What is the Degree Wellness franchisee requesting from the franchisor regarding the premises?

According to the 2025 Degree Wellness Franchise Disclosure Document, the franchisee is requesting the franchisor's approval to develop and operate a Degree Wellness Studio at a specific location, referred to as the "Premises," which is identified in an attached lease. This request is a necessary step for the franchisee to proceed with establishing their Degree Wellness studio at the chosen site.

Degree Wellness retains the right to approve the site for the studio. If the premises are to be occupied under a commercial lease, Degree Wellness has specified certain lease terms. The franchisor can make its approval of the site contingent upon these prescribed lease terms being included in the lease agreement. This ensures that the location and lease terms align with Degree Wellness's standards and operational requirements.

The franchisor's involvement in the site selection and lease terms is a common practice in franchising. It allows Degree Wellness to maintain consistency across all franchise locations and protect its brand image. For a prospective franchisee, this means they must work closely with Degree Wellness to find a suitable location and negotiate lease terms that meet the franchisor's approval. This process helps to mitigate risks associated with location and lease agreements, ensuring that the franchisee has a solid foundation for their business.