How many Engel & Volkers outlets operated in Indiana at the end of 2024?
Engel_Volkers Franchise · 2025 FDDAnswer from 2025 FDD Document
| | 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 | Outlets Reacquired From Franchisee | Outlets Closed | Outlets Sold to Franchisees | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| All States | 2022 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | 0 |
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 was 1 outlet operating in Indiana at the end of 2024. The FDD provides a table outlining the status of franchised outlets from 2022 to 2024. The note accompanying the table specifies that all numbers are as of December 31st of each year.
Specifically, for Indiana, the table shows the number of outlets at the start of 2024 was 1, with no additional outlets opening, terminations, non-renewals, re acquisitions by the franchisor or ceased operations. Therefore, the number of Engel & Volkers outlets at the end of 2024 remained at 1.
This information is valuable for potential franchisees as it provides insight into the brand's presence and stability in Indiana. A consistent number of outlets might suggest a stable market, but further investigation into the performance and potential for growth in that specific location would be beneficial.