Does Degree Wellness determine the amount of the Technology Fee?
Degree_Wellness Franchise · 2025 FDDAnswer from 2025 FDD Document
- 6.4 Technology Fee. You are required to pay the monthly Technology Fee, defined and discussed in Section 11.4, for certain Website and technology-related services and expenses and any fees relating to the required human resources and payroll services discussed in Section 10.7.
Source: Item 23 — Receipts (FDD pages 66–257)
What This Means (2025 FDD)
According to Degree Wellness's 2025 Franchise Disclosure Document, Degree Wellness does determine the amount of the Technology Fee. The document states that franchisees are required to pay a monthly Technology Fee for website and technology-related services, as well as fees relating to required human resources and payroll services. The Technology Fee is defined and discussed in Section 11.4 of the agreement.
This means that as a Degree Wellness franchisee, you will be obligated to pay a recurring monthly fee for technology and related services. The exact amount and details of this fee are found in Section 11.4 of the Franchise Agreement, which a prospective franchisee should carefully review.
It is important to understand what specific services are covered by the Technology Fee and how it might impact your overall operating costs. Prospective franchisees should inquire about the typical range of the Technology Fee and whether it is subject to change during the term of the franchise agreement.