Office Evolution

    Franchise research report · reviewed 2025 disclosure data

    Reviewed sources
    Franchising since
    2012
    Source: franchise.org
    Headquarters
    West Palm Beach, FL United States
    Source: franchise.org

    Office Evolution is a fast-growing shared workspace franchise generating subscription revenue through executive suites, coworking spaces, meeting rooms, and administrative services. With over 80 locations across North America, the brand's innovative model requires only 6,000 square feet of space and operates efficiently with a single employee through centralized administrative services and a robust IT platform.

    Headline figures

    Office Evolution quick facts

    Is Office Evolution a franchise?
    Yes. Office Evolution offers franchises through a Franchise Disclosure Document. At the end of 2024, it reported 84 franchised and 0 company-owned outlets (2025 FDD, Item 20, PDF p. 69).
    How much does it cost to open an Office Evolution franchise?
    The Office Evolution Franchise Disclosure Document reports an estimated initial investment of $193,000–$2,178,000 (2025 FDD, Item 7, PDF p. 27). This is the franchisor's disclosed estimate, not a quote. Details
    What is the Office Evolution initial franchise fee?
    The disclosed initial franchise fee for a standard single unit is $49,500 (2025 FDD, Item 5, PDF p. 19). Other fee options (for example multi-unit or conversion) are listed separately in the report. Details
    What ongoing fees does Office Evolution charge?
    The disclosed ongoing royalty is 7.5% (2025 FDD, Item 6, PDF p. 21). The brand or advertising fund contribution is 3% (2025 FDD, Item 6, PDF p. 21). Other recurring fees are listed in Item 6. Details
    Does Office Evolution disclose financial performance (Item 19)?
    Yes. The Office Evolution FDD includes an Item 19 financial performance representation (2025 FDD, Item 19, PDF p. 66). Figures apply only to the locations and period each one covers. Details
    How many Office Evolution locations are there?
    The FDD reports 84 outlets at the end of 2024 (2025 FDD, Item 20, PDF p. 69). Existing locations do not indicate territory availability. Details
    Is Office Evolution a good franchise to buy?
    Franopolis does not rate or recommend franchises. From the reviewed FDD: Item 19 includes financial performance figures; check which locations and period they cover; Item 20 lists outlet openings, closures and transfers; Item 6 includes a brand or advertising fund contribution on top of royalty; Item 20 also lists current and former franchisees you can contact. Review the full FDD with a franchise attorney and accountant before deciding.

    From reviewed FDD figures only. Not a recommendation or projection.

    What the disclosures show

    1. 1Opening costs are estimated at $193,000 – $2,178,000 in the 2025 FDD (Item 7); several initial fee options apply.
    2. 2Item 19 covers 78 separate groups: other measures and revenue for 1 locations; other measures and revenue for 1 locations; other measures and revenue for 1 locations; other measures and revenue for 1 locations; other measures and revenue for 1 locations; revenue and other measures for 1 locations; other measures and revenue for 1 locations; other measures and revenue for 1 locations; revenue and other measures for 1 locations; revenue and other measures for 1 locations; revenue and other measures for 1 locations; revenue and other measures for 1 locations; other measures and revenue for 75 locations; other measures and revenue for 1 locations; other measures and revenue for 1 locations; other measures and revenue for 1 locations; revenue and other measures for 1 locations; revenue for 32 locations; other measures and revenue for 1 locations; other measures and revenue for 1 locations; revenue and other measures for 1 locations; other measures and revenue for 1 locations; revenue and other measures for 1 locations; other measures and revenue for 1 locations; other measures and revenue for 1 locations; other measures and revenue for 1 locations; other measures and revenue for 1 locations; other measures and revenue for 1 locations; other measures and revenue for 1 locations; other measures and revenue for 1 locations; other measures and revenue for 1 locations; other measures and revenue for 1 locations; other measures and revenue for 1 locations; other measures and revenue for 1 locations; revenue and other measures for 1 locations; revenue and other measures for 1 locations; other measures and revenue for 1 locations; other measures and revenue for 1 locations; revenue and other measures for 1 locations; revenue and other measures for 1 locations; other measures and revenue for 1 locations; revenue and other measures for 1 locations; other measures and revenue for 1 locations; revenue and other measures for 1 locations; other measures and revenue for 1 locations; other measures and revenue for 1 locations; other measures and revenue for 1 locations; other measures and revenue for 1 locations; other measures and revenue for 1 locations; other measures and revenue for 1 locations; other measures and revenue for 1 locations; other measures and revenue for 1 locations; revenue and other measures for 1 locations; other measures and revenue for 1 locations; revenue and other measures for 1 locations; other measures and revenue for 1 locations; other measures and revenue for 1 locations; other measures and revenue for 1 locations; other measures and revenue for 1 locations; revenue and other measures for 1 locations; other measures and revenue for 1 locations; revenue and other measures for 1 locations; other measures and revenue for 1 locations; other measures and revenue for 1 locations; other measures and revenue for 1 locations; other measures and revenue for 1 locations; revenue and other measures for 1 locations; other measures and revenue for 1 locations; revenue and other measures for 1 locations; revenue and other measures for 1 locations; other measures and revenue for 1 locations; other measures and revenue for 1 locations; other measures and revenue for 1 locations; other measures and revenue for 1 locations; revenue and other measures for 1 locations; revenue and other measures for 1 locations; revenue and other measures for 1 locations; revenue for 43 locations. They are not combined.
    3. 3Outlets grew by 5 in 2024, to 84 (Systemwide, as labeled in the FDD, Item 20).

