When was Degree Wellness Franchise, LLC organized?
Degree_Wellness Franchise · 2025 FDDAnswer from 2025 FDD Document
isor**
The franchisor is Degree Wellness Franchise, LLC. For ease of reference in this Disclosure Document, Degree Wellness Franchise, LLC will be referred to as "Degree Wellness," "we," or "us." "You" means the franchisee, person, or legal business entity (including a corporation, partnership, limited liability company, or other legal entity (collectively, "legal entity") and its owners, officers, and directors, that is buying the franchise.
We are a Delaware limited liability company organized on February 6, 2024. Our principal business address is 200 Riverside Ave., Jacksonville, FL 32202. We operate under our legal entity name, Degree Wellness Franchise, LLC, the name "Degree Wellness," and no other name. See Exhibit A for our agents for service of process.
We offer and sell the Degree Wellness franchises described in this Disclosure Document, and have not conducted any other types of business. Except through our affiliate, we have not operated, nor do we currently operate, any businesses like the franchises described in this Disclosure Document, or in any other line of business. We have not offered, nor do we currently offer, franchises in any other line of business.
Our Predecessors, Parents and Affiliates
We have no parent. We have several affiliates.
Our affiliate Degree Wellness IP, LLC is a Delaware limited liability company formed on February 6, 2024 ("Degree IP"). Degree IP has licensed us the right to use certain trademarks and intellectual property. Degree IP shares our principal business address and does not offer franchises in any line of business.
Our affiliate Degree Wellness, LLC is a Delaware limited liability company formed on April 24, 2020 ("Degree LLC"). Degree LLC currently operates four Studios in Jacksonville Florida. Degree LLC does not offer franchises in any line of business. Degree LLC assigned to Degree IP certain trademarks and intellectual property on April 24, 2024.
Our affiliate DW Financial Services, LLC is a Delaware limited liability company formed on May 9, 2024 ("Degree Financial"). Degree Financial provides limited financial services to support the System. Degree Financial does not offer franchises in any line of business.
Our predecessor Degree Wellness, Inc. is a Florida corporation formed on March 18, 2018 ("Degree Inc."). Degree LLC purchased substantially all of the assets of Degree Inc. on October 15, 2020.
Source: Item 1 — The Franchisor and any Parents, Predecessors, and Affiliates (FDD pages 9–12)
What This Means (2025 FDD)
According to Degree Wellness's 2025 Franchise Disclosure Document, Degree Wellness Franchise, LLC was organized on February 6, 2024, as a Delaware limited liability company. Its principal business address is 200 Riverside Ave., Jacksonville, FL 32202.
For a prospective franchisee, this information establishes the legal foundation and operational base of the franchise system. Knowing the date of organization helps assess the company's maturity and track record. While a relatively new company, Degree Wellness has affiliated companies with longer operating histories.
It is also important to note that Degree Wellness operates under its legal entity name, Degree Wellness Franchise, LLC, and the name "Degree Wellness." The FDD also mentions that Degree Wellness has several affiliates, including Degree Wellness IP, LLC (formed on February 6, 2024), Degree Wellness, LLC (formed on April 24, 2020), and DW Financial Services, LLC (formed on May 9, 2024). These affiliates play specific roles in intellectual property, studio operations, and financial services, respectively, within the Degree Wellness system.