How many Engel & Volkers outlets were operating in Alabama at the start of 2022?
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 |
|---|---|---|---|---|---|---|---|---|
| Alabama | 2022 | 3 | 1 | 0 | 0 | 0 | 0 | 4 |
| 2023 | 4 | 1 | 0 | 0 | 0 | 0 | 5 | |
| 2024 | 5 | 0 | 0 | 0 | 0 | 0 | 5 |
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 franchises operating in the state of Alabama at the start of 2022. During 2022, one additional Engel & Volkers franchise opened in Alabama. There were no terminations, non-renewals, re acquisitions by the franchisor or other reasons for ceasing operations.
This means that a prospective Engel & Volkers franchisee in Alabama would have been joining a market with a small existing presence at that time. The addition of one new outlet during the year suggests some growth in the area.
It is important to note that these figures reflect the number of franchised outlets only, and do not include any company-owned operations. The numbers are also based on the status as of December 31st of each year, so any changes occurring later in the year would be reflected in the following year's data.