    From reviewed FDD figures only. Not a recommendation or projection.

    Office Evolution head-to-head

    Closest peers in the same subcategory, side by side from reviewed FDD figures. Not a ranking or recommendation.

    Costs · Items 5–7

    What does it cost to open?

    Estimated opening costs and the fees payable to the franchisor.

    Startup Investment — Item 7

    Total estimated initial investment

    2025 FDD · Item 7 · PDF p. 27

    Formats disclosed in Item 7 (2)

    Each format has its own total. The total depends on the format you choose; multi-unit packages are listed but not included in the headline range.

    • start-up Business rangePDF p. 27$193,000 – $2,178,000
    • Multi-unit developer — total range plus applicable taxMulti-unitPDF p. 29$233,000 – $2,218,000

    Standard single-unit franchise fee

    2025 FDD · Item 5 · PDF p. 19
    Discounted and multi-unit options are separate; see all fees.

    Ongoing Fees — Item 6

    Selected recurring charges; payment bases and conditions remain attached to each fee.

    Royalty — greater of revenue rate or minimumMain ongoing fee

    27 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.

    Financial Performance — Item 19

    What results are disclosed—and for which locations?

    78 separate populations, shown apart. Revenue is not owner income.

    1 locations

    Revenue and other measures · 1 locations

    Who is counted
    Single location: Somerville, NJ within full-year 75-location study
    Period
    Somerville, NJ, 2024
    Excluded
    Seven excluded for less than full calendar year. Disclosed populations differ from network-wide growth section (85 locations, 9 partial-year).
    Method
    Unaudited monthly Royalty Reports; no independent verification; values reproduced as disclosed.

    These groups are never combined.

    Outlet Changes — Item 20

    How has the outlet count changed?

    Systemwide, as labeled in the FDD · counts as of 2024-12-31 of each year.

    2025 FDD · Item 20 · PDF p. 69

    Net +5 outlets, 2022–2024

    07920227920238420240+5

    Year-end counts reported in Item 20. The scale starts at zero, so the line looks nearly flat; the labels between the dots show each year's change. Openings and closures for 2024 haven't been pulled from the Item 20 tables yet, so no turnover or churn is shown.

    Questions to investigate

    Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.

    For the franchisor

    • Which line items in the 2025 Item 7 estimate ($193,000 – $2,178,000) vary most by market, and why?

    • Which initial fee option would apply to my situation, and what conditions or discounts affect it?

    • Which locations are included in the Item 19 figures, and which were excluded?

    • Reported units went from 79 to 84 in 2024. How many new units opened, closed or changed hands?

    • Is a territory available in my area, and how is it defined in my agreement?

    For current and former owners

    • How did your actual startup costs and timeline compare with the Item 7 estimate?

    • How many hours a week do you work in the business, and in what role?

