How many Engel & Volkers franchise transfers occurred in Arizona during 2022?

According to Engel & Volkers' 2025 Franchise Disclosure Document, there was one franchise transfer in Arizona during 2022. This information is based on transfers of outlets from franchisees to new owners, excluding transfers back to Engel & Volkers itself. The FDD specifies that these numbers reflect the status as of December 31st of each year.

Franchise transfers can occur for various reasons, such as a franchisee deciding to retire, pursue other business ventures, or due to performance issues. The number of transfers can be an indicator of the stability and desirability of the franchise system within a particular state. A low number of transfers, as seen in Arizona for 2022, could suggest a stable market or limited opportunities for resale.

For a prospective Engel & Volkers franchisee, understanding the transfer history is crucial. It provides insights into how often franchises change hands and the potential for resale if they decide to exit the business. Investigating the reasons behind any transfers in their target market can further inform their decision-making process.

It's also worth noting that the number of transfers can be influenced by various factors, including local market conditions, the overall performance of the Engel & Volkers brand, and the terms of the franchise agreement regarding transfers. Therefore, a prospective franchisee should conduct thorough due diligence and speak with existing and former franchisees to gain a comprehensive understanding of the transfer process and its implications.