According to Engel & Volkers's 2025 Franchise Disclosure Document, the value of the acquired master franchise license as of December 31, 2023, was $11,771,742. This figure represents the initial cost of obtaining the rights to operate and sub-franchise the Engel & Volkers brand within a specific territory. It's important to note that this value is subject to amortization, which is the process of gradually writing off the initial cost over the expected life of the asset. The franchise license itself was valued at $70,000.

The accumulated amortization, which represents the total amount of the asset's cost that has been expensed to date, was $11,841,742. After deducting the accumulated amortization from the combined value of the acquired master franchise license and the franchise license, the net intangible assets for Engel & Volkers amounted to $8,930,287 as of December 31, 2023.

For a prospective Engel & Volkers franchisee, understanding these figures is crucial for assessing the financial health and stability of the franchisor. The acquired master franchise license is a significant asset on Engel & Volkers's balance sheet, and its value reflects the brand's market presence and growth potential. The amortization expense, on the other hand, impacts the company's profitability and should be considered when evaluating its financial performance. Reviewing these figures over several years, as presented in the consolidated financial statements, can provide insights into the franchisor's long-term financial trends and investment strategies.