    • How do your results compare with the Item 19 figures, and what explains the difference?

    • What support from the franchisor has been most and least useful?

    For your advisors

    • Ask a franchise attorney to review the territory, renewal, transfer and termination terms.

    • Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.

    Sources & vintage history

    Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.

    Citations (2025 FDD)

    1. [1]Estimated initial investment — Item 7 · PDF p. 27
    2. [2]Standard initial franchise fee — Item 5 · PDF p. 19
    3. [3]Item 19 — Locations counted not stated in the reviewed record — Single location: Somerville, NJ within full-year 75-location study · PDF p. 66
    4. [4]Item 19 — Locations counted not stated in the reviewed record — Single location: Dublin, OH within full-year 75-location study · PDF p. 66
    5. [5]Item 19 — Locations counted not stated in the reviewed record — Single location: Hoffman Estates, IL within full-year 75-location study · PDF p. 66
    6. [6]Item 19 — Locations counted not stated in the reviewed record — Single location: Charleston, SC within full-year 75-location study · PDF p. 66
    7. [7]Item 19 — Locations counted not stated in the reviewed record — Single location: Nashville, TN within full-year 75-location study · PDF p. 66
    8. [8]Item 19 — Locations counted not stated in the reviewed record — Single location: Greensboro, NC within full-year 75-location study · PDF p. 66
    9. [9]Item 19 — Locations counted not stated in the reviewed record — Single location: Overland Park, KS within full-year 75-location study · PDF p. 66
    10. [10]Item 19 — Locations counted not stated in the reviewed record — Single location: Ontario, CA within full-year 75-location study · PDF p. 67
    11. [11]Item 19 — Locations counted not stated in the reviewed record — Single location: Peoria, AZ within full-year 75-location study · PDF p. 67
    12. [12]Item 19 — Locations counted not stated in the reviewed record — Single location: Herndon, VA within full-year 75-location study · PDF p. 67
    13. [13]Item 19 — Locations counted not stated in the reviewed record — Single location: High Point, NC within full-year 75-location study · PDF p. 67
    14. [14]Item 19 — Locations counted not stated in the reviewed record — Single location: Coral Springs, FL within full-year 75-location study · PDF p. 67
    15. [15]Item 19 — Locations counted not stated in the reviewed record — 75 US leased Office Evolution locations, full-year reporting study · PDF p. 67
    16. [16]Item 19 — Locations counted not stated in the reviewed record — Single location: Mill Valley, CA within full-year 75-location study · PDF p. 66
    17. [17]Item 19 — Locations counted not stated in the reviewed record — Single location: Downtown Denver, CO within full-year 75-location study · PDF p. 66
    18. [18]Item 19 — Locations counted not stated in the reviewed record — Single location: Louisville, CO within full-year 75-location study · PDF p. 66
    19. [19]Item 19 — Locations counted not stated in the reviewed record — Single location: Broomfield, CO within full-year 75-location study · PDF p. 66
    20. [20]Item 19 — Locations counted not stated in the reviewed record — Over 10,000 Square Feet locations in full-year reporting study · PDF p. 65
    21. [21]Item 19 — Locations counted not stated in the reviewed record — Single location: Boulder, CO within full-year 75-location study · PDF p. 66
    22. [22]Item 19 — Locations counted not stated in the reviewed record — Single location: Golden, CO within full-year 75-location study · PDF p. 66
    23. [23]Item 19 — Locations counted not stated in the reviewed record — Single location: Aurora, CO within full-year 75-location study · PDF p. 66
    24. [24]Item 19 — Locations counted not stated in the reviewed record — Single location: Chicago O’Hare, IL within full-year 75-location study · PDF p. 66
    25. [25]Item 19 — Locations counted not stated in the reviewed record — Single location: Greenwood Village, CO within full-year 75-location study · PDF p. 66
    26. [26]Item 19 — Locations counted not stated in the reviewed record — Single location: Easton Town Center, OH within full-year 75-location study · PDF p. 66
    27. [27]Item 19 — Locations counted not stated in the reviewed record — Single location: Phoenix, AZ within full-year 75-location study · PDF p. 66
    28. [28]Item 19 — Locations counted not stated in the reviewed record — Single location: Eagle, ID within full-year 75-location study · PDF p. 67
