What sections of the Degree Wellness Franchise Agreement cover site development and pre-opening requirements?
Degree_Wellness Franchise · 2025 FDDAnswer from 2025 FDD Document
2, 3.3, 3.4, 3.5 and 3.6 of FA | Items 7, 8, and 11 |
| Obligation | Section in Agreement | Disclosure Document Item |
|---|---|---|
| c. Site development and other pre opening requirements | Sections 3.2, 3.3, 3.4 and 3.6 of FA; Section 1 and Attachment A of the Development Agreement | Items 7, 8, and 11 |
| d. Initial and ongoing training | Sections 3.6, 4, 5.1 and 10.7 of FA | Items 5, 6, 7, 11 and 14 |
| e. Opening | Sections 3.3 and 3.6 of FA, Exhibit 1 of FA; Attachment A of the Development | Items 7 and 11 |
| f. Fees | Agreement Sections 2.4, 3.4, 4.2, 5.1, 5.2, 6, 10.1, 10.3, 10.8, 11.1, 11.2, 12, 13.2, 14.5, and 15 of FA, Exhibits 4 of FA; Section 2 of the Development Agreement | Items 5, 6, 7, 8, 11, 13 and 14 |
| g. |
Source: Item 9 — Franchisee's Obligations (FDD pages 29–31)
What This Means (2025 FDD)
According to Degree Wellness's 2025 Franchise Disclosure Document, Item 9 details the franchisee's obligations under the franchise agreement. Specifically, it outlines where to find more detailed information about these obligations within the agreement and other items of the disclosure document.
Site development and other pre-opening requirements are addressed in Sections 3.2, 3.3, 3.4, and 3.6 of the Franchise Agreement, as well as Section 1 and Attachment A of the Development Agreement. These sections likely cover aspects such as site selection criteria, construction or build-out specifications, obtaining necessary permits and licenses, and adhering to Degree Wellness's brand standards for the physical location. Item 9 also indicates that Items 7, 8, and 11 of the FDD provide additional information related to these pre-opening requirements.
Pre-opening purchases and leases are covered in Sections 3.1, 3.2, 3.3, 3.4, 3.5, and 3.6 of the Franchise Agreement. These sections likely detail the franchisee's responsibilities for acquiring or leasing the business location, purchasing necessary equipment, supplies, and inventory, and ensuring that all pre-opening requirements are met before commencing operations. Items 7, 8, and 11 of the FDD also contain relevant information about these pre-opening purchases and leases.
Site selection and acquisition/lease are addressed in Section 3.1 of the Franchise Agreement and Attachment A of the Development Agreement. These sections likely outline the process for identifying and securing a suitable location for the Degree Wellness franchise, including criteria for site selection, negotiation of lease terms, and compliance with any applicable zoning regulations. Items 7, 8, and 11 of the FDD provide further details related to site selection and acquisition/lease.