What expenses are included in the Training Program Expenses for a Degree Wellness franchise?
Degree_Wellness Franchise · 2025 FDDAnswer from 2025 FDD Document
- Training Program Expenses. These are the costs that we estimate for you and up to one (1) additional person to attend the portion of our Initial Training Program that takes place at a corporate training location (currently Michigan).
In addition to the Initial Training Fee, you are responsible for the costs associated with attending training.
These costs include transportation, meals, and lodging.
Your total cost will vary based on who you choose to attend, how far they have to travel, and the type of accommodations you choose.
These costs are typically non-refundable, but you should ask about refund policies before you patronize any vendor.
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 Training Program Expenses cover the costs for the franchisee and up to one additional person to attend the initial training program at a corporate training location, which is currently in Michigan. These expenses are separate from the Initial Training Fee of $8,000. The estimated range for these expenses is between $1,500 and $5,000. These costs are paid to third-party providers such as airlines, lodging facilities, and restaurants.
The specific costs included within the Training Program Expenses are transportation, meals, and lodging. The total cost can vary based on factors such as the distance traveled, the type of accommodations chosen, and who attends the training. 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.
It is important for prospective Degree Wellness franchisees to budget accordingly for these training expenses, considering the potential for variability based on travel and accommodation choices. Understanding the non-refundable nature of these costs is also crucial for financial planning. Franchisees should confirm the exact location and duration of the training program to get a more precise estimate of these expenses.