According to Engel & Volkers's 2025 Franchise Disclosure Document, the net value of property and equipment in 2023, after deducting accumulated depreciation and amortization, was $541,881. This figure represents the depreciated value of assets such as office equipment, furniture, fixtures, and leasehold improvements that Engel & Volkers owned and used in its operations during that year. The initial cost of these assets is reduced over their useful lives through depreciation and amortization, reflecting their wear and tear or obsolescence.

For a prospective franchisee, this indicates the level of investment Engel & Volkers itself has made in its physical assets to support its franchising operations. It's important to note that this figure does not reflect the investments that individual franchisees would need to make in their own locations, but rather the assets held by the parent company. The net value provides a snapshot of the company's financial position and its approach to managing and accounting for its tangible assets.

Understanding the depreciation methods and useful lives of assets, as mentioned in the FDD, can be useful for franchisees as they plan their own capital expenditures and forecast their financial performance. While the document specifies that Engel & Volkers uses the straight-line method for depreciation, franchisees should consult with financial advisors to determine the most appropriate methods for their own businesses, considering their specific circumstances and local regulations.