Why Office Evolution?
Office Evolution is the number one and fastest-growing coworking franchise to bring coworking spaces to entrepreneurs and small businesses in your community. We’re devoted to the success of our coworking space franchise owners, so we’ve built an unparalleled franchise experience to help owners break into this multi-billion-dollar industry.
- We Have a Collaborative Culture. Rooted in the core principle of Ohana (a family or group working together), our franchisees and members share a common desire to help and support each other.
- We Have Industry-Leading Partnerships. We’re able to provide our franchise owners with a wealth of knowledge, experience, and advantages not found anywhere else, thanks to our partnership with Starpoint Brands.
- We Have the Best People. Our dedicated franchise team is committed to supporting, teaching, and coaching franchisees every step of the way.
- We’re Growing! We’ve consistently been recognized as a top franchise opportunity by leading publications like Entrepreneur and Inc. over the years, allowing us to double our network in size year over year.
Benefits of Franchising with Office Evolution
- Office Evolution is invested in our coworking franchise owners and, as such, offers a thorough development process to ensure the ownership process is as smooth and seamless as possible. We’ll provide you with all the tools and resources you need to open and operate your coworking franchise.
- Our industry-leading partnerships, like our alliance with Starpoint Brands, allow us to offer benefits like a streamlined process and proven business model, comprehensive training, ongoing support, and much more, all designed to get you start a coworking business and stay on the right track toward growth.
- We fill a unique niche in the coworking space with benefits that provide our loyal member base with the perks they desire while translating into distinct advantages for our franchisees— advantages that include: recurring revenue, business-to-business (B2B) clients, low employee requirements, recession resistance, lifestyle hours, and a semi-absentee model, all with no long commute or perishable costs.
- Coworking is a booming industry with demand likely to remain constant. Being driven by an increase in solopreneur and small business growth, as well as an increased appetite from enterprises, this segment of the industry has seen the greatest increase in recent years and is expected to see growth for years to come.
Office Evolution Investment Information
Here’s an idea of the potential costs you can expect to get your Office Evolution location off the ground (does not include GST):
Master License Fee
Total Investment
Franchising Options
Master License Partners
As a Master License Partner, we’ll work with you to adapt our brand and model to your country. Master licensees understand the local market, business dynamics, and tendencies of the local people. You’ll have the opportunity to earn profits in four ways: with your flagship location, by recruiting additional franchise investors in different territories, ongoing royalties from franchisees, and by offering products, services, and supplies to your franchisees.
Products and Services Offered by Office Evolution
Office Evolution franchise owners can offer their members a variety of workspace solutions that are close to home, affordable, safe, and inspired. With flexibility built into our model, our members can adjust their office space plan to grow as their business does with solutions that include:
Office spaces
(private office space, dedicated desk, and shared workspace)
Coworking space
Virtual office solutions
(live phone answering and business address)
Meeting rooms
(day offices, meeting spaces, conference rooms, and training rooms)
An Affordable Coworking Franchise Investment
Designed to Build Wealth
Target Audience
Our members are business-minded professionals who are either entrepreneurs or small business owners.
Location Selection
Our locations exist in suburban markets, which are associated with lower costs and more demand, and are bolstered by a local network to support our members’ success.
Local Ownership
Our franchise owners are woven into the fabric of the community while maintaining a similar profile to our target audience.
What to Consider Before Opening a Coworking Space Franchise
Recurring revenue
Subscription-based revenue model –
93%+ income is recurring.
Semi-Absentee/Single Employee
Hire one salaried employee.
Lifestyle Hour
Monday-Friday, 8 a.m.–5 p.m.
B2B
Members are like-minded professionals.
Close To Home
Work and live in the same town.
Stay local. No long commute.
Eliminate perishable costs
No need to worry about food,
expiring inventory, or cash.
Essential Service
Considered an essential service, staying open
and serving clients.
Virtually Touchless Entry
With locations on the first or second floor, you’ll avoid elevators and other high-touch areas.
Loyal Member Base
High retention/renewal rate and
customer lifetime value (CLV)
Join Our Coworking Franchise Opportunity
Office Evolution features a comprehensive coworking office franchise opportunity replete with valuable advantages to get your location up and running both quickly and efficiently. Our team of experts is there for you every step of the way to provide guidance and support you won’t find anywhere else.
As a part of Starpoint Brands, a family of trusted companies representing the very best in their industries, we’re able to provide award-winning resources for our franchisees. From building the reputation of quality, reliability, and value, Starpoint Brands has industry experience and knowledge to provide unprecedented leadership and solid business opportunities. Our partnership helps bring new franchise owners on board smoothly while setting them on a path to achieving long-term success.
Office Evolution Ideal Candidates
Ideal candidates for the Office Evolution franchise opportunity are landlords, property managers, building owners, new investors, and multi-unit investors. Your prosperity is our priority as you can count on us to help you grow your wealth by tapping into this lucrative market.
