1/10

Franchimp Summary Rating

1 /10
Higher than 97% of peers

Franchise Summary

Description
Office Evolution businesses provide shared office services, including live answering service and telephone call management, executive suites, temporary office use, conference and training room use, co-working/drop in work space, business center locations, a professional business address, and other related products and services ("Office Evolution Business (es) ").
Company Background
We are Office Evolution, a company that offers shared office services for entrepreneurs and small business owners. We provide live answering service and telephone call management, executive suites, temporary office use, conference and training room use, co-working/drop in work space, professional business address (P.O. Box), and other related products and services.
Franchise Opportunity
The modern office is more than a place to work. It's also a place to network, collaborate and grow your business. Unfortunately, it can be an expensive one if you don't know where to look for solutions that fit your budget. Office Evolution(R) businesses provide shared office services that are affordable for any size company or organization. Whether you need a professional address, temporary workspace or just some help with the phones on occasion, we have the solution for you at prices that won't break the bank. We offer everything from executive suites and conference rooms to phone answering service and even virtual offices in many locations throughout North America (Canada and US). Our low-cost options make it easy to find the right space without breaking your budget!
Corporate Structure
OE Franchise, LLC is a Colorado limited liability company formed on May 15, 2012. They operate under the name OE Franchise, LLC and Office Evolution and no other name. Their principal business address is 357 McCaslin Blvd, Ste 200, Louisville, CO 80027. They began offering franchises for Office Evolution Businesses in July 2012.
Royalties and Marketing Fees

Royalties : 7.5% of Net Billings

Royalties : 3% of Net Billings and any local advertising expenditure deficits by the Franchisee

Royalties : Established by cooperative members

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of Office Evolution Franchisees

Office Evolution Franchise System Development in 2022

FAQ

How much investment do I need to start my own Office Evolution business?
Franchisees typically require at least $187 to $2 investment to get their Office Evolution business started
What are the initial franchise fees for Office Evolution?
Franchisees typically need to pay at least $134 in fees directly to Office Evolution in order to earn the right to launch their business
How much money can I make with a Office Evolution franchise? What are the average revenues for a typical Office Evolution business?
We haven’t done the math on how much revenue a typical Office Evolution brings in each year. We estimate that other franchisees in the Professional Services industry generate $932,459 revenue, so we would expect Office Evolution to generate a similar amount
How long do I need to commit to running a Office Evolution unit? What is my contractual commitment?
Office Evolution franchisees are typically required to sign up to a 10 year contract initially. The renewal length is 5 years. You can of course exit early but don’t expect to get any refund!

Accessibility

1 /10
The Franchisor's investment costs ranges from $187,750 to $2,464,000 which is Much Higher than the $0 to $0 average in the Business-Related industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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