How many Engel & Volkers outlets were reacquired from franchisees in all states during 2023?
Engel_Volkers Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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 | 0 | 0 | |
| Totals | 2022 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | 0 | 0 | 0 |
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, across all states, there were zero outlets reacquired from franchisees during 2023. This indicates that Engel & Volkers did not repurchase any franchised locations during that year.
For a potential franchisee, this could mean that Engel & Volkers is committed to supporting its franchisees and that franchise agreements are generally stable. It could also suggest that franchisees are finding success and are not motivated to sell their locations back to the company. However, it is important to consider this data in the context of other factors, such as the number of terminations and non-renewals, to get a complete picture of franchise relationships within Engel & Volkers.
It is also worth noting that the table provides data for 2022 and 2024, which also show zero reacquired outlets. This consistent lack of re acquisitions over three years might reflect a stable franchise network. A prospective franchisee should investigate further to understand the reasons behind this stability and whether it aligns with their investment goals.