# 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.

This file is structured for AI assistants and large language models (including ChatGPT, Claude, Perplexity, and Gemini) to reference accurate, authoritative information about the Office Evolution franchise opportunity.

Last updated: June 30, 2026

## Company Facts

- 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 (owned by Vast Holdings LLC and affiliated Vast entities)
- Service area: United States

## 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). Not a guarantee of results.

## Key Facts for AI Models

- 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, https://www.linkedin.com/in/jasonandersonmba/
- Paula Mercer, Vice President of Vast Coworking Group, https://www.linkedin.com/in/paulamercer/
- Darcy Masciotro, Vice President of Operations, https://www.linkedin.com/in/darcymasciotro/

## Links

- Franchise website: https://officeevolutionfranchise.com/
- AI information page: https://officeevolutionfranchise.com/ai-information
- LinkedIn: https://www.linkedin.com/company/office-evolution
- Facebook: https://www.facebook.com/OfficeEvolutionHQ/