When did Degree Wellness, LLC purchase the assets of Degree Wellness, Inc.?

According to Degree Wellness's 2025 Franchise Disclosure Document, Degree Wellness, LLC purchased substantially all of the assets of Degree Wellness, Inc. on October 15, 2020. Degree Wellness, Inc. is identified as a Florida corporation formed on March 18, 2018. It is important to note that Degree Wellness, Inc. does not offer franchises in any line of business.

This information is relevant for prospective franchisees as it clarifies the history and structure of the Degree Wellness franchise system. Understanding the relationship between Degree Wellness, LLC and its predecessor, Degree Wellness, Inc., provides insight into the evolution of the brand and its assets. The fact that Degree Wellness, LLC acquired the assets of Degree Wellness, Inc. suggests a strategic shift or restructuring within the company's history.

Knowing the date of this asset purchase, October 15, 2020, allows potential franchisees to place this event within the broader timeline of Degree Wellness's development. This can be useful when evaluating the company's track record and making informed decisions about investing in a Degree Wellness franchise. The FDD also mentions other affiliates such as Degree Wellness IP, LLC and DW Financial Services, LLC, which further illustrates the corporate structure supporting the Degree Wellness franchise system.