How many Degree Wellness franchises were open at the beginning of the reporting period?
Degree_Wellness Franchise · 2025 FDDAnswer from 2025 FDD Document
NOTES TO FINANCIAL STATEMENTS DECEMBER 31, 2024
Note 1 – Nature of Business and Significant Accounting Policies
Nature of Business
Degree Wellness Franchise, LLC (the "Company") was formed in February 2024. The Company's operations are principally related to the sale and support of franchises for wellness lounges under the "Degree Wellness" name in the United States of America. The Company was formed as a multiple member LLC with a perpetual existence. The liability of the members of the Company is limited to the members' total capital contributions.
Source: Item 23 — Receipts (FDD pages 66–257)
What This Means (2025 FDD)
The 2025 Franchise Disclosure Document for Degree Wellness does not explicitly state the number of franchises open at the beginning of the reporting period. However, the document's financial statements cover the period from April 1, 2024, through December 31, 2024.
Note 1 to the financial statements indicates that Degree Wellness Franchise, LLC was formed in February 2024 and that the company's operations are principally related to the sale and support of franchises for wellness lounges under the "Degree Wellness" name in the United States of America.
To determine the number of Degree Wellness franchises open at the beginning of the reporting period (April 1, 2024), a prospective franchisee should directly ask Degree Wellness for this information. This detail is crucial for assessing the brand's market presence and growth trajectory.