What is the name of the franchisor referenced in the Development Agreement with Degree Wellness?
Degree_Wellness Franchise · 2025 FDDAnswer from 2025 FDD Document
This Development Agreement ("Agreement") made effective as of ("Effective Date") by and between Degree Wellness Franchise, LLC, a Delaware limited liability company with a business address at 200 Riverside Ave., Jacksonville, FL 32202 (the "Franchisor", "we", or "us",); and, a (resident of) (corporation organized in) (limited liability company organized (the "Developer", "you" or "your"). in) with a business address at
Source: Item 23 — Receipts (FDD pages 66–257)
What This Means (2025 FDD)
According to Degree Wellness's 2025 Franchise Disclosure Document, the Development Agreement is made between Degree Wellness Franchise, LLC and the Developer. The document specifies that Degree Wellness Franchise, LLC, a Delaware limited liability company with a business address at 200 Riverside Ave., Jacksonville, FL 32202, is referred to as the "Franchisor", "we", or "us" within the agreement.
This means that Degree Wellness Franchise, LLC is the entity granting the development rights and is responsible for upholding the franchisor's obligations outlined in the Development Agreement. The agreement establishes the terms and conditions under which a developer can establish and operate multiple Degree Wellness studios within a specific area.
Prospective developers should carefully review the Development Agreement to understand their rights and obligations, as well as the franchisor's responsibilities. Understanding the relationship between the developer and Degree Wellness Franchise, LLC is crucial for a successful partnership.