Within how many months of signing the Franchise Agreement must I open my Degree Wellness Studio?
Degree_Wellness Franchise · 2025 FDDAnswer from 2025 FDD Document
You must open your Studio 12 months of signing your Franchise Agreement. (Franchise Agreement – Section 3.3). If you purchase multiple Studio franchises, we currently require that you open the second Studio and each additional Studio pursuant to your Development Schedule. We estimate that Studios will typically open for business approximately 8 to 12 months after signing the Franchise Agreement. Factors affecting this length of time include locating a site and signing a lease, construction or remodeling of the site, completion of required training, financing arrangements, local ordinance and building code compliance, weather conditions, delivery and installation of equipment, fixtures, and signs, and hiring and training of your staff.
Source: Item 11 — Franchisor's Assistance, Advertising, Computer Systems, and Training (FDD pages 32–42)
What This Means (2025 FDD)
According to Degree Wellness's 2025 Franchise Disclosure Document, you must open your studio within 12 months of signing the Franchise Agreement. However, the document also estimates that studios typically open approximately 8 to 12 months after signing. This suggests that while 12 months is the hard deadline, Degree Wellness anticipates most franchisees will be ready to open sooner.
Several factors can affect the time it takes to open, including securing a suitable site and signing a lease, completing construction or remodeling, finishing required training, arranging financing, complying with local ordinances and building codes, dealing with weather conditions, installing equipment, and hiring and training staff. These factors are common challenges in the franchise industry, particularly for businesses requiring specialized build-outs.
If you purchase multiple Degree Wellness franchises, the opening schedule for subsequent studios will follow a Development Schedule determined by Degree Wellness. This is a common practice among franchisors to ensure a managed and sustainable expansion of the brand. It's important to discuss this schedule with Degree Wellness if you plan to acquire multiple locations to understand the specific requirements and expectations for each studio's opening timeline.