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OFFICE EVOLUTION

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.

Since 2022ServicesWest Palm Beach, FLwww.officeevolution.com
Item 19 AvailableSBA Loan Data

Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.

Overview

Investment
$193,000 - $2,178,000
Franchise Fee
$49,500
Locations
84

Financial Requirements

Franchise Fee$49,500
Initial Investment Range$193,000 - $2,178,000
Royalty Rate7.50%
Brand Fund3.00%
Fixed Monthly Fees$3,000 - $5,000

7.5% royalty + 3% marketing fund + $2,000/mo technology + $1,000-$3,000/mo internet

Franchise Stats

Franchise Locations84
Corporate Locations0
States Operating27
Franchising Since2022
FDD Year2025

Financial Performance

Item 19 Financial Performance

Average Gross Revenue
$601,905
Median Gross Revenue
$807,570
Top Quartile Revenue
$733,050
Bottom Quartile Revenue
$504,308

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 to Other Business Services Franchises

Key Insights

  • Higher investment than 85% of Business Services franchises
  • Lower than average SBA loan default rate in Business Services
FranchiseInvestment RangeFranchise FeeRoyaltyLocations
OFFICE EVOLUTION
Current
$193K - $2.2M$50K7.5%84
Bimbo Foods Bakeries Distribution, LLC$14K - $607KN/AN/A6,454
THE UPS STORE (TRADITIONAL)$216K - $609K$30K5.0%4,500
JACKSON HEWITT TAX SERVICE$71K - $105K$25K15.0%2,744
CRUISE PLANNERS$2K - $21K$11K3.0%2,655
SERVPRO (UNIT)$259K - $380K$100K10.0%2,286
Business Services Average
187 franchises
$118K - $285K$46K10.4%-

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 187 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

Top States by Outlet Count
1CO
13
2FL
10
3TX
7
4NJ
7
5IL
5
6CA
5
7VA
4
8NC
4
9AZ
3
10OH
3
11MO
2
12GA
2
13ID
2
14IN
2
15MI
2

+11 more states

SBA Loan History

Historical SBA 7(a) loan data for OFFICE EVOLUTION franchisees (2014 - 2025)

Total Loans
42
Average Loan Amount
$477,264
Total Loan Volume
$20,045,100
Default Rate
7.1%

Loans by Year

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts

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Due Diligence

Litigation (Item 3)

Franchisee Litigation Cases0

No litigation involving franchisees reported in the FDD.

Bankruptcy (Item 4)

Bankruptcy HistoryNo

No bankruptcy history reported in the FDD.

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
2
Non-Renewals
0
Reacquired by Franchisor
0
Ceased Operations (Other)
0
System Transfers
3
Sold to Franchisees
1
Projected New Franchises
16

Frequently Asked Questions

How much does it cost to open a OFFICE EVOLUTION franchise?

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.

How much revenue does a OFFICE EVOLUTION franchise make?

According to the 2025 FDD, the average gross revenue for a OFFICE EVOLUTION franchise is $601,905. The median revenue is $807,570.

How many OFFICE EVOLUTION franchise locations are there?

As of the 2025 FDD, OFFICE EVOLUTION has 84 franchise locations. The company has been franchising since 2022.

Can you get an SBA loan for a OFFICE EVOLUTION franchise?

Yes, SBA loans are available for OFFICE EVOLUTION franchises. Historical data shows 42 SBA 7(a) loans have been approved for OFFICE EVOLUTION franchisees, with an average loan amount of $477,264. The historical default rate is 7.1%.

Is OFFICE EVOLUTION a good franchise to buy?

OFFICE EVOLUTION shows several positive indicators: transparent financial performance data (Item 19), low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.

Interested in OFFICE EVOLUTION?

Talk to a franchise advisor to get personalized guidance and learn if OFFICE EVOLUTION is the right fit for you.

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