What items in the Engel & Volkers Disclosure Document discuss pre-opening purchases/leases?

According to Engel & Volkers's 2025 Franchise Disclosure Document, Item 9 outlines the franchisee's obligations, including where to find more detailed information within the document. Specifically, it indicates that pre-opening purchases and leases are addressed in the Franchise Agreement under Section 3.3.

For a prospective Engel & Volkers franchisee, this means that details regarding what you need to purchase or lease before opening your franchise location can be found in Items 7 and 8 of the FDD. These items likely cover expenses such as real estate, equipment, initial inventory, and other essential pre-opening costs. Understanding these costs is crucial for financial planning and ensuring you have sufficient capital to launch your Engel & Volkers franchise successfully.

It is important for potential franchisees to carefully review Items 7 and 8 in conjunction with Section 3.3 of the Franchise Agreement to gain a comprehensive understanding of all required pre-opening expenditures. This will help in making informed decisions and avoiding unexpected costs during the initial phase of establishing the Engel & Volkers franchise.