Engel & Voelkers Franchise

Real Estate

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The neighborhood specialist with the worldwide system! Gotten to be a piece of the element, growing and fruitful worldwide system Engel and Voelkers with more than 200 land shops to its name. Engel and Voelkers is one of the main licensors for operators with practical experience in promoting prestigious properties around the world. A notable brand name, proficient advertising devices inside our own particular universal system, a creative IT idea and our own design and openings. Gotten to be a piece of the global Engel and Voelkers cooperation and demand more information on our authorizing idea. The Company, founded in Hamburg in 1977, Engel and Voelkers is universally recognized as the main land organization for purchasing and offering top of the line private properties in premium areas. Our European style shops pass on more than simply our social beginnings. They symbolize the look and feel of our unmistakably rich brand and exhibit our own dedication to perfection in all that we accomplish for our clients and accomplices. Today, another Engel and Voelkers property shop opens like clockwork some place far and wide! The marvelous development of Engel and Voelkers is because of the advancement of the very acclaimed authorizing (or diversifying) framework. During 2006 business expanded by a unimaginable 59% (Engel and Voelkers created organization income of 122.7 million Euro in 2006 contrasted with 82.5 million Euro in 2005).

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Please Note: The operators of Engel & Voelkers, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Engel & Voelkers website.

How much does it cost to open a Engel & Voelkers Franchise ?

The investment required to open a Engel & Voelkers Franchise is between $176,000 - $320,500 . There is an initial franchise fee of $25,000 which grants you the license to run a business under the Engel & Voelkers name.

Individual Franchise Costs

  • Initial Investment:
    $176,000 -
  • Initial Franchise Fee:
    $25,000
  • Royalty Fee:
    6%
  • Advertising Fee:
    1.50%

Expense In-House Third Party
Franchise Fee N/A N/A
Startup Costs N/A N/A
Equipment N/A N/A
Inventory N/A N/A
Accounts Receivable N/A N/A
Payroll N/A N/A

Training
Knowledge as a competitive factor The increasingly dynamic development of the markets calls for specialisation and sound expertise. Engel & Voelkers recognised the signs of the times early on and established its own academy in 1996 to provide a sound professional education to all company employees. During a six-day basic training course our new employees get to know the innovative Engel & Voelkers marketing system in a three-step programme. Among other things, the course subjects comprise questions of corporate identity and software seminars for the specially developed program "Global Office" as well as practice-oriented sales seminars. The training takes place regularly in the seminar room of the DJZ (German-Japanese Centre) at the Stadthausbroecke in Hamburg. Local seminars in the respective countries can be organized with a minimum of 6 participants.

Engel & Voelkers Growth History

When did the first Engel & Voelkers open? 1977
When did Engel & Voelkers start Franchising ? 1998


How much does a Engel & Voelkers Franchise owner make?

How much money you could make as a Engel & Voelkers Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a Engel & Voelkers Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.

Initial Investment
$25,000 - $320,500
Initial Franchise Fee
$25,000
Royalty Fee
6%
Advertising Fee
1.50%
Engel & Voelkers Franchise Opportunity viewed times by investors.
 

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