How many Engel & Volkers outlets were in Idaho at the start of 2022?
Engel_Volkers Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year 2024 | Number of Transfers 0 | ||
|---|---|---|---|---|
| Colorado | 2022 | 5 | ||
| 2023 | 8 | |||
| 2024 | 0 | |||
| Florida | 2022 | 1 | ||
| 2023 | 4 | |||
| 2024 | 2 | |||
| Georgia | 2022 | 0 | ||
| 2023 | 1 | |||
| 2024 | 0 | |||
| Idaho | 2022 | 2 | ||
| 2023 | 2 | |||
| 2024 | 0 | |||
| Nevada | 2022 | 0 | ||
| 2023 | 3 | |||
| 2024 | 0 | |||
| Utah | 2022 | 0 | ||
| 2023 | 7 | |||
| 2024 | 0 | |||
| Washington | 2022 | 1 | ||
| 2023 | 2 | |||
| 2024 | 1 | |||
| Wyoming | 2022 | 0 | ||
| 2023 | 1 | |||
| 2024 | 0 | |||
| TOTAL | 2022 | 9 | ||
| 2023 | 49 | |||
| 2024 | 1 | |||
| Column 1 State | Column 2 Year | Column 3 Outlets at Start of Year | Column 4 Outlets Opened | Column |
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 outlets in Idaho at the start of 2022. The table provided in Item 20 of the FDD outlines the number of outlets at the start of the year, the number of outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year for each state.
For a prospective franchisee, this information is valuable in understanding the brand's presence and growth in specific markets. Seeing the number of existing Engel & Volkers outlets in Idaho at the beginning of 2022 provides a baseline for evaluating subsequent growth or changes in the market. It also allows potential franchisees to assess market saturation and the potential for new Engel & Volkers locations.
It is important to note that while the FDD provides historical data on outlet numbers, it does not guarantee future performance. Market conditions, competition, and other factors can influence the success of a franchise. Therefore, prospective Engel & Volkers franchisees should conduct their own due diligence and market research to assess the viability of a franchise in their desired location.
Overall, the data presented in the Engel & Volkers FDD offers transparency regarding the brand's footprint and historical performance, which is essential for making informed investment decisions.