What Our Office Space Franchisees Have to Say About Us
Carmel, IN
Fishers, IN
Columbus, OH
Clayton, MO
Why You Should Consider
Our Coworking Franchise Opportunity
We have a collaborative culture
Our culture is rooted in the core principles of Ohana, which means a family or a group working together. Our franchisees and members alike share a common desire to help and support one another.
We have industry-leading partnerships
By joining Starpoint Brands, the franchise division of Starpoint Brands, we’re able to provide our franchise owners with nearly four decades of industry experience. As the Global Leader for Entrepreneurs, UFG and Starpoint Brands feature industry advantages franchise owners won’t find anywhere else; like streamlined processes, proven business models, comprehensive training, and ongoing support, all designed to get you started and set on the right track toward growth.
We have the best people
Our dedicated franchise support team is committed to supporting, teaching, and coaching you every step of the way.
We’re growing!
Office Evolution has been recognized on Entrepreneur magazine’s Top 500® franchises list four years running and awarded #1 in Entrepreneur’s coworking spaces category three years in a row. We’ve doubled our network in size year over year!
Coworking Franchise Spotlights
Get to know a few of our franchisees. Some are serial entrepreneurs who have founded and run other businesses. Many are former Fortune 500 executives.
There are a few couples who have opted to leave the corporate world and work together. Regardless of their background, they bring energy, insight, and integrity to the Office Evolution coworking space franchise team. And we never forget that they’re a key factor in our collective success.
Frequently Asked Questions About Our Coworking Franchise
Starting a coworking space franchise with Office Evolution is a great opportunity. We know there is a lot to consider when looking at investments, so we’ve compiled a list of frequently asked questions below.
Do you offer multi unit franchise opportunities?
Yes, Office Evolution prides itself on making multi-unit opportunities available within a given market. Feel free to check out our Brochure to learn more about the opportunity for investors with bigger aspirations.
What is a multi unit franchise opportunity?
A multi-unit franchisee is someone who has purchased the rights to own and operate a number of franchises of the same brand within a territory. For those who can afford to do so, there are advantages to scaling up. One location in a stronger market, for example, can offset mediocre returns from another. Multiple locations mean you may be in a stronger position to weather economic downturns. A single marketing program can benefit all your locations, employees can rotate between locations, and there are likely to be cost savings when you purchase equipment or supplies in bulk. A successful multi-unit franchisee is a professional with a solid income history who is comfortable developing a business and managing both people and finances. Unlike the single unit owner who spends a lot of time in one location, the multi-unit building owner hires managers for each location, visiting each while keeping an eye on the big picture. Of course, franchise organizations like owners to scale up since they’ve proven themselves successful and know the brand, and they’ve already made connections within their local markets.
How much does a coworking franchise owner make?
There are a lot of factors that go into answering this question, such as the location and number of members, whether the franchise is new or an acquisition, etc. But we know it’s a vital question for potential franchisees, and OE has worked hard to make both costs and profits as transparent as possible. Start by looking at Article 19 in your Franchise Disclosure Document (FDD). (Item 19 is a financial performance representation, and it must comply with the federal franchise rule and state rules. However, it is optional, and you might notice that some other franchisors choose to leave this section blank.)
Item 19 is where you’ll find actual numbers (like revenue-to-rent ratio, set-up fees, royalties, etc.) provided by all franchise locations. Spend some quality time with Item 19 because it’s going to give you a good idea of what you can expect to make, both in the first 12 months of your franchise and then down the road as your franchise ramps up. For those interested in owning an Office Evolution location, we’ll walk you through Item 19 and explain how it is put together so you can project your earnings given the size, location, and membership of your operation.
Of course, we urge all new franchisees to sit down with existing franchisees to learn about their experiences, their challenges, and what works for them.
In what markets do you offer franchise opportunities?
We offer franchise opportunities all across the nation. An Office Evolution franchise is perfect for any suburban market where consultants, attorneys, accountants, architects, graphic designers, technology providers, professional services firms, and more live and work! Let us know where you would like to open a location. We’ll let you know if the territory is available and whether we think it’s a good fit.
Why should I consider a coworking franchise?
Coworking is a booming category. According to a JLL report, coworking/flexible workspace currently represents 1.6% of all commercial real estate. The category is expected to grow to 30% by 2030! This growth is being driven by an increase in the solopreneur and small business growth, as well as an increased appetite from enterprises to put part of their property portfolio in flexible coworking space. Office Evolution Franchise Specialists are equipped and trained to provide you with insights into the coworking category and why Office Evolution is a great choice for a coworking franchise.
What differentiates Office Evolution? How is the business model different from competitors?
The Office Evolution business model is perfect for any franchise owner who wants recurring revenue, the ability to work and live in the same area, a life outside of the office (you’ll work Monday to Friday 8 a.m. – 5 p.m.), and to be around like-minded, professional business people. The OE business model is set up specifically for franchise business owners who don’t want to work with hourly employees, food, cash, or expiring inventory! If the OE business model sounds like it’s right for you, let’s connect and discuss further.
Want to see how Office Evolution can help you start your own coworking space franchise? Reach out today to learn more about our franchise opportunity!
