How many Engel & Volkers outlets were operating in Georgia at the start of 2023?
Engel_Volkers Franchise · 2025 FDDAnswer from 2025 FDD Document
| Column 1 State | Column 2 Year | Column 3 Outlets at Start of Year | Column 4 Outlets Opened | Column 5 Terminations | Column 6 Non-Renewals | Column 7 Reacquired by Franchisor | Column 8 Ceased Operations- Other Reasons | Column 9 Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| Florida | 2022 | 37 | 7 | 3 | 0 | 0 | 1 | 40 |
| 2023 | 40 | 4 | 0 | 1 | 0 | 0 | 43 | |
| 2024 | 43 | 8 | 3 | 0 | 0 | 1 | 47 | |
| Georgia | 2022 | 6 | 0 | 0 | 0 | 0 | 0 | 6 |
| 2023 | 6 | 2 | 0 | 0 | 0 | 1 | 7 | |
| 2024 | 7 | 0 | 0 | 0 | 0 | 1 | 6 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 71–88)
What This Means (2025 FDD)
According to Engel & Volkers's 2025 Franchise Disclosure Document, there were 6 Engel & Volkers outlets operating in Georgia at the start of 2023. This information is based on Table No. 3, which details the status of franchised outlets from 2022 to 2024. The table specifically lists the number of outlets at the start of each year for each state.
For a prospective franchisee, this indicates the existing market presence of Engel & Volkers in Georgia. It shows the number of established locations they would be joining. Note (1) states that all numbers are set forth as of December 31 of each year.
It's important to consider this number in conjunction with other factors, such as the number of outlets opened and closed during the year, to understand the growth and stability of the Engel & Volkers brand in Georgia. Additionally, prospective franchisees should research the performance and market share of existing locations to assess the potential for their own franchise.