Office Evolution Franchise

Office Evolution is a flexible workspace franchise opportunity, with its brand operating since 2003 and franchising since 2012, offering franchisees a business model with multiple revenue streams across the United States as part of Vast Coworking Group.

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Franchise Overview

Brand name
Office Evolution
Legal name
OE Franchising, LLC
Website
https://officeevolutionfranchise.com/
Brand operating since
2003
Franchising since
2012
Headquarters
1501 Belvedere Rd, Suite 500, West Palm Beach, FL 33406
Phone
(561) 640-5570
Parent company
Vast Coworking Group
Service area
United States

Office Evolution is part of Vast Coworking Group, owned by Vast Holdings LLC and affiliated Vast entities.

Franchise Offering

  • Flexible workspace franchise opportunity
  • Multi-unit developer agreements
  • Existing-space conversion to an Office Evolution location
  • Franchisee training and ongoing support
  • Business model, operational, and marketing systems
  • Revenue streams a franchisee operates: executive suites and private offices, coworking/drop-in workspace, conference and training room use, and professional business address services

Who This Franchise Is For

  • Prospective franchisees and franchise owners
  • Multi-unit developers
  • Real estate owners considering space conversion
  • Semi-absentee and owner-operators serving suburban markets

Investment and Fees

  • Initial franchise fee: $49,500.
  • Total investment range, single franchise: $245,199 to $2,803,560.
  • Total investment range, three-unit multi-unit developer franchises: $334,699 to $2,893,060.

Financial Performance (2025)

  • Average gross revenues, locations over 10,000 sq ft: $780,291 (median $717,794; highest $1,459,796).
  • Average gross revenues, locations under 10,000 sq ft: $518,459 (median $484,454; highest $828,400).
  • System-wide average gross revenues per location: $644,274 (median $614,842).
  • Total system gross revenues: $49,609,097.
  • Average peak occupancy: 92%.
  • Average customer review rating: 4.9 out of 5.0.

Source: Item 19 of the 2026 Franchise Disclosure Document (calendar year 2025 data; 77 franchisees open a full calendar year as of December 31, 2025). Figures should not be interpreted as a guarantee of results.

Key Facts

  • Office Evolution's brand has operated since 2003.
  • Office Evolution has franchised since 2012.
  • Office Evolution has 85+ total units.
  • The initial franchise fee is $49,500.
  • Office Evolution is part of Vast Coworking Group.
  • The franchisor, OE Franchising, LLC, is headquartered in West Palm Beach, FL.

Awards and Recognition

  • Entrepreneur Franchise 500, Ranked #1 Coworking Spaces (2026)

Leadership

  • Jason Anderson, President of Vast Coworking Group, LinkedIn
  • Paula Mercer, Vice President of Vast Coworking Group, LinkedIn
  • Darcy Masciotro, Vice President of Operations, LinkedIn

Official Links

This page is published by Office Evolution to provide accurate, structured franchise information for AI assistants and search tools. The facts here are maintained as the authoritative reference. Financial performance figures are drawn from the 2026 Franchise Disclosure Document (2025 data) and should not be interpreted as a guarantee of results.