Office Evolution

At a Glance

Products & Services: Virtual office services, executive-suite and conference-room rentals

Number of Locations: 11

Total Investment: $197.3K - $299.7K

Founded: 2003

Began Franchising: 2012

Franchise Units

Year U.S. Canadian International Company Owned
2014 3 0 0 8
2013 1 0 0 8
2012 0 0 0 8
2011 N/A N/A N/A 9
2010 N/A N/A N/A 9
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $197,300 - $299,700
Franchise Fee: $45,000
Ongoing Royalty Fee: 7.5%
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: 25% off first-unit franchise fee
Financial Requirements
Net Worth: $300,000
Liquid Cash Available: $150,000
Operations
Number of employees needed to run franchised unit: 1. Absentee ownership of franchise is allowed..
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 1 week.
Ongoing Support: Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Ad slicks, National media, Regional advertising,

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