What payments must be made to Eos Worldwide prior to opening a Franchised Business?
Eos_Worldwide Franchise · 2025 FDDAnswer from 2025 FDD Document
Prior to the opening of your Franchised Business, you must pay to us all amounts that are due and owing.
You may not open your Franchised Business until (1) all amounts owed to us have been paid, (2) you have provided to us proof of insurance coverage, (3) all supplies have been purchased according to our specifications, (4) you complete Boot Camp training, (5) your website content is uploaded; and (6) you satisfy any other requirements of new franchisees under the Franchise Agreement.
The costs for these materials are not included in the Initial Franchise Fee or Boot Camp Fee.
Source: Item 11 — Franchisor's Assistance, Advertising, Computer Systems, and Training (FDD pages 32–43)
What This Means (2025 FDD)
According to Eos Worldwide's 2025 Franchise Disclosure Document, prior to opening a franchised business, a franchisee must pay all outstanding amounts owed to Eos Worldwide. Additionally, the franchisee must provide proof of insurance coverage and purchase all supplies according to Eos Worldwide's specifications. The franchisee is also required to complete Boot Camp training and ensure their website content is uploaded. Finally, the franchisee must satisfy any other requirements for new franchisees as outlined in the Franchise Agreement.
Specifically, the costs for the start-up package or initial inventory of training binders, other materials, and marketing collateral are not included in the Initial Franchise Fee or Boot Camp Fee. The size and composition of the start-up package or initial inventory, along with corresponding fees, may vary depending on the franchisee's business, location, and other factors.
It is important to note that the franchisee cannot open their Eos Worldwide franchised business until all these conditions are met. Failure to commence operations within the specified timeframes may result in the termination of the Franchise Agreement. Therefore, prospective franchisees should carefully review the Franchise Agreement and related documents to understand all financial obligations and other requirements before opening their business.