What professional fees does the estimated range cover for a Degree Wellness franchise?

According to Degree Wellness's 2025 Franchise Disclosure Document, the estimated range for professional fees and licenses is designed to cover the fees you will pay to an attorney and/or accountant. These fees are related to (a) the formation of any Franchisee (or Developer) entity, and (b) otherwise in connection with pre-opening activities and obligations of the Franchisee under the Franchise Agreement. The estimated range for these fees is between $2,586 and $5,000. These fees are typically paid as agreed and as incurred to an approved supplier.

For a prospective Degree Wellness franchisee, this means setting aside between $2,586 and $5,000 to cover legal and accounting costs associated with setting up the business entity and fulfilling pre-opening requirements. It is important to note that these fees are paid to approved suppliers, suggesting that Degree Wellness may have a list of preferred or required legal and accounting professionals.

It is advisable for potential franchisees to inquire about the specific services covered within this range and whether there is flexibility in choosing their own legal and accounting professionals, or if they are required to use Degree Wellness's approved suppliers. Understanding the scope of these fees and the selection process for these professionals is crucial for budgeting and ensuring compliance with the franchise agreement.