New Location Opportunity · Suburban

Office Evolution Franchise

Own the flexible workspace hub of your suburban market

Available in select US, Canadian & international markets
Office Evolution community lounge with comfortable seating
1 / 4
Investment Range
$245,199 – $2,803,560
Franchise Fee
$49,500
Typical Footprint
5,000 – 10,000 sq ft
Brand Founded
2003
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Business Description

New location franchise opportunity

Office Evolution creates thriving workspace hubs for local entrepreneurs and businesses in suburban communities. As a new-location franchisee you lead the evolution of suburban work in your own territory, backed by a model that has been operating since 2003.

The smaller footprint is the point: 5,000 – 10,000 sq ft keeps rent and buildout in check while private offices, coworking memberships, meeting rooms, and virtual office services stack multiple recurring revenue streams on the same square footage.

The business is built for lean staffing and business hours, and it fits owner-operator and executive-model ownership alike. Vast provides site selection, launch marketing, operational playbooks, and ongoing coaching from day one.

Your Office Evolution location will offer members:

  • Private offices for 1–10 person teams
  • Coworking and dedicated desk memberships
  • Bookable meeting and conference rooms
  • Virtual office and mail services
  • Business-class internet and phone
  • Community events and local networking
  • Front-desk greeting and member support
  • Print, copy, and workspace essentials
Detailed Information

Investment listing details

Franchise Fee
$49,500
Paid at signing
Total Investment Range
$245,199 – $2,803,560
Varies by market & buildout
Typical Footprint
5,000 – 10,000 sq ft
Site selection support included
Time to Open
6–12 mo
From signed agreement
Real Revenue by Space Size
Over 10,000 sq ft
$780,291
Average Gross Revenues
$1,459,796
Highest Gross Revenues
Under 10,000 sq ft
$518,459
Average Gross Revenues
$828,400
Highest Gross Revenues

Gross revenue figures are based on unaudited financial information reported by franchisees for the calendar year 2025, as published in Item 19 of our May 27, 2026 Franchise Disclosure Document (FDD). Some outlets have earned this amount. Your individual results may differ. There is no assurance that you will earn as much. Written substantiation for this financial performance representation is available to prospective franchisees upon reasonable request. See Item 19 of our May 27, 2026 FDD for a full definition of gross revenues and additional detail.

Facilities

A typical Office Evolution occupies 5,000 – 10,000 sq ft in a suburban office building, retail center, or mixed-use development. The layout leans heavily on private offices, supported by coworking areas, meeting rooms, and a welcoming front-of-house. Existing office owners can convert underperforming space into an Office Evolution.

Competition

Suburban markets are typically served by aging traditional offices and a handful of independent operators. Office Evolution competes with a recognized brand, professional service standards, and a national marketing engine, while staying close to the neighborhoods where members actually live.

Support & Training
Comprehensive onboarding, ongoing operations coaching, marketing playbooks, and a national broker & enterprise pipeline.
Multiple Revenue Streams
Private Offices, Coworking Spaces, Meeting Rooms, Virtual Offices.
Real Estate Options
Lease conversions, owner-occupied buildings, and landlord partnerships across suburban and CBD markets.
Growth & Expansion
Multi-unit development rights available; existing owners commonly scale to 2–5 locations within a metro.
Marketing Engine
National brand positioning, paid media, SEO, and enterprise partnerships that drive tours to your location.
Financing
SBA-preferred lender relationships and 401(k)/IRA rollover options through vetted partners.
How You Make Money

Office Evolution revenue streams

Private Offices

Dedicated suites for local teams of 1 to 10 — the anchor revenue stream.

Coworking Spaces

Collaborative memberships that build community and recurring income.

Meeting Rooms

Hourly bookings from members and businesses across your territory.

Virtual Offices

Address, mail, and phone packages with very low delivery cost.

Market Opportunity

Invest in workspace that matches modern demand.

Hybrid work has reshaped how office space is leased, creating real opportunity for investors and operators who can deliver smarter spaces aligned to today's preferences. Office Evolution owners capture that demand with proven systems, brand power, and go-to-market support.

Growing Flex Demand

Flexible workspace demand continues to expand as companies of every size move away from long, rigid leases.

Elevated Tenant Expectations

Tenants expect higher-quality meeting space, better amenities, and frictionless move-in.

Flex as a Leasing Strategy

Landlords are adding flex to their leasing mix — choose the model that fits your building and market.

What Sets Vast Apart

Everything you need to launch, operate, and grow.

You bring the local market knowledge and drive. Vast brings the platform — a portfolio of brands, playbooks refined across 210+ locations, and a marketing engine that fills your tours from day one.

Proven Operating Systems
Playbooks, training, and operational support that reduce trial-and-error.
Go-to-Market Support
Brand positioning, marketing engine, and broker/enterprise pathways.
Site & Real Estate Help
Site selection, lease negotiation support, design, and buildout guidance.
Built for Smarter Space
Models that work in high-density private office layouts and underutilized suites.
Office Evolution By The Numbers

A Local Opportunity Backed By a Global Brand

2003
Brand Founded
85+
Office Evolution Locations
4
Countries
210+
Vast Locations
60k+
Members
Our Portfolio of Brands

One platform. A Vast portfolio of workspace brands.

Different markets require different experiences. Vast helps you choose the best-fit brand for the building, the neighborhood, and the customers you serve.

Owner Voices

Real owners. Real portfolios.

FAQ

Questions from prospective owners

How much capital do I need to open a Office Evolution?+

We look for prospective owners with $200k+ in liquid capital. The franchise fee is $49,500 and total investment runs $245,199 – $2,803,560 depending on market, footprint, and buildout scope. Most owners fund through a mix of liquid capital, SBA financing, and 401(k)/IRA rollover programs — we can connect you with vetted partners.

Do I need coworking or real-estate experience?+

No. Most successful Office Evolution owners come from business ownership, sales, hospitality, real estate, or professional services. Vast provides the operating playbooks; you bring the local drive and leadership.

How big does my space need to be?+

A typical Office Evolution location runs 5,000 – 10,000 sq ft. Vast supports site selection, lease negotiation, design, and buildout — and existing office owners can convert space they already control.

What ongoing support does Vast provide?+

Site selection, lease negotiation support, buildout guidance, launch marketing, national brand campaigns, enterprise sales pipeline, ongoing operations coaching, and technology stack.

Can I own more than one location?+

Yes. Multi-unit development rights are available for qualified operators, and many owners scale to 2–5 locations within a single metro over time.

How long does it take to open?+

Typical timeline from signed franchise agreement to grand opening is 6–12 months, depending on real-estate availability and buildout scope.

How do I get financials and the FDD?+

Submit the form above and an investment consultant will reach out within 1 business day. After a brief discovery call, we share the Franchise Disclosure Document (FDD) with full unit-level financial detail.

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