table_specific

How many Eos Worldwide outlets in Illinois experienced terminations in 2022?

Eos_Worldwide Franchise · 2025 FDD

Answer from 2025 FDD Document

Illinois 2022 18 6 1 0 0 1 22

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 six terminations of Eos Worldwide franchises in Illinois during 2022. This information is detailed in Table No. 3, which outlines the status of franchised outlets from 2022 through 2024. The table provides a breakdown of outlet activity by state, 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 data indicates the turnover rate within the Eos Worldwide franchise system in Illinois. A high number of terminations could signal potential challenges or difficulties in operating an Eos Worldwide franchise in that specific market. It is important to note that terminations can occur for various reasons, including franchisees choosing to leave the system or not meeting the franchisor's standards.

It is also important to consider the number of outlets opened in the same period. In 2022, one outlet was reacquired and one was categorized as 'ceased operations' for other reasons, while 22 new outlets opened in Illinois. This suggests that while some franchisees exited the system, others were joining, indicating ongoing interest in the Eos Worldwide franchise opportunity within the state.

Prospective franchisees should investigate the reasons behind terminations and 'ceased operations' to gain a better understanding of the challenges and opportunities associated with operating an Eos Worldwide franchise in Illinois. This information can be gathered by speaking with current and former franchisees, as well as directly with the franchisor.

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.