How many Engel & Volkers outlets were in Arkansas at the end of 2024?
Engel_Volkers Franchise · 2025 FDDAnswer from 2025 FDD Document
| Column 1 State | Colum n 2 Year | Colum n 3 Outlets at Start of Year | Colum n 4 Outlets Opene d | Column 5 Termination s | Column 6 Non- Renewal s | Column 7 Reacquire d by Franchiso r | Column 8 Ceased Operations - Other Reasons | Colum n 9 Outlets at End of the Year | |---|---|---|---|---|---|---|---|---| | | 2024 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | | New | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | Hampshire | | | | | | | | | | | 2023 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | New Jersey | 2022 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | | | 2023 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | | | 2024 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | | New Mexico | 2022 | 2 | 0 | 0 | 0 | 0 | 1 | 1 | | | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | New York | 2022 | 6 | 0 | 0 | 0 | 0 | 0 | 6 | | | 2023 | 6 | 0 | 0 | 0 | 0 | 1 | 5 | | | 2024 | 5 | 1 | 0 | 0 | 0 | 0 | 6 | | North | 2022 | 6 | 0 | 0 | 0 | 0 | 0 | 6 | | Carolina | | | | | | | | | | | 2023 | 6 | 3 | 0 | 0 | 0 | 1 | 8 | | | 2024 | 8 | 0 | 0 | 0 | 0 | 1 | 7 | | Ohio | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2023 | 0 | 2 | 0 | 0 | 0 | 0 | 2 | | | 2024 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | Oklahoma | 2022 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | | | 2023 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | | | 2024 | 3 | 0 | 0 | 0 | 0 | 1 | 2 | | Oregon | 2022 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | | 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | | 2024 | 2 | 2 | 0 | 0 | 0 | 0 | 4 | | Pennsylvania | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 2 | 0 | 0 | 0 | 0 | 3 | | | 2024 | 3 | 1 | 0 | 0 | 0 | 0 | 4 | | Rhode Island | 2022 | 1 | 1 | 0 | 0 | 0 | 0 | 2 | | | 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | | 2024 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | South | 2022 | 3 | 1 | 0 | 0 | 0 | 0 | 4 | | Carolina | | | | | | | | | | | 2023 | 4 | 0 | 0 | 0 | 0 | 0 | 4 | | | 2024 | 4 | 0 | 0 | 0 | 0 | 1 | 3 | (1) All numbers are set forth as of December 31 of each year.
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Table No. 4 Our Franchised Residential Real Estate Brokerages Status of Company-Owned Outlets for Years 2022 to 2024
| State | Year | Outlets at Start of Year | Outlets Opened |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 71–88)
What This Means (2025 FDD)
According to Engel & Volkers' 2025 Franchise Disclosure Document, there were 3 Engel & Volkers outlets in Arkansas at the end of 2024. The FDD provides a detailed table outlining the status of franchised outlets from 2022 to 2024.
Specifically, for Arkansas, the table shows that in 2022 and 2023, there were 4 outlets at the start of each year, with no openings, terminations, non-renewals, re acquisitions by the franchisor or other reasons for ceasing operations, resulting in 4 outlets at the end of each year. However, in 2024, there were 4 outlets at the start of the year, no openings, terminations, non-renewals or re acquisitions by the franchisor, but one outlet ceased operations for other reasons, leaving 3 outlets at the end of 2024.
Prospective franchisees can use this information to understand the recent history and presence of Engel & Volkers in Arkansas. It is important to note the single outlet that ceased operations in 2024, which could warrant further investigation to understand the reasons behind it and whether it reflects any challenges or opportunities in the Arkansas market.