According to Engel & Volkers' 2025 Franchise Disclosure Document, the company's total intangible assets, net, amounted to $8,321,404 as of December 31, 2024. This figure reflects the value of assets that are not physical, such as franchise licenses, after accounting for accumulated amortization. In comparison, the value of intangible assets, net, was $8,930,287 as of December 31, 2023.

Intangible assets for Engel & Volkers primarily consist of the acquired master franchise license valued at $11,771,742 and franchise licenses valued at $70,000. The accumulated amortization against these assets totaled $3,520,338 as of December 31, 2024. Amortization expense on intangible assets was $608,883 for each of the years ended December 31, 2024, 2023 and 2022, respectively.

For a prospective Engel & Volkers franchisee, understanding the composition and amortization of intangible assets is crucial. These assets, particularly the franchise licenses, are fundamental to the franchise's operations and brand recognition. The consistent amortization expense indicates a predictable reduction in the value of these assets over time, which can impact the company's financial statements and potentially influence investment decisions. Reviewing the estimated amortization expense for the coming years can provide insights into the future financial planning and asset management of Engel & Volkers.