venture X

The days of working in a cramped cubicle are over for many people in today’s mobile work world. That has led to a rise of coworking spaces that allow for environments that are collaborative, inspiring, and stimulating.
By 2020, The Bureau of Labor Statistics estimates 65 million Americans will be freelancers, temps, independent contractors, or entrepreneurs, making up a full 40% of the workforce. Venture X provides an attractive opportunity for those workers who want to benefit from a rich work community.
Like other “sharing” industries, Venture X franchisees simply provide the modern workspace and members buy private memberships, giving them access to open areas or private offices, whichever they prefer.
Many business models today are built on this collaborative model including transportation and vacation destination sharing. Venture X is at the forefront of this growing trend. Venture X’s unique combination of open space mixed with higher revenue private offices allows for higher income opportunities. Additional revenue can be generated from event hosting to further increase the bottom line of each location.

Veteran Incentives  10% off franchise fee

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.