Are the additional funds amounts for a Degree Wellness franchise based on historical data?
Degree_Wellness Franchise · 2025 FDDAnswer from 2025 FDD Document
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- Additional Funds. These amounts are the additional funds to cover operating expenses including your employees' salaries and local marketing for three months. These estimates also do not take into account finance payments, charges, interest, and related costs you may incur if any portion of the initial investment is financed by a third party. These amounts are the minimum recommended levels to cover operating expenses, including your employees' salaries for three months. The amounts listed for this category are based on historical data from our affiliate locations.
Source: Item 7 — Estimated Initial Investment (FDD pages 22–26)
What This Means (2025 FDD)
According to Degree Wellness's 2025 Franchise Disclosure Document, the amounts listed for additional funds are based on historical data from their affiliate locations. These additional funds are intended to cover operating expenses, including employee salaries and local marketing, for a period of three months.
It's important to note that these estimates do not account for finance payments, charges, interest, or related costs that a franchisee might incur if they finance any portion of their initial investment through a third party. Degree Wellness recommends these amounts as the minimum needed to cover operating expenses, including employee salaries, for the first three months of operation.
Prospective franchisees should carefully consider these figures and adjust them based on their specific market conditions and anticipated costs. It is also advisable to consult with a business advisor to review these figures and determine if additional cash reserves are necessary. Understanding that these figures are based on historical data from affiliate locations, new franchisees should research and plan for their unique circumstances.