If I purchase 4 or more Degree Wellness studios, how is the Development Period for each successive studio determined?
Degree_Wellness Franchise · 2025 FDDAnswer from 2025 FDD Document
| Months 13 through 24 of the Development Agreement | 1 | 2 |
|---|---|---|
| Months 24 through 36 of the | 1 | 3 |
| Development Agreement | ||
| If you purchase 4 or more | TBD | TBD |
| Studios, your Development | ||
| Period for each successive | ||
| Studio will be mutually agreed | ||
| upon at the time you enter a | ||
| Development Agreement. |
Source: Item 12 — Territory (FDD pages 42–44)
What This Means (2025 FDD)
According to Degree Wellness's 2025 Franchise Disclosure Document, the Development Period for each successive studio after the purchase of four or more studios will be mutually agreed upon at the time the franchisee enters into a Development Agreement.
This means that if a franchisee commits to developing four or more Degree Wellness studios, the specific timeframe allowed for opening each subsequent location will be negotiated and determined on a case-by-case basis. This contrasts with the standard Development Schedule for franchisees developing three or fewer units, where the opening timelines are pre-defined.
The flexibility in setting the Development Period for larger commitments allows Degree Wellness to consider the franchisee's capabilities, market conditions, and other relevant factors when establishing a realistic and achievable expansion plan. However, it also introduces an element of uncertainty for the franchisee, as the Development Schedule is not fixed and will be subject to negotiation with Degree Wellness. Prospective franchisees should carefully consider their own resources and capabilities, and seek to negotiate favorable terms in the Development Agreement.