Is Degree Wellness obligated to assist the franchisee in establishing prices for goods and services?
Degree_Wellness Franchise · 2025 FDDAnswer from 2025 FDD Document
We are not obligated to assist the franchisee in establishing prices.
We may provide suggestions; however, you will have the final determination on the pricing for goods and services.
Source: Item 11 — Franchisor's Assistance, Advertising, Computer Systems, and Training (FDD pages 32–42)
What This Means (2025 FDD)
According to Degree Wellness's 2025 Franchise Disclosure Document, Degree Wellness is not obligated to assist franchisees in setting prices for their goods and services. However, Degree Wellness may offer suggestions regarding pricing strategies. Ultimately, the franchisee has the final say in determining the prices for their goods and services at their Degree Wellness studio.
This policy provides Degree Wellness franchisees with the flexibility to adapt their pricing to local market conditions and customer preferences. While Degree Wellness may offer guidance, franchisees are not bound to follow it, allowing them to make independent business decisions.
However, it's important for prospective franchisees to carefully consider the implications of this autonomy. While having control over pricing can be advantageous, it also places the responsibility of setting competitive and profitable prices on the franchisee. Franchisees should conduct thorough market research and analysis to determine optimal pricing strategies for their specific location and target market. Degree Wellness's suggestions, if provided, can serve as a starting point, but franchisees should not rely solely on them without conducting their own due diligence.