What is the estimated range of expenses for the Training Program for a Degree Wellness franchise, and who is the payment made to?
Degree_Wellness Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Expenditure | Amount | Method of Payment | When Due | To Whom Payment Is To |
|---|---|---|---|---|
| Be Made | ||||
| Franchise License Fee (1) | $49,500 to $49,500 | Lump Sum | At signing of Franchise Agreement | Us |
| Initial Training Fee | $8,000 to $8,000 | Lump Sum | At signing of Franchise Agreement | Us |
| Training Program Expenses (2) | $1,500 to $5,000 | As agreed | As incurred | Third-party providers, including airline, lodging and meals. |
Source: Item 7 — Estimated Initial Investment (FDD pages 22–26)
What This Means (2025 FDD)
According to Degree Wellness's 2025 Franchise Disclosure Document, franchisees can expect to incur expenses ranging from $1,500 to $5,000 for the Training Program. This estimate covers the costs for the franchisee and up to one additional person to attend the portion of the Initial Training Program held at a corporate training location, which is currently in Michigan. These expenses are in addition to the Initial Training Fee.
The costs associated with the Training Program include transportation, meals, and lodging. The total cost can vary depending on factors such as the distance traveled, the type of accommodations chosen, and the number of attendees. Degree Wellness notes that these costs are typically non-refundable, and advises prospective franchisees to inquire about refund policies with vendors before making any payments.
The payments for these training program expenses are made to third-party providers, including airlines, lodging facilities, and restaurants. This differs from the Initial Training Fee of $8,000, which is paid directly to Degree Wellness upon signing the Franchise Agreement. Understanding these costs is crucial for franchisees to accurately budget their initial investment and operational expenses.