Is there a limit to the number of times a Degree Wellness franchise can be renewed?
Degree_Wellness Franchise · 2025 FDDAnswer from 2025 FDD Document
| Provision | Section in Franchise Agreement | Summary |
|---|---|---|
| including the Operations Manual. At | ||
| least 6 months before the expiration | ||
| of your franchise, we will notify you | ||
| as to whether you appear eligible to | ||
| renew the Franchise or, if applicable, | ||
| we will provide you with a notice of | ||
| deficiencies. | ||
| If you appear to be | ||
| eligible for renewal, we will ask you | ||
| to provide us with notice of your | ||
| intent to renew within a specific time | ||
| period after receipt of our notice. | ||
| Also, you must: maintain possession | ||
| of | ||
| premises | ||
| and | ||
| refurbish | ||
| and | ||
| redecorate in compliance with our | ||
| then current requirements or obtain | ||
| and | ||
| develop | ||
| suitable | ||
| substitute | ||
| premises; correct any deficiencies in | ||
| the | ||
| operation | ||
| of | ||
| the | ||
| franchise | ||
| identified in our written notice to you | ||
| prior to expiration; sign our then | ||
| current franchise agreement and any | ||
| ancillary documents; pay a renewal | ||
| fee (see Item 6); and sign a general | ||
| release of any and all claims against | ||
| us, our officers, directors, employees | ||
| and agents (see Exhibit H). You may | ||
| be asked to sign a contract with | ||
| materially | ||
| different | ||
| terms | ||
| and | ||
| conditions | ||
| than | ||
| your | ||
| original | ||
| Franchise Agreement. | ||
| Your right to | ||
| renew will be contingent upon your | ||
| acceptance of these new terms and | ||
| conditions. |
Source: Item 17 — Renewal, Termination, Transfer, and Dispute Resolution (FDD pages 49–59)
What This Means (2025 FDD)
According to Degree Wellness's 2025 Franchise Disclosure Document, the document does not specify a limit to the number of times a franchise agreement can be renewed. The FDD outlines the conditions under which a franchisee may be eligible for renewal. At least 6 months before the expiration of the franchise, Degree Wellness will notify the franchisee whether they appear eligible to renew the Franchise or provide a notice of deficiencies.
To be eligible for renewal, a franchisee must meet several conditions. These include maintaining possession of the premises, refurbishing and redecorating the premises to meet current standards, or obtaining suitable substitute premises. Franchisees must also correct any operational deficiencies identified by Degree Wellness in a written notice prior to the expiration of the current term. Additionally, franchisees must sign the then-current franchise agreement and any related documents, pay a renewal fee (as detailed in Item 6), and sign a general release of all claims against Degree Wellness and its affiliates.
It is important to note that the new franchise agreement presented at the time of renewal may contain materially different terms and conditions than the original agreement. The franchisee's right to renew is contingent upon their acceptance of these new terms. Prospective franchisees should consider that while there may be no explicit limit on renewals, each renewal is subject to meeting the franchisor's conditions and agreeing to the terms of the then-current franchise agreement, which could change significantly over time.