How many Engel & Volkers outlets were operating in Idaho at the start of 2022?
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 |
|---|---|---|---|---|---|---|---|---|
| Idaho | 2022 | 3 | 1 | 0 | 0 | 0 | 0 | 4 |
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 operating in Idaho at the start of 2022. During 2022, one additional Engel & Volkers outlet opened in Idaho. There were no terminations, non-renewals, re acquisitions by the franchisor or other reasons for ceasing operations. Therefore, Engel & Volkers ended 2022 with 4 outlets in Idaho.
For a prospective franchisee, this information indicates the existing presence and growth of Engel & Volkers in Idaho. It can be helpful to understand the market dynamics and potential for further expansion in the state. Reviewing the performance of existing locations and understanding the reasons for any closures or transfers can provide valuable insights.
It's important to note that past performance does not guarantee future results. However, analyzing trends in outlet openings, closures, and transfers can help potential franchisees assess the stability and growth potential of the Engel & Volkers franchise system in specific geographic areas.