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FRANCHISE RESALES

Buy an Office Evolution Franchise

Office Evolution is a flexible-workspace franchise built around suburban markets rather than city-centre coworking. Founded in Boulder, Colorado in 2003, the brand operates neighbourhood business centres offering private offices, coworking space, meeting rooms and virtual-office and mail-handling plans for local professionals, small businesses and remote workers.

Revenue comes from a mix of space rentals and recurring service memberships, so a single centre earns from several streams at once. The network spans 85+ locations across four countries and positions itself against urban operators by emphasising personalised, long-term member relationships in commuter communities. Most centres run on a lean staffing model, often a single employee, supporting a semi-absentee approach for owners.

Office Evolution is part of Vast Coworking Group, one of the largest coworking franchise organisations, which also owns Venture X, Intelligent Office and Intelligent Assistant. Membership gives franchisees access to a shared corporate support platform and a wider flexible-workspace network.

Latest Resales

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Why buy an Office Evolution Franchise?

Buying an Office Evolution franchise offers entry to the flexible-workspace category through a suburban niche distinct from crowded urban coworking. A single centre blends private-office leasing, coworking memberships, meeting-room rentals and virtual-office and mail plans, generating several recurring income sources rather than depending on one.

The lean, often one-employee turnkey structure keeps overhead modest and suits owners who prefer a semi-absentee role. Membership in the Vast Coworking network provides corporate operations, marketing and brand recognition an independent operator would have to build alone, while exclusive territories and multi-unit development agreements leave room to scale within a category that has proved resilient through changing work patterns.

Office Evolution Franchise Costs & Information

Based on 2024 data reported in the 2025 FDD

  • Brand Profile

    • Year Founded

      2003

    • Franchising Since

      2022

    • New Startup Cost

      $193,000 – $2,178,000

    • Avg. Resale Price

      Contact us for details

  • Franchise Fees

    • Initial franchise Fee

      $49,500

      for new territories

    • Transfer Fee

      $35,000

    • Royalty Fee

      7.50%

      of Gross Revenues (min $1,500/mo)

    • Marketing Fee

      3%

      of Gross Revenues (min $1,500/mo)

  • Unit Performance

    • Total Units *

      84

    • New Units Opened *

      8

    • Units Transferred *

      3

    • Avg. Unit revenue *

      $601,905

    * Based on 2024 data reported in the 2025 FDD

Office Evolution – Additional  Information

  1. Training & Support

    Incoming franchisees complete roughly 30.5 hours of classroom training plus 8 hours of on-the-job training, then draw on ongoing operations, marketing and technology support from the Vast Coworking corporate team that runs behind the brand's lean, often one-employee centres. Support covers member-management systems, day-to-day operations and marketing. Buyers of an existing Office Evolution centre should confirm what transfer training and system access the franchisor provides to incoming owners, and how any staff carried over in the sale are supported.

  2. Ideal Owner

    Office Evolution suits a relationship-driven operator comfortable running a service-led membership business rather than a hands-on trade. The lean one-employee, semi-absentee model fits owners who can oversee occupancy, sales and member experience while managing a small team and building local B2B relationships. Real estate, hospitality or business-services experience helps but is not required. Owners who enjoy creating a professional community and converting centre tours into long-term members tend to fit the model best.

  3. Recognition & Awards

    Office Evolution has been recognised for several consecutive years in Entrepreneur's Franchise 500, climbing to #126 in 2021, and has repeatedly been named the #1 coworking franchise in that ranking's category. It is established as one of the largest coworking franchisors in the US and operates within Vast Coworking Group, among the largest coworking franchise organisations globally. For resale buyers, brand-level recognition should be weighed alongside the specific centre's local reputation, member reviews and occupancy within its territory.

  4. Industry / Market

    Flexible workspace is a growing share of US commercial real estate, supported by hybrid and remote work, the rise of solopreneurs, and small businesses wanting professional space close to home. Suburban demand has strengthened as workers avoid long commutes, the segment Office Evolution targets rather than downtown towers. The category has continued to expand even through economic shifts. For resale buyers, local demand depends on surrounding business density and the strength of suburban work patterns in that specific territory.

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