Coworking Industry
A Multi-Billion-Dollar Category
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The Coworking Industry Revolution
Today’s business world is changing, and the coworking space industry has grown to represent a multi-billion-dollar category. As the business landscape continues to change at an unprecedented rate, the coworking industry is evolving to meet consumer demand for more non-traditional office spaces.
Valued at $9B in 2023, the coworking market is forecast to grow to $12.5B by 2025 alone. What’s more, the industry is expecting further growth and is poised to reach $24B by 2030.
Check out some other coworking industry statistics that further illustrate the market’s phenomenal growth:
- Coworking represents 1.6% of commercial real estate in the US, with no other industry segment seeing a more significant rise in recent years.
- The coworking category is expected to increase by 30% this decade.
The Office Evolution Difference
As the #1 and fastest-growing coworking franchise, Office Evolution has become a leader in the industry. We provide the affordable, safe, and inspired coworking spaces small business owners and entrepreneurs desire and within reasonable proximity to home.
We offer an exciting franchise opportunity for landlords, property managers, building owners, new investors to the market, and investors looking to for multi unit franchise opportunities to tap into this lucrative market.
We’re invested in our franchisees’ success. Our shared office space franchise business model is an affordable investment designed to offer franchise owners an opportunity to invest in their futures and build wealth, all while meeting consumer demand for coworking space.
Helping Members Do More
With a membership base of business-minded professionals comprising entrepreneurs and small business owners, Office Evolution helps dreamers, risk-takers, and doers run their businesses and achieve their growth goals.
- Our members are empowered to do more, make more, and spend less time commuting. Some of the types of individuals that make up our membership base include:
- Professionals like CPAs, lawyers, financial planners, consultants, and marketers who need occasional meeting space and a business address
- Remote employees representing small companies who need assistance with phone answering and room for training or business events
- Business people who need a private office as a quiet space to focus
No matter members’ business size, we provide the right solutions for their needs. From a virtual office for remote working to a dedicated private office with on-site benefits, we have our members covered.
Setting Franchisees Up for Success
At Office Evolution, we offer an extraordinary opportunity to own your own business and grow your wealth by breaking into this booming industry. We’ve been perfecting our coworking concept since 2003, embracing the changing business landscape by providing an ideal shared office space franchise concept. Along with our welcoming culture, we fill a unique niche in the coworking space by providing members with a mindful space layout and design in smaller footprint locations in suburban markets.
We’re fueling the office revolution by:
- Celebrating and supporting our members and their businesses
- Providing locations in suburban areas so members and owners can be close to home
- Maintaining a high-density focus on private offices for one to two people
- Offering convenient 24/7 national access for members
- Employing modern design for highly functional coworking spaces
- Partnering with franchise powerhouse Starpoint Brands
We’ve developed our business model to provide virtually everything you need to start and run your business because we know that our franchisees’ success is our success.
Key Coworking Industry Trends
Office Evolution is more than ready to meet the demands of today’s workforce. We’re staying ahead of key coworking industry trends to ensure our franchise owners can offer their members the affordable, safe, and inspired spaces they need to take their businesses to the next level.
Younger demographics entering the workforce value work-life balance and flexibility more than any other group. By providing a variety of membership plan options, we’re able to combine the best elements of traditional offices and coworking spaces all under one roof.
It’s no surprise that poor working environments can lead to health issues. Our coworking spaces provide amenities like on-site fitness centers, massage therapy, and more as ways for members to relax and combat stress.
With the pandemic and daily data breaches at the forefront of everyone’s minds, security and privacy are crucial to attracting and retaining members. We’re focused on protecting the privacy and security of all our members and have equipped our facilities with soundproofing for privacy, ultra-fast and secure internet access, data backup capabilities so your members never lose or compromise their information, and more state-of-the-art technology.
In today’s business landscape, things change quickly, and members are looking for ways to remain agile and adaptable. Flexibility is a key differentiator when it comes to the Office Evolution business model, as we offer our members flexible lease terms, a variety of office plans, and access to more than 70 locations across the country.
Elevated Amenities
With new generations entering the workforce, members’ needs are evolving, and they are seeking out coworking spaces that offer the complete package. Office Evolution’s facilities are designed to be comfortable and inviting, with an array of amenities that include the latest technology, fully equipped meeting rooms, office solutions, lounges, business addresses, virtual receptionist services, and more.
Flexible Workspace Solutions
Office Evolution franchisees provide shared workspaces where their members become part of a strong and productive community. We’re leading the shared office space industry by offering more than just a desk and chair for members to sit and work; our facilities afford opportunities for professional growth and connections to help our members’ businesses thrive.
We feature flexible office space for every stage of our members’ business journey. Our innovative workspaces, private offices, and meeting rooms are designed to foster creativity, collaboration, and connection. We provide the comfortable workspace our members need with the flexibility to expand as their business grows at the pricing options they need to accommodate their budgets.
Our team are experts at helping new franchise owners get their business up and running quickly by providing the resources they need to serve their customers while growing their wealth. Our unparalleled coworking franchise opportunity offers franchisees distinct advantages they can leverage, like recurring revenue, business-to-business (B2B) clients, low employee requirements, recession resistance, and a semi-absentee model.
Office Evolution is committed to supporting, teaching, and coaching franchisees to ensure their success in the office space industry. We’re there for you every step of the way, providing exemplary support so you can be successful in your entrepreneurial endeavors.
To learn more about starting a coworking business with Office Evolution, call or text 561-646-6605 to speak with a franchising consultant, or use the form available on our Contact Us page.
