What is the estimated range for Leasehold Improvements for a Degree Wellness franchise?
Degree_Wellness Franchise · 2025 FDDAnswer from 2025 FDD Document
TMENT YOUR ESTIMATED INITIAL INVESTMENT**
Single Studio
| 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 Su |
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 estimated cost for leasehold improvements ranges from $138,952 to $384,621. These expenses cover the costs to improve the premises of the Degree Wellness studio to meet brand-specific standards. These costs are typically arranged and invoiced through a third-party provider.
The FDD notes that the actual costs may vary based on factors such as prevailing labor rates and the specific characteristics of the premises. The higher end of the estimated range accounts for potential tenant improvement allowances, with the high end based on a "Dark Shell" premises compared to the low end which was considered a "White Box".
Prospective Degree Wellness franchisees should carefully consider these costs and research local market conditions to refine their estimates. They should also inquire about potential tenant improvement allowances from landlords, as these can significantly impact the final cost of leasehold improvements. Understanding the difference between a "Dark Shell" and a "White Box" premises is also crucial for accurate budgeting.