What are the two primary lines of business for Engel & Volkers?
Engel_Volkers Franchise · 2025 FDDAnswer from 2025 FDD Document
We have two primary lines of business: a real estate brokerage franchise program (described in this FDD) and a yachting brokerage franchise program. Those two lines of business constitute our entire business.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 8–15)
What This Means (2025 FDD)
According to Engel & Volkers's 2025 Franchise Disclosure Document, the company has two main business lines. These are the real estate brokerage franchise program and the yachting brokerage franchise program. These two lines of business represent the entirety of Engel & Volkers's business operations.
For prospective franchisees, this means that Engel & Volkers offers opportunities in both residential real estate and yachting. The real estate franchise program involves granting master franchises and direct franchises, primarily focusing on the residential property segment. This includes opening and operating Engel & Volkers Residential Real Estate Brokerages for marketing residential properties, utilizing the Engel & Volkers system, and accessing a worldwide client platform. Master franchisees also have the option to grant subfranchises to third parties.
The yachting brokerage franchise program provides another avenue for franchisees interested in the yachting sector. Engel & Volkers offers franchise agreements for operating Engel & Volkers Yachting Brokerages in select states such as New York, California, and Florida. This dual focus allows franchisees to choose a business line that aligns with their interests and market opportunities.
It is important to note that Engel & Volkers does not engage in any other business activities or sell franchises in other lines of business. This specialization in real estate and yachting brokerage could provide a focused approach for franchisees, but it also means that the success of the franchise is heavily dependent on these two sectors.