IWG International Workplace Group - Franchise
IWG is the leading global flexible workspace provider with brands like Regus and Spaces and is seeking driven, committed franchise partners to capitalize on the significant demand for flexible, contemporary co-working spaces across the U.S. IWG created the co-working 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.
Requirements
Financial requirements for this franchise:
| Liquid Capital: | $200,000 What does Liquid Capital mean? |
|---|---|
| Net Worth: | $1,000,000 What does Net Worth mean? |
| Franchise Fee: | $50,000 What does Franchise Fee mean? |
| Total Investment: | $1,714,100 - $3,251,500 What does Total Investment mean? |
| Royalty Fee: | 6% of monthly Gross Revenue and 6% of Infrastructure Support |
Options
Options available to franchisees:
| Training: | Available |
|---|---|
| Veteran Discount: | YES |
Franchisor Details
Facts about this franchise:
| Total Units: | 854 |
|---|---|
| Year Founded: | 1989 |
| Franchising Since: | 2018 |
What Does an IWG International Workplace Group Franchise Cost?
To buy a franchise with IWG International Workplace Group, you'll need to have at least liquid capital of $200,000 and a minimum net worth of $1,000,000. Franchisees can expect to make a total investment of $1,714,100 - $3,251,500. IWG International Workplace Group charges a franchise fee of $50,000. They also offer a discount for veterans. *
About Us
IWG is the leading global flexible workspace provider with brands like Regus and Spaces and is seeking driven, committed franchise partners to capitalize on the significant demand for flexible, contemporary coworking spaces across the U.S.
IWG created the co-working 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.
Training
IWG works closely with its franchisees to ensure they have a framework to find the right location and design; are able grow their market footprint backed by world-class operational and marketing support; and have the quality customer service IWG 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.
Qualifications
IWG 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 IWG brand, and have the drive to move quickly and decisively to secure deals with customers.
Our History
Regus was founded in Brussels, Belgium, in 1989. New brands have been later added to the business through acquisition and organic growth, culminating in the creation of parent company, IWG, in 2016. IWG 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.
This advertisement is not an offer to sell or solicitation of an offer to buy a franchise. Franchise offers are made only by delivery of a Franchise Disclosure Document and in compliance with applicable state laws. This advertisement is not directed to residents of any specific state.
Availability
IWG International Workplace Group is currently accepting inquiries from the following states:
Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District Of Columbia, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming
Interested parties should have at least $200,000 in liquid capital to invest.
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