factual

Who is responsible for the wages, compensation, and expenses of attendees of the Degree Wellness Initial Training program during a transfer?

Degree_Wellness Franchise · 2025 FDD

Answer from 2025 FDD Document

The Proposed New Owner shall be responsible for any wages and compensation owed to, and the travel and living expenses (if the Initial Training program is not held virtually in the future, and including all transportation costs, room, board and meals) incurred by, the attendees who attend the Initial Training program;

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

What This Means (2025 FDD)

According to Degree Wellness's 2025 Franchise Disclosure Document, the responsibility for wages, compensation, and expenses of attendees during the Initial Training program in the event of a transfer falls on the Proposed New Owner. This includes any wages and compensation owed to the attendees.

The Proposed New Owner is also responsible for the travel and living expenses of the attendees if the Initial Training program is not held virtually. These expenses encompass all transportation costs, room, board, and meals incurred during the training.

This condition ensures that the financial burden of training new owners and their personnel is borne by the incoming party, rather than Degree Wellness or the transferring franchisee. This is a fairly standard practice in franchising, as it ensures the new owner is fully invested in the training process and prepared to operate the franchise according to Degree Wellness's standards.

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.