Thriveworks vs Regus Franchise Comparison

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

Start-Up Costs and Fees
 
Thriveworks Franchise
Regus Franchise
Investment $16,700 - $79,282$1,714,100 - $3,251,500
Franchise Fee $10,000 - $20,000$50,000
Royalty Fee 3%-
Advertising Fee 1%-
Year Founded 20081989
Year Franchised 20131989
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


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

Training & Support
 
Thriveworks Franchise
Regus Franchise
Training On-The-Job Training: 1-2 days Classroom Training: 3 days Additional Training: At company-owned center -
Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field OperationsRegus 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 --
Operations --

Expansion Plans
 
Thriveworks Franchise
Regus Franchise
US Expansion YesYes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Thriveworks

A Thriveworks franchise is a unique turn-key counseling business opportunity unlike anything else in the field. Thriveworks is the country’s fastest growing brand of counseling centers and offers well-qualified franchisees a therapy practice with:

A Thriveworks practice could be the right investment for your career and future.  Are you ready?

The Initial Franchise Fee is $10,000 to convert an existing practice into a Thriveworks center (“Conversion Model”) or $20,000 for a new startup center (“Standard Model”) with exclusive rights to operate in a specific area as defined by the franchisor. Additional franchises will be available for a reduced fee of $5,000 per Franchise.
The total investment necessary to begin operation of a Thriveworks Franchise ranges from $16,700 to $31,800 for a Conversion Model and from $36,100 to $79,282 for a Standard Model which will depend on a number of factors that are fully discussed in Item 7. This includes the Initial Franchise Fee of $10,000 for a Conversion Model or $20,000 for a Standard Model (as discussed in Item 5) that must be paid to Thriveworks Franchising LLC or an affiliate.






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.