What are the conditions for renewing an Eos Worldwide franchise agreement?
Eos_Worldwide Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee(1) | Amount | Due Date | Remarks |
|---|---|---|---|
| food not offered to attendees and lodging expenses, and any connection fees for virtual sessions. | |||
| Renewal Fee | Currently none. We may establish a Renewal Fee, but any Renewal Fee that we establish will not apply to the renewal of the Franchise Agreement you sign in connection with this Disclosure Document. | Not applicable. | We currently do not charge a fee for renewing your Franchise Agreement, but there are other conditions for renewal, including but not limi |
Source: Item 6 — OTHER FEES (FDD pages 17–25)
What This Means (2025 FDD)
According to Eos Worldwide's 2025 Franchise Disclosure Document, there is currently no fee for renewing a franchise agreement. However, the FDD states that there are other conditions for renewal, though they are not limited to the information provided in this document.
While a renewal fee may be established in the future, the document specifies that any such fee would not apply to the renewal of the Franchise Agreement signed in connection with the current Disclosure Document. This suggests that franchisees entering into an agreement under the 2025 FDD would be exempt from any newly introduced renewal fees.
Prospective franchisees should inquire with Eos Worldwide about the specific conditions for renewal beyond the fee. Understanding these conditions is crucial for long-term planning and ensuring the franchisee can meet the requirements for extending their franchise agreement.