How many Engel & Volkers outlets were transferred from franchisees to new owners in Arizona during 2023?

According to Engel & Volkers' 2025 Franchise Disclosure Document, there were 2 transfers of Engel & Volkers outlets from existing franchisees to new owners in Arizona during 2023. This data is based on information compiled as of December 31, 2023.

This information is relevant for prospective franchisees as it provides insight into the resale activity within the Engel & Volkers franchise system. A higher number of transfers could indicate a more active market for resales, which might offer opportunities for new franchisees to enter the system by purchasing existing businesses rather than starting from scratch. It could also signal potential challenges or turnover within the Arizona market that a potential franchisee should investigate.

It is important to note that these transfers specifically refer to those from franchisees to new owners, excluding transfers back to Engel & Volkers itself. Reviewing transfer numbers alongside other data, such as terminations and non-renewals, can provide a more comprehensive understanding of franchisee transitions within the system. Prospective franchisees should inquire about the reasons for these transfers to better assess the health and stability of Engel & Volkers franchises in Arizona.