What is the amount of the initial franchise fee for a Degree Wellness franchise?
Degree_Wellness Franchise · 2025 FDDAnswer from 2025 FDD Document
cipate that an advisory council would serve in an advisory capacity, but may grant to the advisory council any operational or decision-making powers that we deem appropriate. We, or one of more of our affiliated companies or persons, may also offer separate, optional, advisory councils or groups that may have additional costs to you should you decide to participate.
6. FEES.
- 6.1 Initial Franchise Fee. You agree to pay us the initial franchise fee (the "Initial Franchise Fee") set forth below when you sign this Agreement. In recognition of the expenses we incur in furnishing assistance and services to you, you agree that we will have fully earned the Initial Franchise Fee, and that is due and non-refundable when you sign this Agreement.
- a. Your Initial Franchis
Source: Item 23 — Receipts (FDD pages 66–257)
What This Means (2025 FDD)
According to Degree Wellness's 2025 Franchise Disclosure Document, the initial franchise fee is $49,500. This fee is payable when the franchise agreement is signed. Degree Wellness recognizes that the fee is fully earned upon signing the agreement due to the expenses they incur in providing assistance and services to the franchisee. As such, the initial franchise fee is non-refundable.
It is important to note that if a prospective franchisee is signing the agreement as part of a development agreement, the development fee paid under that agreement will satisfy the initial franchise fee requirement. Any deposits previously paid by the franchisee will be credited towards the initial franchise fee.
This initial franchise fee is a standard practice in the franchise industry, serving to compensate the franchisor for the initial costs associated with setting up a new franchisee. Prospective franchisees should factor this non-refundable fee into their initial investment calculations and understand the terms under which it is paid and considered earned by Degree Wellness.