factual
Who does the Degree Wellness franchisee pay the Technology Fee to?
Degree_Wellness Franchise · 2025 FDDAnswer from 2025 FDD Document
- 6.4 Technology Fee. You are required to pay the monthly Technology Fee, defined and discussed in Section 11.4, for certain Website and technology-related services and expenses and any fees relating to the required human resources and payroll services discussed in Section 10.7.
Source: Item 23 — Receipts (FDD pages 66–257)
What This Means (2025 FDD)
According to Degree Wellness's 2025 Franchise Disclosure Document, the franchisee is required to pay the monthly Technology Fee. The FDD specifies that this fee covers certain Website and technology-related services and expenses, as well as any fees relating to required human resources and payroll services. The Technology Fee is defined and discussed further in Section 11.4 of the agreement.
While the document states that the franchisee must pay the Technology Fee, it does not explicitly state to whom the Technology Fee is paid.
Prospective Degree Wellness franchisees should ask the franchisor for clarification on who the Technology Fee is paid to, and how the amount of the fee is determined.
Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only.
It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.