EOS Worldwide logo

EOS Worldwide Franchise

Audited Financials
Professional ServicesEst. 2008Birmingham, MI
www.eosworldwide.com

Risk Score

Pending analysis

Investment Range

$61,045 - $150,660

Franchise Fee

$2,500

Total US Locations

732

Business Summary

EOS Worldwide Franchising, LLC offers an opportunity to operate a franchised business as an EOS Implementer®. This business provides entrepreneurial training, leadership, and business development products and services to business owners, executives, and leadership teams. The services utilize EOS Worldwide Franchising, LLC's proprietary Entrepreneurial Operating System® (EOS®), which includes specific tools, products, training, and facilitation materials, methods, techniques, and procedures.

Corporate History

EOS Worldwide Franchising, LLC was formed as a Delaware limited liability company on January 11, 2021, and began offering franchises on February 16, 2021. The parent company, EOS HoldCo, LLC, is a Michigan limited liability company formed on November 13, 2008. Prior to May 2018, EOS HoldCo, LLC was owned by its founder, Gino Wickman, and his business partner, Don Tinney. In May 2018, Gino Wickman and Don Tinney sold a majority of their interest in EOS HoldCo, LLC and now operate as EOS Worldwide Implementer franchisees. EOS Worldwide, LLC (EOS OpCo), a wholly-owned subsidiary of EOS HoldCo, LLC, was formed in June 2018 and has operated the EOS Worldwide business since then, offering monthly membership subscriptions and training on EOS, and owning the primary trademarks and intellectual property. EOS Worldwide Franchising, LLC conducts business primarily as a remote company, with its principal business address in Birmingham, Michigan.

Financial Overview

Investment Range

$61,045 - $150,660

Franchise Fee (Low)

$2,500

Franchise Fee (High)

$5,000

Equipment Costs (Low)

$2,000

Equipment Costs (High)

$10,000

Working Capital

$27,315

Audited Financials

Yes

Offers Financing

No

Audit Opinion

Unqualified opinion

Financial Health Notes

EOS Worldwide Franchising, LLC appears to be financially healthy, consistently reporting net income of over $2.7 million in 2024 and $1.3 million in 2023. The company also maintains positive member's equity and its auditors issued an unqualified opinion, indicating no substantial doubt about its ability to continue as a going concern. However, it is important to note that EOS Worldwide Franchising, LLC has significant outstanding debt of approximately $17.6 million as of December 31, 2024, secured by all of its assets, which is not reflected on its balance sheets.

Financing Details

EOS Worldwide Franchising, LLC does not offer any direct or indirect financing to its franchisees. The company also does not guarantee any franchisee's notes, leases, or other obligations. While EOS Worldwide Franchising, LLC does not provide financing itself, franchisees may be eligible for expedited and streamlined SBA loan processing through the SBA's Franchise Registry Program.

Performance Metrics

Total US Locations

732

Franchised Units

732

Corporate Units

0

Franchising Since

2021

Agreement Terms

Initial Term

5 years

Renewal Term

3 years

Renewal Conditions

To renew their franchise agreement, EOS Worldwide Franchising, LLC franchisees must meet several conditions. They need to provide advance written notice, typically between 90 to 360 days, before their current term expires. Franchisees must also complete any required maintenance and upgrades to bring their franchise into full compliance with current brand standards. They must be in good standing, having satisfied all financial obligations to EOS Worldwide Franchising, LLC, its affiliates, and approved suppliers. Additionally, they are required to execute EOS Worldwide Franchising, LLC's then-current form of franchise agreement, meet current qualifications and training requirements for new franchisees, and sign a general release. Renewal is also contingent on EOS Worldwide Franchising, LLC still being in the business of offering new franchises.

Training & Support Program

Franchisor Assistance

EOS Worldwide Franchising, LLC provides various forms of assistance to its franchisees. Before opening, EOS Worldwide Franchising, LLC helps with onboarding, assigns a 180 Day Sprint Coach to prepare for Boot Camp, provides information on approved suppliers, and grants access to the confidential Operations Manual and an online training platform. EOS Worldwide Franchising, LLC also offers an optional Warm Leads Program and a start-up package of training materials and marketing collateral. After opening, ongoing assistance includes providing dedicated EOS email addresses, listing the franchise in its online directory, offering continuous updates and programs related to EOS and the system, and providing consultation by telephone, email, or virtual meetings on topics such as services, sales techniques, and client relations. EOS Worldwide Franchising, LLC may also make employees or other designees available for ongoing advice, administer a Brand Development Fund if established, manage a referral fee program for new franchisees, set up the EOS One Referral Program, and may hold annual conferences and quarterly collaborative exchanges (QCEs). Optional administrative, bookkeeping, or additional technology services may also be offered for an extra fee.

Initial Training Hours

27

Training Location

Detroit, MI and Denver, CO

Ongoing Support

EOS Worldwide Franchising, LLC provides its franchisees with continuous support after their initial Boot Camp training. This includes ongoing access to an online training platform, regular updates on information and programs related to the EOS Franchise System, and consultation services via phone, email, or virtual meetings regarding business operations, sales techniques, and client relations. EOS Worldwide Franchising, LLC also has an Implementer Development Program, which includes a 180 Day Sprint coach for the first six months, followed by guidance from a Professional leader and access to experienced Implementers. Franchisees participate in Quarterly Collaborative Exchanges (QCEs) for continuing education and networking, with registration for one QCE per quarter included in their monthly fee. Optional additional training workshops are also available for specific areas of interest. EOS Worldwide Franchising, LLC may also hold an annual EOS Conference, which Implementers can attend if a certain number of their clients register.

Franchise Requirements

Ideal Candidate Profile

EOS Worldwide Franchising, LLC seeks entrepreneurial individuals who possess strong personal skills, experience, and financial ability, and who exemplify the company's Core Values. Ideal candidates are those willing to undertake the investment and effort required to operate an EOS Implementer business. They are not required to operate the business full-time, which allows for other passions. Franchisees must act as the sole Implementer for their business, personally providing all EOS Services to clients and attending all Implementer trainings. While not explicitly stated as a requirement, the nature of the business in providing 'business development products and services' and the emphasis on 'generating your own Warm Leads to build your Client list' implies that a sales-minded entrepreneur would be an ideal fit.

Industry Experience Required

No

Management Experience Required

No

Sales Experience Required

Yes

Technical Skills Required

No

Operational Details

Location Type

Home-Based

Owner Participation

Part-Time

Territory Type

Non-Exclusive

Staffing Notes

For an EOS Worldwide Franchising, LLC franchise, the franchisee is required to be the sole Implementer providing all services to clients. Any additional personnel, employees, or administrative staff are optional and cannot perform the core 'Implementer Services.' Franchisees are solely responsible for all hiring, firing, evaluation, and compensation decisions for any such administrative staff. Personnel who have access to the Operations Manual, client data, or other confidential information must maintain strict confidentiality, and EOS Worldwide Franchising, LLC may require them to sign confidentiality agreements. EOS Worldwide Franchising, LLC does not provide support or training for these optional employees and does not control them.