For Engel & Volkers outlets, what is the annual gross revenue range for Tier 1?
Engel_Volkers Franchise · 2025 FDDAnswer from 2025 FDD Document
| Tier | Annual Gross Revenues (reported and paid on a calendar year basis) From To | National Marketing Fund Fee Rate | |
|---|---|---|---|
| 1 | $0 | $2,000,000 | 2.00% |
Source: Item 23 — RECEIPTS (FDD pages 88–302)
What This Means (2025 FDD)
According to Engel & Volkers' 2025 Franchise Disclosure Document, Tier 1 Engel & Volkers franchises have an annual gross revenue ranging from $0 to $2,000,000. This revenue range is used to determine the National Marketing Fund Fee Rate, which for Tier 1 is 2.00%.
This information is important for prospective franchisees as it provides insight into the potential revenue levels and associated marketing costs at different stages of business growth. Understanding these tiers helps in financial planning and assessing the scalability of the Engel & Volkers franchise.
The tiered structure for the National Marketing Fund Fee Rate means that franchisees contribute a percentage of their gross revenue to the fund, with the percentage decreasing as revenue increases. This model is designed to support both new and established franchisees, aligning marketing contributions with revenue levels.