factual

What is the transfer fee required by Eos Worldwide for a franchise transfer?

Eos_Worldwide Franchise · 2025 FDD

Answer from 2025 FDD Document

e submitted all required reports and statements;

  • (c) the transfe

Source: Item 23 — RECEIPTS (FDD pages 74–246)

What This Means (2025 FDD)

According to the 2025 Eos Worldwide Franchise Disclosure Document, a franchisee who wishes to transfer their franchise must pay a transfer fee of $5,000 to Eos Worldwide. This fee is one of several conditions that must be met for the transfer to be approved.

Other conditions include paying all outstanding amounts owed to Eos Worldwide and its affiliates, ensuring the transferee enters into the then-current franchise agreement, and that the transferee agrees to upgrade the franchise to meet current system standards, including attending Boot Camp at the current fees. Both the franchisee and the transferee must also sign a general release in favor of Eos Worldwide and its affiliates, releasing them from claims related to the franchise up to the transfer date.

Eos Worldwide must also approve the transfer's terms, ensuring the price and payment terms do not negatively impact the transferee's ability to operate the franchise. If the franchisee finances any part of the sale, the transferee's obligations to Eos Worldwide must take precedence over any promissory notes or security interests. Additionally, the transferring franchisee may be required to provide guidance and transitional support to the transferee for at least 90 days following the transfer.

Notably, this transfer fee is waived for certain permitted transfers, such as those to immediate family members. This provides some flexibility for franchisees looking to pass their business on to close relatives without incurring additional costs, provided Eos Worldwide's written consent is obtained.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.