According to Engel & Volkers' 2025 Franchise Disclosure Document, the amount of other receivables, net, for the company in 2024 was $552,774. This figure is part of the current assets listed on the consolidated balance sheets. In contrast, for the year 2023, Engel & Volkers did not list any amount for other receivables, net, on their balance sheets.

'Other receivables' typically include amounts owed to the company that are not from standard sales or services (which would be 'accounts receivable'). These could be items like employee advances, insurance claims, or other miscellaneous claims. The fact that Engel & Volkers had $552,774 in other receivables in 2024, compared to none in 2023, suggests there may have been some specific events or transactions during 2024 that led to these receivables.

For a prospective franchisee, it's important to understand what constitutes these 'other receivables' and whether they are typical for Engel & Volkers' operations. Investigating the nature of these receivables can provide insight into the company's financial management and potential risks or opportunities. It would be prudent to inquire with Engel & Volkers about the specific items included in this category and the company's policies for managing and collecting these receivables.