Office Evolution
$175,000
$49,500
79
2012
West Palm Beach,FL
Ray Titus
Overview
As the #1 and fastest-growing coworking franchise, Office Evolution has been perfecting it’s coworking concept since 2003. Office Evolution fills a unique niche in the coworking space by providing our members with locations in suburban markets, business-minded clientele, a smaller footprint, mindful space layout and design, and our welcoming culture. These benefits translate into many distinct advantages within our unmatched franchise opportunity, including recurring revenue, business-to-business (B2B) clients, low employee requirements, recession-resistance, and a semi-absentee model. Our goal is to provide our members with flexible coworking solutions that work for them while franchise owners are able to build their wealth.
Franchise Unit Trends and Revenue
79
2
$547,994
* in 2023
Franchise Fees
$49,500
7.5%
Gross Revenue
3.0%
Gross Revenues
Why Choose Office Evolution?
Office Evolution offers an ideal coworking office space franchise concept that embraces the changing business landscape. We’ve spent years developing a comprehensive business model to help franchise owners invest in their future and build wealth while meeting consumer demand for coworking space.
Our franchise opportunity has never been more relevant and is transforming the coworking industry. Office Evolution has become an industry leader that’s devoted to the success of our franchisees by providing unparalleled support and franchise development team expertise. Our partnership with franchising powerhouse United Franchise Group (UFG) further bolsters the incredible advantages we’re able to offer franchisees.
Office Evolution has also partnered with CoWorks to become the world's largest coworking franchisor. Together we've connected our coworking brands, services, and amenities within the industry, providing the largest privately owned affiliated franchise network of flexible, professional, and shared office space options on the planet.
Starting Costs and Investment Requirements
$390,000 - $1,200,000
$500,000
$175,000
Training and Support
You don't need an prior experience of running a business or coworking space. We'll teach you everything you need to know about running and operating your business successfully, but after you attend our layered training program the support doesn't stop there. Our support team and network of franchisees will be there to help you whenever you need it. We'll also host national conferences, our United Franchise Group Expo and training seminars.
History
Almost 20 years ago, a budding entrepreneur became inspired. CEO Mark Hemmeter identified an emerging segment of the commercial real estate market and said, “I can make this better.” He set out to build a lifestyle-focused and member-driven flexible workspace that was affordable, closer to home, and inspired—a place where members had the flexibility to work efficiently and enjoy family activities. Since then, our franchise development company has seen exponential growth, and thanks to the partnerships we’ve entered, we’re setting our sights on achieving even more. Office Evolution is proud to be a part of United Franchise Group (UFG), The Global Leader for Entrepreneurs. UFG maintains a reputation as a franchising powerhouse with nearly 40 years of experience, thus propelling our expansion forward to offer substantial business opportunities to entrepreneurs.
Ideal Candidate
Our business model can appeal to several buyers such as:
- Those looking for a semi-absentee investment
- Landlords who would like to monetize their space
- Those looking to convert their commercial space or coworking space into an established coworking brand
