How many Engel & Volkers franchise transfers took place in Washington state in 2022?

According to Engel & Volkers' 2025 Franchise Disclosure Document, there was one franchise transfer in Washington state during 2022. This information is part of a larger table detailing the number of franchise transfers across various states and years. Franchise transfers occur when an existing franchisee sells their franchise to a new owner, which can happen for a variety of reasons, such as retirement, relocation, or a change in business interests.

For a prospective Engel & Volkers franchisee, the number of transfers can be an indicator of the stability and desirability of the franchise. A low number of transfers might suggest that franchisees are generally satisfied with their investment, while a high number could raise concerns about profitability or support. However, it's important to consider the context of these numbers. For example, a growing franchise system might naturally have more transfers as the number of franchisees increases.

It is also important to note that the transfer of a franchise typically involves a process where the franchisor must approve the new franchisee. This ensures that the new owner meets the brand's standards and is capable of operating the business successfully. Reviewing transfer rates in specific states like Washington, as well as the reasons behind those transfers, can provide valuable insights for potential franchisees as they evaluate the opportunity with Engel & Volkers.