When is the Alterations Fee due to Degree Wellness?
Degree_Wellness Franchise · 2025 FDDAnswer from 2025 FDD Document
revent any other irreparable harm to our interests. |
| Type of Fee (1) | Amount | Due Date | Remarks |
|---|---|---|---|
| Indemnification | All amounts (including attorneys' fees) incurred by us or otherwise required to be paid | As incurred Payable to indemnify us, our affiliates, and our and their respective owners, officers, directors, employees, agents, successors, and assigns against all claims, liabilities, costs, and expenses, whether asserted by third parties or us, your acts, omissions, and operation | |
| Alterations Fee | All amounts incurred by us |
Source: Item 6 — Other Fees (FDD pages 14–21)
What This Means (2025 FDD)
According to Degree Wellness's 2025 Franchise Disclosure Document, the Alterations Fee is due 'as incurred.' This means that the fee becomes payable at the time Degree Wellness incurs costs related to rectifying any unauthorized alterations or improvements made to the studio by the franchisee.
Specifically, this fee is charged if a franchisee makes changes to their Degree Wellness studio without obtaining prior approval from the franchisor. If Degree Wellness then has to step in to correct or reverse those unapproved alterations, the franchisee will be responsible for covering all costs incurred by Degree Wellness in the process.
For a prospective Degree Wellness franchisee, this highlights the importance of adhering to the franchisor's guidelines and obtaining necessary approvals before making any modifications to the studio's layout, design, or structure. Failing to do so could result in unexpected expenses in the form of alteration fees.