Engel & Volkers FDD – Franchise Information, Costs and Fees
Type of Business
The franchise offered is the right to own and operate an Engel & Völkers Residential Real Estate Brokerage for the marketing of residential property.
Corporate Information
Engel & Völkers Americas, Inc. is a Delaware corporation that was incorporated on November 17, 2005. They began operations in February 2006 under the name Engel & Völkers U.S. Holdings, Inc. and they changed names to Engel & Völkers Americas, Inc. on February 28, 2018. Their principal place of business is at 430 Park Avenue, 11th Floor, New York, NY 10022.
Investment
The total investment necessary to begin operation of an Engel & Völkers Residential Real Estate Brokerage franchise is $91,690 to $288,592 for a conversion real estate brokerage and $176,690 to $423,592 for a start-up real estate brokerage. This includes the $35,690 to $43,092 that must be paid to the franchisor or its affiliate.
