Does Degree Wellness have any parent companies?
Degree_Wellness Franchise · 2025 FDDAnswer from 2025 FDD Document
We have no parent. We have several affiliates.
Our affiliate Degree Wellness IP, LLC is a Delaware limited liability company formed on February 6, 2024 ("Degree IP"). Degree IP has licensed us the right to use certain trademarks and intellectual property. Degree IP shares our principal business address and does not offer franchises in any line of business.
Our affiliate Degree Wellness, LLC is a Delaware limited liability company formed on April 24, 2020 ("Degree LLC"). Degree LLC currently operates four Studios in Jacksonville Florida. Degree LLC does not offer franchises in any line of business. Degree LLC assigned to Degree IP certain trademarks and intellectual property on April 24, 2024.
Our affiliate DW Financial Services, LLC is a Delaware limited liability company formed on May 9, 2024 ("Degree Financial"). Degree Financial provides limited financial services to support the System. Degree Financial does not offer franchises in any line of business.
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.
Source: Item 1 — The Franchisor and any Parents, Predecessors, and Affiliates (FDD pages 9–12)
What This Means (2025 FDD)
According to Degree Wellness's 2025 Franchise Disclosure Document, Degree Wellness Franchise, LLC does not have a parent company. However, the document states that Degree Wellness has several affiliates. These affiliates include Degree Wellness IP, LLC, formed on February 6, 2024, which licenses trademarks and intellectual property to Degree Wellness; Degree Wellness, LLC, formed on April 24, 2020, which operates four Studios in Jacksonville, Florida; and DW Financial Services, LLC, formed on May 9, 2024, which provides limited financial services to support the Degree Wellness system.
Additionally, Degree Wellness has a predecessor, Degree Wellness, Inc., a Florida corporation formed on March 18, 2018. Degree LLC purchased substantially all of the assets of Degree Inc. on October 15, 2020. It is important to note that while Degree Wellness does not have a parent company, these affiliates and predecessors play a role in the brand's operations and intellectual property management.
For a prospective franchisee, understanding the relationships between Degree Wellness and its affiliates and predecessors is crucial. These entities may impact various aspects of the franchise, such as intellectual property rights, operational support, and financial services. It is advisable for potential franchisees to further investigate the nature and extent of these relationships to fully understand their implications for the franchise business.