When was E&V Yachting established as a German limited liability company for Engel & Volkers?
Engel_Volkers Franchise · 2025 FDDAnswer from 2025 FDD Document
E&V Yachting, a German limited liability company, was established on November 21, 2006. It is responsible for franchising the Engel & Völkers yachting brokerage program throughout the world, except the United States. E&V Yachting granted direct franchises and master franchises to third parties throughout the world, except the United States, to use the Engel & Völkers Yachting System to own and operate one or more Engel & Völkers Yachting Brokerages. E&V Yachting started offering franchises in June 2008. As of December 31, 2024, E&V Yachting had no direct franchise. In addition, in 2013 E&V Yachting granted a master franchise to a Luxembourg entity to act as a master franchisee, however, the master franchise was terminated in October 2021. As of August 2020, the operations and outstanding franchise agreements of E&V Yachting were acquired by E&V Residential that continues to operate the business.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 8–15)
What This Means (2025 FDD)
According to Engel & Volkers' 2025 Franchise Disclosure Document, E&V Yachting was established as a German limited liability company on November 21, 2006. It was created to franchise the Engel & Völkers yachting brokerage program worldwide, with the exception of the United States.
As of December 31, 2024, E&V Yachting did not have any direct franchises. In 2013, a master franchise was granted to a Luxembourg entity, but it was terminated in October 2021. By August 2020, E&V Residential acquired the operations and outstanding franchise agreements of E&V Yachting and continues to operate the business.
This indicates that while Engel & Volkers initially established a separate entity for its yachting franchise program, it later consolidated those operations under E&V Residential. Prospective franchisees interested in the yachting program should note that the franchising of yachting brokerages began in June 2008, and the brand has undergone structural changes since its inception.