What is the name of the document that the receipt acknowledges for Eos Worldwide?
Eos_Worldwide Franchise · 2025 FDDAnswer from 2025 FDD Document
This Disclosure Document summarizes certain provisions of the Franchise Agreement and other information in plain language. Read this Disclosure Document and all agreements carefully.
If EOS Worldwide Franchising, LLC offers you a franchise, it must provide this Disclosure Document to you fourteen (14) calendar days before you sign a binding agreement with, or make a payment to, the franchisor or an affiliate in connection with the proposed franchise sale.
New York requires that we give you this Disclosure Document at the earlier of the first personal meeting or ten (10) business days before the execution of the franchise or other agreement or the payment of any consideration that relates to the franchise relationship. Michigan requires that we give you this Disclosure Document at least ten (10) business days before the execution of any binding franchise or other agreement or the payment of any consideration, whichever occurs first.
If EOS Worldwide Franchising, LLC does not deliver this Disclosure Document on time or if it contains a false or misleading statement, or a material omission, a violation of federal law and state law may have occurred and should be reported to the Federal Trade Commission, Washington, D.C. 20580 and the state agency listed on Exhibit C.
The franchisor is EOS Worldwide Franchising, LLC located at 2254 Cole Street, Suite 130, Birmingham, MI 48009. Its telephone number is (248) 278-8220. The following individuals may act as EOS Worldwide Franchising, LLC's in connection with the offering of this franchise: Mark O'Donnell, Matt Roush, Lauren Shaver and Adam Chopp.
Issuance Date: March 25, 2025.
EOS Worldwide Franchising, LLC authorizes the agents listed on Exhibit C to receive service of process in the respective states. I received a Disclosure Document dated March 25, 2025 that included the following Exhibits:
Source: Item 22 — CONTRACTS (FDD page 74)
What This Means (2025 FDD)
According to the 2025 Eos Worldwide Franchise Disclosure Document, the receipt acknowledges that the franchisee has received the 'Disclosure Document.' The receipt confirms that this document summarizes key provisions of the Franchise Agreement and provides other important information.
Eos Worldwide is required to provide this Disclosure Document to prospective franchisees at least 14 calendar days before they sign any binding agreement or make any payment related to the franchise. This waiting period allows potential franchisees to carefully review the document and seek professional advice before committing to the franchise. Some states, like New York and Michigan, have specific requirements regarding the timing of the Disclosure Document delivery.
The Disclosure Document includes vital information about Eos Worldwide, such as the franchisor's contact information, issuance date, and authorized agents. It also contains exhibits with additional details, such as financial statements, lists of franchisees, and other relevant agreements. The receipt serves as proof that the franchisee received this important document within the legally mandated timeframe.
If Eos Worldwide fails to deliver the Disclosure Document on time, or if the document contains false or misleading information, it could be a violation of federal and state laws. Prospective franchisees are advised to report any such violations to the Federal Trade Commission and the relevant state agency.