What is the Development Fee for a Degree Wellness franchise if I plan to open 3 studios?
Degree_Wellness Franchise · 2025 FDDAnswer from 2025 FDD Document
,332 | | | | Investment | | | |
Multi-Unit Development
| TYPE OF EXPENDITURE | AMOUNT | METHOD OF PAYMENT | WHEN DUE | TO WHOM PAYMENT IS TO BE MADE |
|---|---|---|---|---|
| Development Fee | $91,500 (2 Studios) $129,500 (3Studios) | Lump sum | Upon execution of Development Agreement | Us |
| Initial Investment to Open Initial/Single Studio | $298,987 to $747,832 | Totals from Single Unit Chart of this Item 7 less the Initial Franchise Fee. | ||
| Grand Total | $390,487 to $839,332 (2 Studios) $428,487 to $877,332 (3 Studios) | This is the total estimated initial investment to enter into a Development Agreement for the right to own a total of two to three, as well as the estimated initial costs to open and begin operating your initial Studio for the first three months (as described mor |
Source: Item 7 — Estimated Initial Investment (FDD pages 22–26)
What This Means (2025 FDD)
According to Degree Wellness's 2025 Franchise Disclosure Document, the Development Fee for opening 3 studios is $129,500. This fee is paid in a lump sum upon the execution of the Development Agreement. The payment is made directly to Degree Wellness.
The Development Agreement grants you the right to open a specified number of Degree Wellness studios within a defined territory and timeframe. This fee compensates Degree Wellness for granting you these exclusive development rights and providing initial support and resources.
It's important to note that the Development Fee is separate from the Initial Franchise Fee and other costs associated with opening each individual Degree Wellness studio. The Initial Investment to open a single Degree Wellness studio ranges from $298,987 to $747,832, excluding the Initial Franchise Fee. The Grand Total, including the development fee and the initial investment for 3 studios, ranges from $428,487 to $877,332.
Prospective franchisees should carefully consider the financial commitment required for a multi-unit development project and ensure they have sufficient capital to cover all associated fees and expenses. It is also advisable to consult with a financial advisor to assess the feasibility of the development plan.