When did Engel & Volkers U.S. Holding GmbH exclusively sublicense the yachting brokerage segment rights to Engel & Volkers?
Engel_Volkers Franchise · 2025 FDDAnswer from 2025 FDD Document
Our direct parent, U.S. Holding GmbH, has been granted an exclusive master license regarding the residential real estate brokerage sector to use the Engel & Völkers System (described below) and the ENGEL & VÖLKERS® and E&V® Trademarks (described in Item 13) in the United States, Mexico Cayman Islands, Belize and The Bahamas. On January 9, 2006 U.S. Holding GmbH exclusively sublicensed those rights in the United States to us. In July 2016 they also exclusively subfranchisedto us those rights for Mexico, Cayman Islands, Belize and The Bahamas. In September 2018 they exclusively subfranchised to us those rights for the remainder of the Caribbean and Central America. In March 2024, U.S. Holding GmbH also granted us an exclusive license to use the the ENGEL & VÖLKERS® and E&V® Trademarks in the commerical real esate segment. U.S. Holding GmbH has also been granted an exclusive master franchise regarding the yachting brokerage segment of the Engel & Völkers Yachting System (described below) and the ENGEL & VÖLKERS™, E&V™, GG® and GG GLOBAL GUIDE® Trademarks in the United States. U.S. Holding GmbH exclusively sublicensed those rights to us in September 2012.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 8–15)
What This Means (2025 FDD)
According to Engel & Volkers's 2025 Franchise Disclosure Document, U.S. Holding GmbH exclusively sublicensed the rights to the yachting brokerage segment of the Engel & Volkers Yachting System to Engel & Volkers in September 2012. U.S. Holding GmbH had been granted an exclusive master franchise regarding the yachting brokerage segment in the United States.
This means that Engel & Volkers franchisees can operate yachting brokerages under the Engel & Volkers brand, utilizing the Engel & Volkers Yachting System. However, this is only within the United States, as the document specifies that E&V Residential offers franchises in the yachting sector in Germany and various other countries, except for the United States, the Caribbean, and Central America, where Engel & Volkers offers yachting brokerage franchises.
It's important to note that Engel & Volkers temporarily stopped offering yachting brokerage franchises as of December 31, 2014, but resumed in October 2019. Currently, Engel & Volkers offers franchise agreements for yachting brokerages in a limited number of states, including New York, California, and Florida.