factual

Does Degree Wellness require advanced written approval of the lease terms?

Degree_Wellness Franchise · 2025 FDD

Answer from 2025 FDD Document

  • C. Under the terms and conditions of the Franchise Agreement, Franchisor has the right to approve the site for the Studio; and if the Studio premises will be occupied pursuant to a commercial lease, Franchisor has prescribed certain lease terms and has the right to condition its approval of a proposed site on inclusion of the prescribed lease terms.

Source: Item 23 — Receipts (FDD pages 66–257)

What This Means (2025 FDD)

According to Degree Wellness's 2025 Franchise Disclosure Document, the franchisor has the right to approve the site for the studio. If the studio premises will be occupied pursuant to a commercial lease, Degree Wellness has prescribed certain lease terms and has the right to condition its approval of a proposed site on inclusion of the prescribed lease terms.

This means that a prospective Degree Wellness franchisee must obtain approval from Degree Wellness regarding the site of their studio. Furthermore, if the franchisee plans to lease the premises, Degree Wellness has the authority to dictate specific lease terms that must be included in the commercial lease agreement. The approval of the site can be conditional based on these prescribed lease terms.

This requirement ensures that all Degree Wellness studios meet the brand's standards and protects the franchisor's interests by ensuring suitable locations and lease agreements. A franchisee should carefully review the prescribed lease terms and site approval process with Degree Wellness to avoid potential conflicts or delays in securing a location for their studio.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.