factual

Who is responsible for acquiring and maintaining fixtures, equipment, and furnishings for the Degree Wellness Studio?

Degree_Wellness Franchise · 2025 FDD

Answer from 2025 FDD Document

  • (b) Acquiring all fixtures, equipment, and furnishings necessary for the operation of a Degree Wellness Studio Management Business and the operation of the Studio, and maintaining, repairing, and replacing such fixtures, equipment, and furnishings;

Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 63–66)

What This Means (2025 FDD)

According to Degree Wellness's 2025 Franchise Disclosure Document, the Management Company is responsible for acquiring and maintaining the fixtures, equipment, and furnishings necessary for the operation of the Degree Wellness Studio. Specifically, the Management Company is tasked with 'acquiring all fixtures, equipment, and furnishings necessary for the operation of a Degree Wellness Studio Management Business and the operation of the Studio, and maintaining, repairing, and replacing such fixtures, equipment, and furnishings.'

This means that the Degree Wellness Licensed Provider is granted a license to use the premises, including all fixtures, equipment, and furnishings located within the studio, during the term of the agreement. The Licensed Provider is expected to use these items in the manner they are intended and in compliance with the rules set forth by the Management Company. Upon termination of the agreement, the Licensed Provider must return the premises, fixtures, equipment, and furnishings in the same condition as they were at the start of the agreement, accounting for reasonable wear and tear.

This arrangement is typical in franchise models where there is a separation of business management and service provision. The Management Company handles the capital expenditures and maintenance, while the Licensed Provider focuses on delivering the health and wellness services. This division of responsibilities allows the Licensed Provider to concentrate on their area of expertise without the burden of managing the physical assets of the studio. However, the Licensed Provider should be aware of their responsibility to maintain the condition of the equipment during their use and to return it in good order.

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.