What is the cost of the Supplier and Product Evaluation Fee for Degree Wellness, and when is it due?
Degree_Wellness Franchise · 2025 FDDAnswer from 2025 FDD Document
us or our affiliates. |
| Type of Fee (1) | Amount | Due Date | Remarks |
|---|---|---|---|
| Audit Expenses | Cost of audit and inspection (currently $1,200), plus any reasonable accounting and legal expenses | On demand | Payable if Continuing Franchise Fee or Fund contribution is understated by 2% or more, or you fail to submit required reports or financial statemen |
Source: Item 6 — Other Fees (FDD pages 14–21)
What This Means (2025 FDD)
According to Degree Wellness's 2025 Franchise Disclosure Document, the Supplier and Product Evaluation Fee ranges from $500 to $700, representing the cost of inspecting and testing a product sample. This fee is due on demand.
This fee is incurred if a Degree Wellness franchisee nominates a supplier, and Degree Wellness chooses to inspect or test product samples from that supplier. This evaluation helps Degree Wellness maintain quality control and ensure that all products used or sold meet their standards.
For a prospective franchisee, it's important to understand the circumstances under which this fee would be charged. If the franchisee plans to use suppliers not already approved by Degree Wellness, they should budget for this potential expense. It would be prudent to discuss supplier selection and product evaluation processes with Degree Wellness during the due diligence phase to better understand the criteria and potential costs involved.