What is the role of Group in relation to Degree Wellness franchisees?
Degree_Wellness Franchise · 2025 FDDAnswer from 2025 FDD Document
WHEREAS, Management Company has entered into a Franchise Agreement (the "Franchise Agreement") with Degree Wellness, LLC ("Degree Wellness"), dated as of the date of this Agreement, whereby Degree Wellness grants to Management Company a franchise (the "Franchise") to operate a Studio Management Business and the right to use Degree Wellness's business model, services and products (the "System") and Marks (as defined in Section 4.2 below);
WHEREAS, Licensed Provider desires to provide health and wellness services utilizing Degree Wellness's System and Marks, and Licensed Provider requires the provision of certain management, administrative, and similar services; and
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 63–66)
What This Means (2025 FDD)
Based on the 2025 Degree Wellness Franchise Disclosure Document, the term "Group" is not explicitly defined or discussed in the provided excerpts. The excerpts focus on the relationship between Degree Wellness, the Management Company (a Degree Wellness franchisee), and the Licensed Provider (a professional corporation providing health and wellness services).
The excerpts detail the agreements and responsibilities between the Management Company and the Licensed Provider, including the use of Degree Wellness's confidential information, non-competition and non-disparagement clauses, and indemnification agreements. Degree Wellness is identified as a third-party beneficiary in certain sections of the Studio Management Agreement between the Management Company and the Licensed Provider.
Because the role of "Group" is not mentioned, prospective Degree Wellness franchisees should seek clarification from the franchisor regarding the definition of "Group" and its specific involvement or relationship with franchisees. This information is essential to fully understand the franchise structure and any potential interactions or obligations involving this entity.