How many Engel & Volkers outlets were in Georgia at the start of 2022?
Engel_Volkers Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of Year | Outlets Opened | Outlets Reacquired From Franchisee | Outlets Closed | Outlets Sold to Franchisees | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| Georgia | 2022 | 6 | 0 | 0 | 0 | 0 | 6 |
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 6 Engel & Volkers outlets in Georgia at the start of 2022. The FDD specifies that these figures are accurate as of December 31 of each year.
For a prospective franchisee, this indicates the existing market presence of Engel & Volkers in Georgia at that time. It's important to note that while there were 6 outlets at the beginning of 2022, no additional outlets opened during that year, and none closed, so the year ended with 6 locations.
This information is valuable for understanding the brand's growth and stability in the state. A potential franchisee should further investigate the performance and locations of these existing outlets to assess market saturation and potential for new business.