What was the total amount of franchise fees collected by Eos Worldwide in 2024?
Eos_Worldwide Franchise · 2025 FDDAnswer from 2025 FDD Document
y is no longer subject to tax examinations by the U.S. federal, state or local tax authorities for the years before 2019.
Management evaluation subsequent events: The Company has performed an evaluation of subsequent events through March 24, 2025, which is the date the financial statements were available to be issued.
Note 2. Related-Party Transactions
The Company has entered into an expense sharing agreement with the Affiliate. The Affiliate pays all expenses on behalf of the Company and allocates expenses, including payroll, advertising, information technology, interest and other operating expenses, to the Company based on the terms stipulated in the expense sharing agreement.
The Affilia
Source: Item 22 — CONTRACTS (FDD page 74)
What This Means (2025 FDD)
Based on the 2025 FDD, it is not possible to determine the total amount of franchise fees collected by Eos Worldwide in 2024. While the document includes financial statements and an independent auditor's report, it does not explicitly state the total franchise fees collected. The document does mention related-party transactions, specifically an amount due from an affiliate, but this is not directly related to franchise fee revenue. A prospective franchisee should ask Eos Worldwide directly for the specific amount of franchise fees collected during 2024 to gain a clear understanding of the company's revenue streams from franchising activities. This information is essential for evaluating the financial health and performance of the franchise system. Without this information, it is difficult to assess the overall financial stability and success of Eos Worldwide's franchising operations. Obtaining this data would allow potential franchisees to make a more informed decision about investing in an Eos Worldwide franchise.