According to Engel & Volkers' 2025 Franchise Disclosure Document, the net property and equipment for 2023 was $541,881. This figure represents the value of Engel & Volkers' physical assets, such as office equipment, furniture, and leasehold improvements, after accounting for accumulated depreciation and amortization. Depreciation and amortization are accounting methods used to allocate the cost of these assets over their useful lives, reflecting their gradual decline in value.

Specifically, the total cost of Engel & Volkers' office equipment, furniture and fixtures, and leasehold improvements amounted to $1,851,999 in 2023. However, after deducting accumulated depreciation and amortization of $1,310,118, the net value of property and equipment was reported as $541,881. This indicates the book value of the company's tangible assets at the end of the year.

For a prospective franchisee, this information provides insight into the capital investments Engel & Volkers has made in its own infrastructure. While franchisees will incur their own expenses for setting up and equipping their individual locations, understanding the franchisor's asset base can offer a broader view of the company's financial structure and resource allocation. It's important to note that these figures reflect the financial position of Engel & Volkers Americas, Inc. and its subsidiary, and not the financial standing of individual franchise locations.