Office Evolution provides fully equipped, flexible office spaces and virtual office services. Their solutions cater to entrepreneurs, small businesses, and remote workers looking for professional environments.
KEY FRANCHISE STATS
Franchisees
?
78
+
22%
22%
Franchise fee
?
$49,500
Investment
?
$188,000 - $2,464,000
Revenue (AUV)
?
Undisclosed
$520,000
+
n.a.
n.a.
$xxx,xxx
Office Evolution is a prominent coworking franchise that was launched in 2003 by Mark Hemmeter in Louisville, Colorado. Specializing in flexible workspace solutions, it provides private offices, coworking spaces, conference rooms, and virtual office services. The brand began franchising in 2012.
Unlike many competitors, Office Evolution focuses on suburban markets, delivering convenient, cost-effective office solutions for entrepreneurs, small business owners, and remote workers. Each location offers well-equipped private offices, shared workspaces, and fully serviced meeting rooms, creating a professional environment with lower overhead costs.
The franchise is built on its distinctive “Ohana” culture, which fosters a strong sense of community and connection. Franchise owners benefit from extensive support and a business model designed for scalability and success. With modern, productivity-driven spaces and a commitment to local business growth, Office Evolution remains the largest locally owned coworking network and continues to expand its national footprint.
Initial investment
The initial investment required for a Office Evolution franchise is $188,000 - $2,464,000. That is the total cost you would need to finance if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
Type of Expenditure
Amount
Initial Franchise Fee
$49,500 – $49,500
DSS Fee
$9,750 – $19,500
Leasehold Improvements
$0 – $600,000
Furniture, Fixtures, and Equipment
$30,000 – $750,000
Site Lease Deposit
$0 – $600,000
Pre-Opening Staff, Salaries, Travel, Training
$5,000 – $30,000
Initial Marketing Launch
$45,000 – $90,000
Office and Kitchen Supplies
$1,000 – $5,000
Legal and Professional Fees
$15,000 – $60,000
Insurance
$2,000 – $20,000
Architectural Services
$0 – $85,000
Transportation and Meals During Training
$500 – $5,000
Additional Funds (0-6 months)
$30,000 – $150,000
Total Estimated Initial Investment
$187,750 – $2,464,000
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Type of Expenditure
Amount
Initial Franchise Fee
$49,500 – $49,500
DSS Fee
$9,750 – $19,500
Leasehold Improvements
$0 – $600,000
Furniture, Fixtures, and Equipment
$30,000 – $750,000
Site Lease Deposit
$0 – $600,000
Pre-Opening Staff, Salaries, Travel, Training
$5,000 – $30,000
Initial Marketing Launch
$45,000 – $90,000
Office and Kitchen Supplies
$1,000 – $5,000
Legal and Professional Fees
$15,000 – $60,000
Insurance
$2,000 – $20,000
Architectural Services
$0 – $85,000
Transportation and Meals During Training
$500 – $5,000
Additional Funds (0-6 months)
$30,000 – $150,000
Total Estimated Initial Investment
$187,750 – $2,464,000
Franchise Disclosure Document
Below is Office Evolution's 2024 Franchise Disclosure Document. Upgrade to Pro or purchase the FDD to view and download the document.
Number of units
Office Evolution had 79 total units in 2024, of which 78 were franchised-owned and 1 company-owned.
Office Evolution offers a comprehensive training program designed to prepare franchisees and their teams for successful business operation. The franchisor provides multiple structured training modules, each with specific purposes.
Initial Training Program: Franchisees and Business Center Managers must complete this program before opening their Office Evolution Business. The training consists of remote instruction, corporate training (conducted either virtually or at a designated location), and on-site training at the business center prior to or around the soft opening.
Ongoing Remote Training: Office Evolution offers additional remote training sessions as needed, which may include webinars and learning management modules. These are designed to reinforce knowledge and cover updates or changes in operational procedures.
Annual Conferences and Optional Training: Franchisees may be required to attend annual conferences or system-wide refresher courses. While some sessions are optional, others are mandatory, and franchisees are responsible for travel and associated expenses.
Additional and Remedial Training: When necessary, the franchisor can require further training for franchisees or their staff, particularly if there are operational deficiencies. Fees apply for this extra training, which may be delivered on-site or remotely.
Territory Protection
Office Evolution grants its franchisees a temporary "Protected Search Area" where they have exclusive rights to search for a business location. This area is valid only until the franchisee secures and gains approval for their business center location. Once the lease is signed or the location is otherwise secured, the Protected Search Area is terminated, and the franchisee does not receive an exclusive territory.
The franchisor retains significant rights even within the Protected Search Area. Office Evolution can sell its products and services through various channels, including digital means, within any area.
Additionally, franchisees may face competition from other franchisees, company-owned locations, or other brands controlled by the franchisor, meaning no lasting geographic exclusivity is guaranteed.
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