2003
80
$150,000
$49,500
$1,200,000
No
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.
Established: 2003
First Unit Franchised: 2012
Franchised Units: 80
Company Owned Units: 0
States Registered In: Entire U.S.
Canada Franchises: Yes
International Franchises: Yes
Cash Investment: $150,000 - $300,000
Total Investment: $390,000 - $1,200,000
Franchise Fee: $49,500
Royalty: 7.50%
Ad: 3%
Item 19: Yes
Average Number of Employees: 1
Visa Candidates: Yes
Passive Ownership: Yes
Home-Based: No
B2B: Yes
Master Franchise Opportunities: Yes
Veteran Discount:Yes - 10% off Standard Franchise Fee for NEW 1st location
Financial Assistance Provided: Yes
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: No
Cooperative Advertising: Yes
Training:
1 Week at our World Headquarters and 2 weeks training/set up at the new franchisee’s location.
Oversee the business. Potentially give tours of your location and sign up new members. Manage the manager.
IDEAL CANDIDATE
Someone ready to leave the corporate world and jump into business ownership. Someone who is driven and willing to follow a proven model. Even someone who has owned many businesses and wants an additional semi-passive business. No prior experience in the industry needed.
IDEAL PROFESSION
Multi-unit franchise owners, hotel industry, or fitness industry.
