What is the maximum incremental monthly increase allowed for the Eos Worldwide Technology Fee?
Eos_Worldwide Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee(1) | Amount | Due Date | Remarks |
|---|---|---|---|
| Technology Fee(7) | Currently, we do not have a Technology Fee. We may establish a Technology Fee in the future, but we will limit the fee initially to no more than $100 per month, and will not increase the fee more than once in a calendar year and any incremental fee increase will not exceed $100 per month ($1,200 annually) in any calendar year during the initial term of your Franchise Agreement. | Determined if and when the Technology Fee is established, likely would be payable in the same manner and at the same time as the Monthly Membership Fee. | We reserve the right to establish this fee and increase this fee, in each case upon thirty (30) days' notice to you. See Note 7 |
Source: Item 6 — OTHER FEES (FDD pages 17–25)
What This Means (2025 FDD)
According to Eos Worldwide's 2025 Franchise Disclosure Document, while there is currently no Technology Fee, Eos Worldwide reserves the right to establish one in the future. If implemented, the initial fee will not exceed $100 per month. Furthermore, any incremental fee increase will not exceed $100 per month, amounting to a maximum of $1,200 annually, during the initial term of the Franchise Agreement. Eos Worldwide will provide franchisees with thirty days' notice before establishing or increasing this fee.
This policy provides some predictability for franchisees regarding potential technology costs. However, it's important to note that Eos Worldwide retains the right to establish the fee and increase it, albeit with limitations on the initial amount and annual incremental increases. The fee would likely be payable in the same manner and at the same time as the Monthly Membership Fee.
Prospective franchisees should consider the potential impact of this fee on their overall operating costs. While the initial and incremental limits are defined, the actual implementation and subsequent increases could affect profitability. It would be prudent for potential franchisees to inquire about Eos Worldwide's long-term technology roadmap and anticipated technology-related expenses to better assess the potential financial impact of this fee over the term of the franchise agreement.