factual

What billing system must a Degree Wellness franchisee become active on?

Degree_Wellness Franchise · 2025 FDD

Answer from 2025 FDD Document

Agreement or promptly after receiving notice from us about our requirement for your to sign the Service Agreement. [The terms and conditions of any such Service Agreement are hereby incorporated herein by reference (the "Additional Terms and Conditions"). A copy of any such Service Agreement shall be attached to this Agreement as Exhibit 4.]

  • c. Your full implementation of our computer system and software requirements, including our designated billing system, is a crucial part of your Studio's start-up and operation, and you and we agree that the Computer System requirements are a top priority. Accordingly, if you do not fully implement our designated Computer System, including required software (called "going live") within acceptable timeframes, you will be required to pay additional fees to us, as follows:
    • o If you have not "gone live" within two (2) months after the conclusion of your initial training program, you will be required to pay a fee of $500.00 per month for each month thereafter, due and payable on the first (1st) day of each calendar month in such period with no pro-rations for partial months; and
    • o If you have not "gone live" within six (6) months, the fee will be increased to $1,000.00 per month commencing within the sixth

Source: Item 23 — Receipts (FDD pages 66–257)

What This Means (2025 FDD)

According to Degree Wellness's 2025 Franchise Disclosure Document, franchisees must fully implement the brand's designated computer system, including the designated billing system, as a crucial part of the studio's start-up and operation. Degree Wellness considers these computer system requirements a top priority for franchisees.

If a Degree Wellness franchisee fails to fully implement the designated computer system, including the required software, within acceptable timeframes, they will be required to pay additional fees. Specifically, if the franchisee has not "gone live" within two months after the conclusion of their initial training program, they will be required to pay a fee of $500 per month for each month thereafter. This fee is due and payable on the first day of each calendar month, without any pro-rations for partial months.

Furthermore, if a Degree Wellness franchisee has not "gone live" within six months after the conclusion of the initial training program, the fee increases to $1,000 per month, commencing within the sixth month after training. These fees are in addition to any other rights and remedies that Degree Wellness may exercise under Section 15 or any other provision of the Franchise Agreement. Degree Wellness also requires franchisees to maintain a dedicated high-speed internet service or connection for communication purposes.

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.