For how many years has Degree Wellness been in business?
Degree_Wellness Franchise · 2025 FDDAnswer from 2025 FDD Document
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Our predecessor Degree Wellness, Inc. is a Florida corporation formed on March 18, 2018 ("Degree Inc."). Degree LLC purchased substantially all of the assets of Degree Inc. on October 15, 2020. Degree Inc. does not offer franchises in any line of business.
The Business
Degree Wellness businesses (individually, a "Studio"
Source: Item 21 — Financial Statements (FDD page 66)
What This Means (2025 FDD)
According to Degree Wellness's 2025 Franchise Disclosure Document, Degree Wellness Franchise, LLC was formed in February 2024. The company's predecessor, Degree Wellness, Inc., was formed on March 18, 2018, and was purchased by Degree LLC on October 15, 2020. Degree Wellness has been offering franchises since May 23, 2024.
While Degree Wellness Franchise, LLC was formed in February 2024, the predecessor company, Degree Wellness, Inc., was formed in 2018. This means that the brand has been around for several years, though under different ownership and legal structures. The current franchise offering is relatively new, dating back to May 2024.
A prospective franchisee should consider the implications of investing in a relatively new franchise system. While the brand itself has some history, the franchising aspect is recent, which could mean less established systems and support compared to more mature franchises. It would be prudent to inquire about the transfer of knowledge and experience from the predecessor company to the current franchise entity to understand how the brand's history informs the current franchise operations.