What was the total revenue for Engel & Volkers opened franchise units in 2024?

According to Engel & Volkers' 2025 Franchise Disclosure Document, the revenue for opened franchise units in 2024 was $646,254. This figure represents the income generated specifically by Engel & Volkers franchise locations that were operational during that year. This contrasts with revenue from franchise units not yet opened, which amounted to $327,894 in the same period. These figures are part of the overall financial performance metrics that Engel & Volkers provides to give potential franchisees an overview of revenue streams associated with different stages of franchise operation.

For a prospective Engel & Volkers franchisee, understanding the revenue generated by opened units is crucial for projecting potential income and assessing the financial viability of their investment. The difference between revenue from opened versus not-yet-opened units highlights the importance of timely opening and operation of the franchise. It also demonstrates the revenue impact of pre-opening activities versus active business operations.

It's important to note that this revenue figure does not represent the franchisee's profit, as it does not account for the costs associated with running the franchise, such as operating expenses, royalties, and other fees. However, it provides a key indicator of the revenue-generating potential of an Engel & Volkers franchise once it is fully operational. Franchisees should carefully consider this figure in conjunction with other financial data provided in the FDD to develop a comprehensive understanding of the potential financial outcomes of investing in an Engel & Volkers franchise.