How many renewal terms are available for an Eos Worldwide franchise?
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. |
| c. Requirements for franchisee to renew or extend | 2.3 | Requirements include: (i) you provide us the prior notice required in the Franchise Agreement; (ii) you complete, to our satisfaction all maintenance and upgrading necessary we require; (iii) you are in good standing; (iv); you satisfy all monetary obligations you owe us, our affiliates, and our Approved Suppliers; (v) you execute our then current form of Franchise Agreement; (vi) you satisfy our then-current requirements for new franchisees and our training requirements; (vii) you and your applicable co-owners sign a general release; and (viii) we are still in the business of offering and selling new EOS franchises. The then-current standard Franchise Agreement may contain materially different terms and conditions than your original Franchise Agreement. |
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, an Eos Worldwide franchise can be renewed for up to two 3-year terms. This means that after the initial 5-year franchise term, a franchisee in good standing has the option to extend their agreement for an additional six years, distributed across two renewal periods.
However, this renewal is contingent upon several conditions. The franchisee must provide the required prior notice, complete all necessary maintenance and upgrades to Eos Worldwide's satisfaction, remain in good standing, and fulfill all monetary obligations to Eos Worldwide, its affiliates, and approved suppliers.
Furthermore, franchisees must execute the then-current form of the Franchise Agreement, which may contain materially different terms and conditions than the original agreement. They must also meet the then-current requirements for new franchisees, including training. Both the franchisee and any co-owners must sign a general release. Finally, Eos Worldwide must still be in the business of offering and selling new Eos Worldwide franchises at the time of renewal. These stipulations ensure that only qualified and compliant franchisees can continue operating under the Eos Worldwide brand, and that the franchise agreement remains current with Eos Worldwide's evolving standards and practices.