What is the role of Degree Wellness IP, LLC in relation to the Degree Wellness franchise?
Degree_Wellness Franchise · 2025 FDDAnswer from 2025 FDD Document
Our affiliate Degree Wellness IP, LLC is a Delaware limited liability company formed on February 6, 2024 ("Degree IP"). Degree IP has licensed us the right to use certain trademarks and intellectual property. Degree IP shares our principal business address and does not offer franchises in any line of business.
Our affiliate Degree Wellness, LLC is a Delaware limited liability company formed on April 24, 2020 ("Degree LLC"). Degree LLC currently operates four Studios in Jacksonville Florida. Degree LLC does not offer franchises in any line of business. Degree LLC assigned to Degree IP certain trademarks and intellectual property on April 24, 2024.
Source: Item 1 — The Franchisor and any Parents, Predecessors, and Affiliates (FDD pages 9–12)
What This Means (2025 FDD)
According to Degree Wellness's 2025 Franchise Disclosure Document, Degree Wellness IP, LLC ("Degree IP") is an affiliate of Degree Wellness Franchise, LLC, the franchisor. Degree IP was formed on February 6, 2024. Its primary function is to license the rights to use certain trademarks and intellectual property to Degree Wellness Franchise, LLC, enabling the franchisor to offer Degree Wellness franchises. Degree IP shares the same principal business address as Degree Wellness Franchise, LLC and does not offer franchises in any line of business. On April 24, 2024, Degree Wellness, LLC assigned certain trademarks and intellectual property to Degree IP.
In simpler terms, Degree Wellness IP, LLC owns the brand's identity and the rights associated with it, and then allows Degree Wellness Franchise, LLC to use those assets to operate and franchise the Degree Wellness business. This is a common structure in franchising, where a separate entity holds the intellectual property to protect it and license it to the operating company.
For a prospective franchisee, this means that the legal right to use the Degree Wellness name, logo, and system comes from this licensing agreement between Degree Wellness IP, LLC and Degree Wellness Franchise, LLC. It's important for franchisees to understand this relationship, as it ensures the franchisor has the legal authority to grant them the right to operate under the Degree Wellness brand. This structure also protects the brand's intellectual property, which is a key asset for all franchisees in the Degree Wellness system.