    29. [29]Item 19 — Locations counted not stated in the reviewed record — Single location: Lakewood, CO within full-year 75-location study · PDF p. 66
    30. [30]Item 19 — Locations counted not stated in the reviewed record — Single location: Summit, NJ within full-year 75-location study · PDF p. 66
    31. [31]Item 19 — Locations counted not stated in the reviewed record — Single location: Fort Collins, CO within full-year 75-location study · PDF p. 66
    32. [32]Item 19 — Locations counted not stated in the reviewed record — Single location: Worthington Columbus, OH within full-year 75-location study · PDF p. 66
    33. [33]Item 19 — Locations counted not stated in the reviewed record — Single location: Westlake Village, CA within full-year 75-location study · PDF p. 66
    34. [34]Item 19 — Locations counted not stated in the reviewed record — Single location: Jacksonville (Town Center), FL within full-year 75-location st… · PDF p. 66
    35. [35]Item 19 — Locations counted not stated in the reviewed record — Single location: Hillsboro, OR within full-year 75-location study · PDF p. 67
    36. [36]Item 19 — Locations counted not stated in the reviewed record — Single location: Johns Creek, GA within full-year 75-location study · PDF p. 67
    37. [37]Item 19 — Locations counted not stated in the reviewed record — Single location: Burlington, MA within full-year 75-location study · PDF p. 66
    38. [38]Item 19 — Locations counted not stated in the reviewed record — Single location: Hackensack, NJ within full-year 75-location study · PDF p. 66
    39. [39]Item 19 — Locations counted not stated in the reviewed record — Single location: Raleigh, NC within full-year 75-location study · PDF p. 66
    40. [40]Item 19 — Locations counted not stated in the reviewed record — Single location: Cedar Rapids, IA within full-year 75-location study · PDF p. 66
    41. [41]Item 19 — Locations counted not stated in the reviewed record — Single location: Charlotte, NC within full-year 75-location study · PDF p. 66
    42. [42]Item 19 — Locations counted not stated in the reviewed record — Single location: Pearl River, NY within full-year 75-location study · PDF p. 66
    43. [43]Item 19 — Locations counted not stated in the reviewed record — Single location: Clayton (St.Louis), MO within full-year 75-location study · PDF p. 67
    44. [44]Item 19 — Locations counted not stated in the reviewed record — Single location: Tysons Corner, VA within full-year 75-location study · PDF p. 66
    45. [45]Item 19 — Locations counted not stated in the reviewed record — Single location: Alpharetta, GA within full-year 75-location study · PDF p. 66
    46. [46]Item 19 — Locations counted not stated in the reviewed record — Single location: Ann Arbor, MI within full-year 75-location study · PDF p. 67
    47. [47]Item 19 — Locations counted not stated in the reviewed record — Single location: Cherry Creek, CO within full-year 75-location study · PDF p. 67
    48. [48]Item 19 — Locations counted not stated in the reviewed record — Single location: Plantation, FL within full-year 75-location study · PDF p. 67
    49. [49]Item 19 — Locations counted not stated in the reviewed record — Single location: Longmont, CO within full-year 75-location study · PDF p. 66
    50. [50]Item 19 — Locations counted not stated in the reviewed record — Single location: Tampa, FL within full-year 75-location study · PDF p. 66
    51. [51]Item 19 — Locations counted not stated in the reviewed record — Single location: Folsom, CA within full-year 75-location study · PDF p. 67
    52. [52]Item 19 — Locations counted not stated in the reviewed record — Single location: Downtown Boise, ID within full-year 75-location study · PDF p. 67
    53. [53]Item 19 — Locations counted not stated in the reviewed record — Single location: Southlake, TX within full-year 75-location study · PDF p. 66
    54. [54]Item 19 — Locations counted not stated in the reviewed record — Single location: Naperville, IL within full-year 75-location study · PDF p. 66
    55. [55]Item 19 — Locations counted not stated in the reviewed record — Single location: Clark, NJ within full-year 75-location study · PDF p. 67
    56. [56]Item 19 — Locations counted not stated in the reviewed record — Single location: Lisle, IL within full-year 75-location study · PDF p. 67
    57. [57]Item 19 — Locations counted not stated in the reviewed record — Single location: Los Gatos, CA within full-year 75-location study · PDF p. 67
