Office Evolution

Thinking of investing in a Office Evolution franchise? We think it’s a great opportunity for anyone looking to open a business with an experienced franchisor behind them. Founded in 2003, Office Evolution specializes in Virtual office services, coworking spaces, executive-suite and conference-room rentals. As a franchise, Office Evolution has grown to include over 72 (as of 2020) units since they began franchising in 2012 (9 years). It costs an estimated $373,950 – $1,557,000 to open a Office Evolution franchise.

About Office Evolution

Office Evolution is a virtual office and executive office space franchise with locations across the United States. In business since 2003, Office Evolution is the full-service virtual office solutions authority, providing clients with a professional image, friendly service and convenience by offering executive office space and virtual solutions at a practical price. Committed to helping business owners thrive by taking the work out of running an office, Office Evolution delivers quality service and amenities, and provides opportunities to connect and share knowledge with like-minded professionals. Conference and training rooms, business support services, live answering and call management offer the right mix of services to help business owners succeed.

Office Evolution Coworking Franchise

-Serve close to home small business owners and remote workers
-Enjoy 93% recurring revenue
-Great “Ohana” corporate culture.

Dreamers, Risk-Takers, and Doers Inspired Here

Created the ideal concept that has never been more relevant. Built a team with unparalleled industry and franchise experience. Devoted to the success of their franchisees talent?
Committed to an Ohana (Hawaiian for family) corporate culture.

Office Evolution Coworking Franchise in a nutshell.

-Celebrate and support our member base and their businesses: Their success is our success
-Close to home, servicing small business and remote workers
-High density focus on private offices
-24/7 national access for members
-Centralized support, enabling a single employee model
-Industry leading brand and lead generation
-Modern, highly functional coworking space
-Flexible terms and outstanding amenities for members
-93% recurring revenue
-A win-win “Ohana” culture that inspires achievement

Investment

While trends have steadily increased demand for flexible workspace, our suburban focus and smaller floorplate keeps costs down. Which means an Office Evolution franchise investment can more easily result in high returns. Particularly if multi-unit ownership is in your future.

Office Evolution franchise costs and fees:
Minimum Investable Liquid Capital: $500,000
Minimum Net Worth: $1,000,000
franchiseFee
Franchise Fee:
1st unit: $49,500
2nd unit: $35,000
3rd unit: $25,000

Ohana culture. Ohana support – Our core value of win-win means your prosperity is our priority.

Our philosophy of Ohana, which means family in Hawaiian, is reflected in our business practices and interactions in a variety of ways. Staff members share a common commitment to helping one another, acting with authenticity, and adhering to a win-win philosophy.

In our franchise training, Ohana ensures you receive ample and ongoing support from experienced pros who eat, breath, and sleep shared office space. Who ensure you are fully prepared to make the most of your Office Evolution investment with a full cross-functional corporate support team enabling a single-employee model:

-Real estate, construction, and design
-Sales and marketing
-Billing
-Technology
-Help desk support
-Business consulting advisory services
-Ongoing training, support, and opportunities to connect with your Ohana

Company Founded

2003

Current Leadership

Mark Hemmeter, FoFranchises Under & CEO

Started Franchising

2012 (9 years)

Total Number of Units

72 (as of 2020)

Part-Time / Full-Time

Full Time

How Much Does It Cost To Open A Office Evolution Franchise?

There are several costs associated with opening a Office Evolution franchise. There is typically a franchise fee set by the franchisor, which covers the costs of opening a franchise location. Some other commons fees include equipment fees, marketing fees, licensing fees, insurance, and taxes, to name a few.

Some franchises may have a weekly fee that the franchisee pays for operating a Office Evolution franchise. The weekly fee for opening a Office Evolution franchise is Royalty Due On The 15Th Day Of Each Month, Begins Upon Conversion Franchise Agreement Signing.

The full breakdown of these fees can be found in the Financial Disclosure Document (FDD) provided to franchisees by the franchisor. The FDD report will contain additional information such as whether the franchise is renewable (Office Evolution Is Renewable) and does the franchise offer financing support (Office Evolution Office Evolution has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll).

Office Evolution Company Details

Here are some additional details about Office Evolution.

Initial Investment	$45,000
Net Worth Requirement	$750,000
Royalty Fee	7.50%
Ad Royalty	3%
Cash Requirement	$300,000
Term of Agreement	10 years
Absentee Ownership	No
Run from Home	No
Part Time	No

Training and Support Offered By Office Evolution

Office Evolution offers several support options to its franchisees. With 72 (as of 2020) units, Office Evolution aims to provide support to each franchise owner to help them operate a successful franchise location. Office Evolution offers 8 hours on the job training, 32 hours classroom training, and No additional training.

Training and Support Offered

Here are the support options offered by Office Evolution.

On-The-Job Training	8 hours
Classroom Training	32 hours
Additional Training	No
Ongoing Support	Purchasing Co-ops Newsletter Meetings & Conventions Toll-Free Line Grand Opening Online Support Security & Safety Procedures Lease Negotiation Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing Support	Co-op Advertising Ad Templates National Media Regional Advertising Marketing Planning & Support Social Media SEO Website Development Email Marketing Loyalty Program/App
Estimated Revenue	$50M to $100M

Is Office Evolution Right For You?

Office Evolution has gone digital! Here are all of the ways you can find Office Evolution online. Oftentimes, you can reach out to current franchisees of Office Evolution online. Current franchisees may be able to offer personalized insights into what it is like owning a Office Evolution franchise and offer tips to running a successful Office Evolution franchise location.

Social

Why Should You Start a Office Evolution Franchise?

Investing in a Business Services franchise such as Office Evolution can kickstart your franchise portfolio. Our goal at Why Franchise is to provide you with the resources needed to be a successful franchise owner. Fill out the form below to get more information about Office Evolution franchise and we'll be in touch soon!

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