factual

Besides the Initial Training Fee, what additional expenses are Degree Wellness franchisees responsible for when attending the Initial Training Program?

Degree_Wellness Franchise · 2025 FDD

Answer from 2025 FDD Document

In addition to the Initial Training Fee, you are responsible for the costs associated with attending training.

These costs include transportation, meals, and lodging.

Your total cost will vary based on who you choose to attend, how far they have to travel, and the type of accommodations you choose.

These costs are typically non-refundable, but you should ask about refund policies before you patronize any vendor.

Source: Item 7 — Estimated Initial Investment (FDD pages 22–26)

What This Means (2025 FDD)

According to Degree Wellness's 2025 Franchise Disclosure Document, in addition to the $8,000 Initial Training Fee, franchisees are responsible for covering certain costs associated with attending the Initial Training Program. These expenses are for the franchisee and up to one additional person to attend the portion of the training program that takes place at a corporate training location, which is currently in Michigan. These additional costs include transportation, meals, and lodging. The estimated range for these 'Training Program Expenses' is between $1,500 and $5,000, payable as incurred to third-party providers such as airlines, hotels, and restaurants.

The actual amount a franchisee spends on these training-related expenses will vary based on factors such as the distance traveled, the choice of accommodations, and who attends the training. Degree Wellness notes that these costs are typically non-refundable, so franchisees should inquire about refund policies with vendors before making reservations or payments. It is important for prospective franchisees to budget accordingly for these expenses, as they are in addition to the initial franchise fee and other startup costs.

Franchisors commonly require franchisees to cover their own travel and lodging expenses during training, so this is not unusual. However, the range of $1,500 to $5,000 indicates that these costs could be significant, especially for franchisees who live far from the training location or who choose more expensive travel or lodging options. Therefore, prospective Degree Wellness franchisees should carefully consider these potential expenses when evaluating the overall cost of investing in the franchise.

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.