A MAJOR NEW INVESTMENT OPPORTUNITY TO FRANCHISE WITH IWG, THE GLOBAL WORKSPACE AND CO-WORKING MARKET LEADER
3 in 10 office buildings in every town around the world could offer a new franchise opportunity in the coming years through flexible workspace and co-working.
Imagine being given the chance to work with hugely successful established franchise industries such as restaurants or gyms at the beginning of their growth explosions.
This is an opportunity to diversify away from traditional franchise markets, and benefit from strong cash returns and attractive returns on investment.
Now is your chance to start a new franchise with IWG, the global operator of leading workspace providers, with brands to match every requirements and style, like IWG and Spaces.
IWG has been running successful workspaces for 30 years, ever since it founded the industry in 1989, and is present today in almost 3,300 locations, 120 countries and 1,100 towns and cities, with over 2,5 million customers. The flex-office market has reached a tipping point and we are seeking franchise partners to help drive the pace of our growth across the World.
Is this investment opportunity right for you? Do you…
- Want the opportunity to deliver great returns on your franchise investment.
- Understand how to operate and grow branded operations
- Have the financial and organizational capability to open at least 3 Plus IWG locations over a 3 year period
- Have the drive to move quickly and decisively to secure deals with customers
- Have experience in a fast-paced sales and customer service-oriented business
- Have the capacity and ambition to want to make the most from the growing serviced office sector
Initial fee: R255 000 per centre
Set-up cost: From R7 500 per m2 – Centres range from 700m2 and can exceed 1500m2
Deposit: Initial fees paid on signing of Franchise Agreement
Training: Full training provided
Working Capital: Dependent on the number of centres (approximately R500 000 per centre)
Total Investment: Approximately R8 million per centre
What do you get for the investment?
Full turnkey flexible workspace centre with South Africa’s largest provider and market leader. An established brand with a strong customer base and 25 years of operational experience and know-how. Full access to the back office support 24/7 ongoing operational support and training.
Royalty fee: Back Office Fee 8%
Marketing fee: Marketing and Brand Fee 6%
- Eastern Cape
- Western Cape
- Kwa-Zulu Natal
- Northern Cape
- Free State
- North West
- Other (in Africa)
Initial training and support:
Pre-opening theory and practical training in an operating IWG Centre for the franchisee and management
Ongoing training and support:
24/7 access to IWG Team and Support Network. Regular Operational visits, training and performance reviews.
Skills: Can move quickly and decisively to secure deals.
Experience: In operating and growing a branded operation and preferably with experience in fast-paced sales and customer service orientated business.
Personality Traits: Must be hungry and ambitious and want to make the most from the growing serviced office sector.
Role of franchisee: Actively involved owning 2 or more Centres in an area/cluster
The ideal franchisee: Has the financial and organisational capability to open 2 or more IWG locations over
IWG is the world’s largest provider of flexible workspace solutions, with 2.5m customers including some of the most successful entrepreneurs, individuals and multi-million dollar corporations. Through our range of office formats, as well as our growing mobile, virtual office and workplace recovery businesses, we enable people and businesses to work where they want, when they want, how they want and at a range of price points.
Established in 1989, IWG ’ position at the forefront of the serviced office sector is unchallenged, with over 3000 locations throughout over 1000 cities worldwide. Our industry leadership is set to grow, driven by market demand and the liberating impact of technology. We are now providing the opportunity to franchise the IWG brand in South Africa and are actively seeking partners with the right skills, drive and finance to join the business and develop our locations across South Africa.
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