Thriveworks vs Regus Office Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Thriveworks vs Regus Office including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$16,700 - $79,282 | $1,705,000 - $8,570,500 |
Franchise Fee |
$10,000 - $20,000 | $50,000 |
Royalty Fee |
3% | - |
Advertising Fee |
1% | - |
Year Founded |
2008 | 2018 |
Year Franchised |
2013 | 2018 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
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 Operations | - |
Marketing |
- | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
- | - |
International Expansion |
- | - |
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 Proven Business Model
- A Unique Philosophy of Premium Care
- Ongoing Training & Mentorship
- Operations Support Including Scheduling, Billing, & Web Services
- A Thriving Community of Like-minded Franchisees
- Strong Brand Identity and Internet Presence
- A Protected Territory
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 Office
Regus Office provides flexible/virtual office space,
co-working facilities, meeting and training facilities and commercial
office alternatives.
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.