table_specific
How many Engel & Volkers master franchises were sold in 2023?
Engel_Volkers Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 2023 | |
|---|---|---|
| Franchises sold | 15 | 17 |
| Franchised outlets in operation | 265 | 265 |
| Master Franchises | ||
| Franchises sold | 5 | 10 |
| Franchised outlets in operation | 47 | 43 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 88)
What This Means (2025 FDD)
According to Engel & Volkers' 2025 Franchise Disclosure Document, there were 10 master franchises sold in 2023. This is compared to 5 master franchises sold in 2024.
Additionally, in 2023, Engel & Volkers sold 17 franchises, with 265 franchised outlets in operation. In 2024, Engel & Volkers sold 15 franchises, with 265 franchised outlets in operation.
This information is valuable for potential franchisees as it provides insight into the recent growth and activity of Engel & Volkers in terms of franchise sales and operational outlets. Reviewing these figures over multiple years can help assess the brand's expansion trajectory and market presence.
Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only.
It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.