What costs are included in 'Rent and Lease' for a Degree Wellness franchise?

According to Degree Wellness's 2025 Franchise Disclosure Document, the 'Rent and Lease' expense includes the base rent payment in addition to all related NNN (triple net) costs. NNN costs specifically cover common area maintenance, insurance obligations, and tax-related obligations as defined under the lease agreement.

For a prospective Degree Wellness franchisee, understanding this definition is crucial for accurately forecasting operating expenses. Rent and lease costs can vary significantly depending on the location and lease terms. The inclusion of NNN costs means that franchisees must budget not only for the base rent but also for the additional expenses associated with maintaining the property and covering related taxes and insurance.

It is important for potential Degree Wellness franchisees to carefully review the lease agreement for their specific location to fully understand the financial obligations associated with rent and lease. This will help in creating a realistic financial model and ensuring the long-term profitability of the franchise. Paying close attention to these details can help avoid unexpected costs and ensure a smoother operation of the Degree Wellness studio.