Since when has Degree Wellness offered Studio and multi-unit development franchises?
Degree_Wellness Franchise · 2025 FDDAnswer from 2025 FDD Document
We currently offer two types of franchise offerings: Single unit Studio franchises and multi unit development agreements. We have offered these franchises since May 23, 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 began offering both single-unit Studio franchises and multi-unit development agreements on May 23, 2024. This indicates that Degree Wellness is a relatively new franchise opportunity as of the FDD date.
For prospective franchisees, this means that Degree Wellness has a limited track record as a franchisor. While this doesn't inherently indicate risk, it suggests that franchisees should conduct thorough due diligence. This includes carefully evaluating the performance of existing Degree Wellness locations, reviewing the backgrounds and experience of the Degree Wellness management team, and speaking with current Degree Wellness franchisees to understand their experiences.
It's also important to understand the terms and conditions of both the single-unit Studio franchise agreement and the multi-unit development agreement. The FDD mentions that the franchise agreement is attached as Exhibit B and the area development agreement as Exhibit C. Prospective franchisees should carefully review these exhibits with legal counsel to fully understand their rights and obligations. For multi-unit development, the Site Selection Area, Development Schedule, and Development Fee will vary based on the number of franchises the franchisee commits to developing.