According to Engel & Volkers' 2025 Franchise Disclosure Document, franchisees are responsible for covering their own travel and accommodation expenses during training. The estimated initial investment table indicates that these expenses, which range from $5,000 to $10,000, are paid to independent vendors. This means franchisees will need to budget for these costs separately from the training fees paid directly to Engel & Volkers.

This arrangement is fairly standard in the franchise industry, where franchisees typically bear the costs of their own travel and lodging for training programs. The wide range in the estimated cost reflects the variability in travel distances, accommodation choices, and the number of individuals attending the training. Franchisees closer to the training location or those opting for more economical accommodations will likely fall on the lower end of the estimate, while those traveling from further distances or preferring higher-end lodging may incur costs closer to the upper end.

Prospective Engel & Volkers franchisees should factor these expenses into their initial investment calculations and consider strategies to minimize these costs, such as booking accommodations in advance or exploring group discounts. It is also important to clarify with Engel & Volkers the location and duration of the training to get a more precise estimate of potential travel and accommodation expenses. Understanding these costs upfront will help franchisees better manage their initial investment and ensure they are adequately prepared for the training program.