How many transfers of company-owned Degree Wellness outlets occurred in 2022?
Degree_Wellness Franchise · 2025 FDDAnswer from 2025 FDD Document
Table 4 Status of Company-Owned Outlets For Years 2022 to 2024
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 63–66)
What This Means (2025 FDD)
According to Degree Wellness's 2025 Franchise Disclosure Document, there is no information provided regarding the transfers of company-owned outlets. However, Table 4, 'Status of Company-Owned Outlets For Years 2022 to 2024' shows the number of company-owned outlets at the start and end of the year, as well as the net change. In 2022, Degree Wellness had 2 company-owned outlets at the start of the year and 2 at the end, with a net change of 0. This table does not specify if any transfers occurred, only the net change in the number of company-owned outlets.
Since the table only shows the number of outlets at the beginning and end of the year, it's impossible to determine if any transfers occurred during that time. For example, Degree Wellness could have transferred an outlet to a franchisee and then opened a new company-owned outlet in the same year, resulting in no net change.
A prospective franchisee should ask Degree Wellness directly about any transfers of company-owned outlets that may have occurred. Understanding the details of these transfers, such as the reasons for the transfers and the financial performance of the transferred outlets, could provide valuable insights into the health and stability of the Degree Wellness franchise system.