Regus vs Smash My Trash Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Regus vs Smash My Trash including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$1,714,100 - $3,251,500 | $310,750 - $2,812,500 |
Franchise Fee |
$50,000 | $49,500 |
Royalty Fee |
- | - |
Advertising Fee |
- | - |
Year Founded |
1989 | 2018 |
Year Franchised |
1989 | 2018 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
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 |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
- | - |
Support |
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 |
- | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
- | - |
International Expansion |
Yes | - |
Company Overviews
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.
#104 in Canada's Top franchises.
About Smash My Trash
Smash My Trash is revolutionizing the commercial waste industry. Smash My Trash franchise owners use proprietary technology to reduce waste volume by as much as 70%, saving business owners money, time, and aggravation.
Smash My Trash is serious about environmental stewardship. Our service significantly reduces vehicle CO2 emissions by decreasing the volume of hauling trucks on the road, and we reduce landfill space required by increasing the density of every haul.
The More We Smash, The More You Save
The total investment necessary to begin operation of a Smash My Trash
franchise for one territory (population of 200,000) is $310,750 to
$367,500. This includes approximately $202,800 that must be paid to the
franchisor or affiliates.
The total investment necessary to begin
operation of two to ten territories (up to population of 2,000,000) is
$350,750 to $2,812,500. This includes approximately $242,800 to
$1,867,500 that must be paid to the franchisor or its affiliates.