Regus, the world’s leading flexible workspace provider, has launched a new franchise scheme in Australia.
The new program allows Australian franchise operators to enter the booming workspace industry for the first time ever, expanding Regus’ global network.
Flexible workspace, sometimes known as coworking, has become a high–growth industry in recent years.
The term refers to office space, meeting rooms, and coworking areas that can be rented by individual workers or companies for a temporary period of time, from one hour to several years.
The industry is estimated to be growing by 24 per cent each year, and by 2020, 50 per cent of all workers will be remote most of the time.
Aussies are entering the era of the mobile workforce and by 2022, the global mobile workforce will be 1.87 billion people.
By 2030, property services are anticipated to generate the most value as part of the $AU122 billion estimated total for economic output contributed by the rise of flexible and remote working in Australia.
“Three in ten buildings on every high street around the world could offer a new franchise opportunity in the coming years,” said Damien Sheehan, country head of IWG Australia.
“The serviced office market is one of the most exciting growth markets in the world, and the next frontier for franchise operators. We are excited to partner with new franchise operators to bring the many benefits of flexible working to more people and businesses across Australia.”
As part of its new programme, Regus offers comprehensive infrastructure to support Australian franchisees throughout the lifecycle of their investment.
Regus has been running successful workspaces globally for thirty years, ever since it founded the industry in 1989. It has developed its business model through many economic cycles.
Its operating model is proven, demonstrably successful and can provide partners with a highly attractive return on their investment.
Part of IWG, the global operator of leading workspace providers with a network of over 3,300 centres in more than 1,000 cities and 110 countries. Regus now wants to accelerate its national growth with franchise partners around Australia.
“Imagine being given the chance to work with previously successful franchise industries such as restaurants or gyms at the beginning of their growth explosions,” said Sheehan.
“A similar or even larger opportunity awaits in the serviced office market. It’s an opportunity to diversify away from traditional franchise industries, and benefit from strong cash returns and significant returns on investment.”
As part of its new programme, Regus offers comprehensive infrastructure to support Australian franchisees throughout the lifecycle of their investment.
