How many Eos Worldwide outlets in Florida experienced terminations in 2023?
Eos_Worldwide Franchise · 2025 FDDAnswer from 2025 FDD Document
Table No. 3 Status of Franchised Outlets For Years 2022 through 2024
Ceased Outlets at State Outlets Outlets Non- Re- Operations Year at Start Terminations acquired by Other Reasons the End (See Note 1) of Year Opened Renewals (See Note 2) of the Year (See Note 3) Florida 2022 15 8 0 0 0 2 21 2023 21 8 0 0 0 1 28 2024 28 8 1 0 0 2 33
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 65–73)
What This Means (2025 FDD)
According to Eos Worldwide's 2025 Franchise Disclosure Document, there were eight terminations of Eos Worldwide franchises in Florida during 2023. This data is derived from Table No. 3, which outlines the status of franchised outlets from 2022 through 2024. The table provides a year-by-year breakdown of outlet activity, including the number of outlets at the start of the year, outlets opened, terminations, and outlets at the end of the year.
For a prospective franchisee, this indicates the rate of franchise terminations within the Eos Worldwide system in Florida. A high number of terminations could signal potential challenges or instability within the market. It is important to note that terminations can occur for various reasons, including franchisees choosing not to renew their agreements or failing to meet the franchisor's standards.
It is also important to consider the number of outlets opened in Florida during the same period. In 2023, 8 new Eos Worldwide outlets opened in Florida, while 1 outlet was reacquired. This suggests that while some franchisees exited the system, others joined or expanded their presence. A prospective franchisee should investigate the reasons behind the terminations and openings to gain a better understanding of the market dynamics and the overall health of the Eos Worldwide franchise in Florida.
Prospective franchisees should also review Exhibit G of the FDD, which lists franchisees who had agreements terminated, cancelled, or not renewed. Speaking with both current and former franchisees can provide valuable insights into the challenges and opportunities associated with operating an Eos Worldwide franchise in Florida.