On what day does the initial five-year term for an Eos Worldwide franchise end?
Eos_Worldwide Franchise · 2025 FDDAnswer from 2025 FDD Document
| Provision | Section Franchise Agreement | in Summary |
|---|---|---|
| a. | 2.2 | Five (5) year term ending on the last day of the calendar month |
| Length of the franchise term | following your five-year anniversary. | |
| b. Renewal or extension of the term | 2.3 | The franchise may be renewed for up to two 3-year year terms if you are in good standing and we are still in the business of offering and selling new EOS Worldwide franchises. |
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION (FDD pages 54–59)
What This Means (2025 FDD)
According to the 2025 Eos Worldwide Franchise Disclosure Document, the initial franchise term is five years. The franchise agreement specifies that the five-year term concludes on the last day of the calendar month following the franchise's five-year anniversary.
For a prospective Eos Worldwide franchisee, this means that if their franchise begins on any day in, for example, March of a given year, the initial five-year term will end on the last day of March five years later. This structure provides a clear and consistent method for determining the end date of the franchise term, which is important for planning and potential renewal considerations.
Eos Worldwide also offers the possibility of renewing the franchise for up to two additional three-year terms, provided the franchisee is in good standing and Eos Worldwide is still offering and selling new franchises. The requirements for renewal include providing prior notice, completing required maintenance and upgrades, meeting all financial obligations, and executing the then-current franchise agreement, which may contain materially different terms than the original agreement.