Franchise Spotlight: Coworking Franchisor Lands in Folsom, Looks at Roseville
As seen in the Sacramento Business Journal:
Coworking franchiser lands in Folsom, looks at Roseville
A company touted as the largest franchise coworking operator in the U.S. has jumped into the Sacramento region, with one location finalized and another in the works.
Marcus and Jennifer Cain are the local co-owners and operators for Office Evolution, which has leased 7,200 square feet at 50 Iron Point Circle in Folsom.
Because it’s franchised, Marcus Cain said, there’s a group of people he can reach out to once Office Evolution opens in Folsom in November.
“You can tackle some of the same problems they’ve had and you have people you can rely on,” said Cain of Louisville, Colorado-based Office Evolution. The company was founded in 2003, began franchising in 2012 and now has 64 locations open and almost 80 more under development.
In Folsom, Office Evolution will have enough space for 28 to 30 private offices, along with conference rooms and membership options for drop-in workspace, a business address for mail and an answering service.
Both national and local coworking firms have moved into the region or expanded in the last year. But Cain said Office Evolution has its own niche: local entrepreneurs in more suburban locations rather than corporate outposts or urban areas.
At 50 Iron Point Circle, the benefit is visibility from nearby Highway 50 and proximity to both other offices and Folsom's Palladio at Broadstone shopping center, he said. Folsom was actually the second place Cain and his wife planned to open Office Evolution, but it became the first after a year of searching in their own city, Roseville, didn’t result in a good option.
“We kissed a lot of frogs,” he said, adding they’ll pick up the Roseville search again, for space of up to about 10,000 square feet, after the Folsom location is up and running. “The market’s got to get a bit better there. Just now we’re on a short pause.”