Office Evolution
#267 Franchise 500| Virtual office services, coworking spaces, executive-suite and conference-room rentals

About
Founded

2003

Franchising Since

2012 (8 Years)

Corporate Address

357 S. McCaslin Blvd., #110
Louisville, CO 80027

Leadership

Mark Hemmeter, Founder & CEO

Financial Requirements
Initial Investment

$373,950 - $1,557,000

Net-worth Requirement

$750,000

Liquid Cash Requirement

$300,000

Ongoing Fees
Initial Franchise Fee

$45,000 - $45,000

Ongoing Royalty Fee

7.5%

Ad Royalty Fee

3%

Financing Options

Office Evolution has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

National Media

Regional Advertising

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

8 hours

Classroom Training:

32 hours

Absentee Ownership Allowed
Number of Employees Required to Run:

1

Office Evolution is ranked #267 in the Franchise 500!
Cost
Initial Investment: Low - $373,950 High - $1,557,000
Units
+21.2%+11 UNITS (1 Year) +152.0%+38 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S.

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: September 28th, 2020