    58. [58]Item 19 — Locations counted not stated in the reviewed record — Single location: Flowood (Jackson), MS within full-year 75-location study · PDF p. 67
    59. [59]Item 19 — Locations counted not stated in the reviewed record — Single location: Carmel, IN within full-year 75-location study · PDF p. 67
    60. [60]Item 19 — Locations counted not stated in the reviewed record — Single location: Mount Pleasant, SC within full-year 75-location study · PDF p. 67
    61. [61]Item 19 — Locations counted not stated in the reviewed record — Single location: Harbour Island, FL within full-year 75-location study · PDF p. 67
    62. [62]Item 19 — Locations counted not stated in the reviewed record — Single location: Surprise, AZ within full-year 75-location study · PDF p. 67
    63. [63]Item 19 — Locations counted not stated in the reviewed record — Single location: Westport, CT within full-year 75-location study · PDF p. 67
    64. [64]Item 19 — Locations counted not stated in the reviewed record — Single location: San Antonio Sonterra, TX within full-year 75-location study · PDF p. 67
    65. [65]Item 19 — Locations counted not stated in the reviewed record — Single location: Austin Arboretum, TX within full-year 75-location study · PDF p. 67
    66. [66]Item 19 — Locations counted not stated in the reviewed record — Single location: Jacksonville Brooklyn, FL within full-year 75-location study · PDF p. 67
    67. [67]Item 19 — Locations counted not stated in the reviewed record — Single location: Jacksonville Bartram, FL within full-year 75-location study · PDF p. 67
    68. [68]Item 19 — Locations counted not stated in the reviewed record — Single location: Bellevue South, WA within full-year 75-location study · PDF p. 67
    69. [69]Item 19 — Locations counted not stated in the reviewed record — Single location: Northglenn, CO within full-year 75-location study · PDF p. 67
    70. [70]Item 19 — Locations counted not stated in the reviewed record — Single location: Arlington Rosslyn, VA within full-year 75-location study · PDF p. 67
    71. [71]Item 19 — Locations counted not stated in the reviewed record — Single location: Fishers, IN within full-year 75-location study · PDF p. 67
    72. [72]Item 19 — Locations counted not stated in the reviewed record — Single location: Matawan, NJ within full-year 75-location study · PDF p. 67
    73. [73]Item 19 — Locations counted not stated in the reviewed record — Single location: Fairfax, VA within full-year 75-location study · PDF p. 67
    74. [74]Item 19 — Locations counted not stated in the reviewed record — Single location: Troy, MI within full-year 75-location study · PDF p. 67
    75. [75]Item 19 — Locations counted not stated in the reviewed record — Single location: Madison Arboretum, WI within full-year 75-location study · PDF p. 67
    76. [76]Item 19 — Locations counted not stated in the reviewed record — Single location: East Brunswick, NJ within full-year 75-location study · PDF p. 67
    77. [77]Item 19 — Locations counted not stated in the reviewed record — Single location: Boca Raton, FL within full-year 75-location study · PDF p. 67
    78. [78]Item 19 — Locations counted not stated in the reviewed record — Single location: Round Rock, TX within full-year 75-location study · PDF p. 67
    79. [79]Item 19 — Locations counted not stated in the reviewed record — Single location: Cypress, TX within full-year 75-location study · PDF p. 67
    80. [80]Item 19 — Locations counted not stated in the reviewed record — Under 10,000 Square Feet locations in full-year reporting study · PDF p. 65
    81. [81]Outlet counts — Item 20, Table 1 · PDF p. 69

    "PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page.

    Territory & operations

    These are contract disclosures, not confirmation that any territory is currently available.

    Franchisor financial statements

    No verified franchisor financial statement figures have been reviewed yet.

    SBA-backed loans to franchisees

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    Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.

    At a glance

    Business history

    Not reviewed

    Owner participation

    Not reviewed

    Territory language

    Litigation disclosure

    Not reviewed

    Bankruptcy disclosure

    Not reviewed

    Agreement term

    Not reviewed

    Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.

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