factual

Where are the criteria for each tier described for Eos Worldwide franchisees?

Eos_Worldwide Franchise · 2025 FDD

Answer from 2025 FDD Document

We have established certain criteria for each of our tiers. Our criteria and the rights associated with each tier is described in Item 12 below and outlined in detail in our Operations Manual and may change from time to time at our discretion. If you meet the criteria outlined in the Operations Manual and elect to upgrade your tier, then you will pay the Membership Fee for that tier commencing the month your tier changes. Upgrading your tier is optional. If you fail to meet the criteria outlined in the Operations Manual resulting in us downgrading your tier, then you will pay the Monthly Membership Fee for that tier commencing the month you are downgraded. Implementers may also submit requests to downgrade their tier. We must approve any requests to downgrade your tier. After you upgrade your tier, we may place continuing ongoing qualifications, requirements or other necessary credentials you must satisfy to preserve your upgraded tier status.

Source: Item 6 — OTHER FEES (FDD pages 17–25)

What This Means (2025 FDD)

According to the 2025 Eos Worldwide Franchise Disclosure Document, the criteria for each tier and the rights associated with each tier are described in Item 12 and outlined in detail within the Eos Worldwide Operations Manual. These criteria and rights may change at the franchisor's discretion.

If a franchisee meets the criteria in the Operations Manual and chooses to upgrade their tier, they will pay the Membership Fee for the new tier starting the month the tier changes. Upgrading is optional for franchisees. Conversely, if a franchisee fails to meet the criteria, resulting in a tier downgrade, they will pay the Monthly Membership Fee for the lower tier starting the month they are downgraded. Franchisees can also request a downgrade, but Eos Worldwide must approve such requests.

After a tier upgrade, Eos Worldwide may impose ongoing qualifications, requirements, or credentials that the franchisee must meet to maintain the upgraded tier status. It is important for prospective franchisees to review Item 12 and the Operations Manual carefully to understand the specific criteria, obligations, and potential changes related to tier levels, as these factors directly impact the fees and requirements associated with the Eos Worldwide franchise.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.