OFFICE EVOLUTION
Office Evolution franchises operate shared office businesses offering executive suites, temporary office use, conference and training rooms, co-working/drop-in workspaces, business center locations, professional business addresses, and related services. They target suburban and secondary markets outside downtown central business districts, serving business professionals and companies needing flexible, modern office solutions. The business model involves franchising a proprietary system with full-service technology and staffing in Class A or B buildings.
Franchise Costs
7.5% royalty + 3% marketing fund + $2,000/mo technology + $1,000-$3,000/mo internet
Financial Performance
Item 19 Financial Performance
Data Based On: 75 franchised outlets open for one full calendar year or more as of December 31, 2024, reporting Gross Revenues for calendar year 2024.
* Average gross revenue calculated from the overall average provided in the 'Size and Capacity of Office Evolution Locations' table. Median gross revenue is also from this table (value corrected from image). Revenue top quartile is the 'Avg Gross Sales' for the 'Over 10,000 Square Feet' tier, and revenue bottom quartile is the 'Avg Gross Sales' for the 'Under 10,000 Square Feet' tier, as presented in the 'Gross Sales by Square Footage' table. These tiers were treated as segments for quartile estimation.
Extracted Item 19 Section
How OFFICE EVOLUTION Compares
Key Insights
- Higher investment than 85% of Business Services franchises
- Lower than average SBA loan default rate in Business Services
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
OFFICE EVOLUTION Current | $193K – $2.2M | $50K | 7.5% | 84 |
| Bimbo Foods Bakeries Distribution, LLC | $14K – $607K | N/A | N/A | 6,454 |
| THE UPS STORE (TRADITIONAL) | $216K – $609K | $30K | 5.0% | 4,500 |
| JACKSON HEWITT TAX SERVICE | $71K – $105K | $25K | 15.0% | 2,744 |
| CRUISE PLANNERS | $2K – $21K | $11K | 3.0% | 2,655 |
| SERVPRO (UNIT) | $259K – $380K | $100K | 10.0% | 2,286 |
Business Services Average 188 franchises | $118K – $284K | $46K | 10.4% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 188 Business Services franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
+11 more states
SBA Loan History
Historical SBA 7(a) loan data for OFFICE EVOLUTION franchisees (2014 – 2025)
Loans by Year
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
210 franchisee contacts on file from official FDD filings.
| Name | SBA Loan |
|---|---|
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
210 Contacts Available
Unlock all OFFICE EVOLUTION franchisee contacts with verified contact information
Due Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
The total initial investment to open a OFFICE EVOLUTION franchise ranges from $193,000 to $2,178,000. This includes a franchise fee of $49,500. Ongoing royalty fees are 7.5% of gross sales.
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