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Office Evolution

Office Evolution provides flexible workplaces that combine the convenience and ease-of-use of Starbucks with the professionalism of traditional office space, all without a long-term commitment. Many people refer to our industry as Executive Suites, Virtual Offices, Co-Working, Serviced Offices or Shared Offices.

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Office Evolution

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Office Evolution Franchise Cost and Requirements for 2022

Background

Competitive Advantages of our Product/Service:

As compared to our industry:
  • 24/7 access to all locations for all clients. Any client can use any location
  • nationwide at any time.
  • Office Evolution has smaller locations which mean less capital and lower risk.
  • Efficient to operate with only one employee.
  • Our culture is friendly and flexible vs. corporate and restrictive - Think Southwest Airlines.
  • As a franchisor, Office Evolution centralized all of the technology, billing and phone answering so the locations can focus on sales and customer service.
As compared to other franchisors:
  • Semi-Absentee
  • Single Employee
  • Recurring Income
  • Great Quality of Life
  • No food, alcohol, cash, inventory, physical work, high risk employees, animals or kids
  • Growing industry and part of "The Sharing Economy"
  • Operating for more than 15 Years
  • Experienced many cycles including the "Great Recession"

Company Details

Established: 2003
First Unit Franchised: 2013
Franchised Units: 140
Company Owned Units: 10
States Registered In: ALL. Pending approval in: New York, Illinois, Washington, Virginia, and Michigan. Inquire about registration status. 
Canada Franchises: No
International Franchises: No

Support and Training Offered By Office Evolution

Financial Assistance Provided: FranFund, Guidant, BoeFly, SBA
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: Yes
Co-Operative Advertising: Yes
Training: Franchisor Support: initial training, on-going support, help lines, field support, annual meetings, advertising, central purchasing etc.

  • One week initial training for the Franchisee and Business Center Manager in Denver using both classroom and in-the-field opportunities
  • Ongoing support through OE Success Center, dedicated franchise coach, frequent conference calls and webinars, 24/7 access to online documentation and training videos

Other Info: Sales Process (3 - 6 weeks):

  • Step 1: Lead is received, Consultant is contacted immediately, and candidate is called for follow-up
  • Step 2: Get introduced to Office Evolution
  • Step 3: FDD overview and territory review
  • Step 4: RECON, Marketing and Operations review
  • Step 5: Validation calls with other Franchisees
  • Step 6: CEO call and finalize term sheet and asset verification
  • Step 7: Meet our team: Ohana Day (Discovery Day) virtually or in Denver, CO
  • Step 8: Closing within 10 days after Ohana Day


2022 Franchise Requirements Needed to Own a Office Evolution Franchise.

What does a Office Evolution Franchise Cost?

Office Evolution franchise fees for 2022:

Total Investment: Avg. $400K-$600K All in (FDD $394K-$1.3M)
Minimum Liquidity: $750,000
Minimum Net Worth: $2.00M
Franchise Fee: $49,500
Royalty: 7.5%
Ad: 3%
Item 19: Yes 

CONSULTANTS: PLEASE SUBMIT FINACIAL QUALIFICATIONS UPON REGISTRATION.
OE does not pre-register leads. In order to expedite the registration process, please submit candidate with contact information (Name, email, phone number and state of residence) and financial qualifications.

Number of Employees: 1
Visa Candidates: Yes
Passive Ownership: Yes
Home Based: No
B2B: Yes
Master Franchise Opportunities: No
Veteran Discount: No

Is Office Evolution a Semi Absentee Franchise with a Passive Ownership Opportunity?

Yes. Office Evolution is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.

Is Office Evolution a Home Based franchise?

No. Office Evolution is not a home based franchise opportunity.

What Do Office Evolution Franchise Owners Make?

Click here to find out how much Office Evolution franchisees make. Office Evolution offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is Office Evolution a Master Franchise Opportunity?

No. Office Evolution is not a master franchise opportunity.

Does Office Evolution Offer a Veteran Discount?

No. Office Evolution franchise does not offer a veteran discount.

Does Office Evolution Work with E2 Visa and EB-5 Visa Candidates?

No. Office Evolution franchise does not work with E2 Visa and EB-5 Visa candidates.

Is Office Evolution Looking for Franchisees in Canada?

No. Office Evolution franchise is not looking for Canada franchisees.

Is Office Evolution Looking for International franchisees?

No. Office Evolution franchise is not looking for International franchisees.

Additional Information

Additional Categories

Real Estate, Non Food Franchises

Number of Units Open

50-100 UNITS

Cash Required

More than $250,000

Master Franchise

No

Passive Franchise

Yes

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

Yes

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

E2 Visa Franchise

No

Office Evolution Franchises for Sale

Click Here to inquire about existing Office Evolution franchises for sale. We may have Office Evolution franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

Franchises Similar to Office Evolution

Global Garage Flooring & Design, Homes and Land, Arthur Rutenberg Homes, HouseFix, TruBlue Total House Care, Showhomes Home Services, HomeVestors of America/We Buy Ugly Houses, The BrickKicker, Caring Transitions, 1st Class Real Estate, Century 21, RE/MAX, Berkshire Hathaway HomeServices, Keller Williams, NextHome, HomeSmart

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.

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