Degree Wellness
Founder
Amanda Watts-Lightcap
Home Office Location
Jacksonville, FL
Company Founded
2018
Began Franchising
2024
Industry
Health & Wellness
Industry Size
$1.8tn global market, $0.5b US market
Veteran Discount
$2,500 off initial franchise fee
Group Health Insurance
No
Company Units Open
4
Franchise Units Awarded All Time
117
Franchise Units Awarded Last 12 Months
117
Franchise Units Open
0
Number of franchisees
57
Relationship Builder
Passion to Help People
No Industry Experience Required
Community Centric
Business Acumen
Passion for health/wellness
Brand Summary
Degree Wellness, the brainchild of tech guru Amanda Watts Lightcap and her husband Tom Lightcap, a hedge fund manager, was created to provide the premier self-care experience. Prior to Degree Wellness, Amanda launched two tech startups specializing in retail, technology, and consumer goods. With the backing of Franworth, the expert in sustainable franchise growth, Degree Wellness offers innovative wellness solutions that have created the premier boutique wellness experience using heat, cold, light, and advanced nutrients. Our mission is to help communities everywhere live happier, healthier lives.
Amanda’s personal journey with Thyroid Cancer in early 2021 brought her closer to the benefits of Degree Wellness services. Using cryotherapy to manage brain fog and stress, sauna for improved sleep, red light therapy to reduce scarring, and IVs to boost energy, Amanda transformed from feeling her worst to living her best. This personal experience fuels the brand’s commitment to holistic wellness.
Degree Wellness is actively investing alongside franchisees, having recently opened its third location, with a fourth under development. We are committed to further developing markets like Jacksonville with corporate studios.
Our current services include cryotherapy, infrared sauna, cold plunge, red light therapy, IV drips and IM injections, compression massage, oxygen, and non-invasive light facials. Degree Wellness is dedicated to spreading self-care and wellness through innovative, technology-driven solutions, supported by a robust infrastructure and an inspiring brand story. Join us in our mission to help communities live their healthiest lives!
* The Numbers
$342,400 - $795,400
Investment Range
$610,397
Average Gross Revenue
$239,465 (39.2%)
Average Net Income Adjusted, OO
7%
Royalty
$450,000
Financial Requirements
DISLAIMER: *REFER TO MOST RECENT FRANCHISE DISCLOSURE DOCUMENT ITEM 19. THIS INFORMATION MAY HAVE CHANGED SINCE FIRST PUBLISHED. WE RECOMMEND THAT YOU ALWAYS VERIFY FEES, INVESTMENT AMOUNTS, AND OFFERS FOR THE FRANCHISE OPPORTUNITY DIRECTLY WITH THE FRANCHISOR PRIOR TO DECIDING TO INVEST.
Franchise Features
Proven Pre-Sales Marketing Plan Drives Recurring Revenue
"Do Great & Feel Better" Concept Changes People's Lives
Maximum Technology Automation Creates Simple Labor Model
Incredible UE Attracts Modest Investors & Portfolio Builders
Modest Upfront Investment & Comprehensive Service Variety
Frequently Asked Questions
DO THEY OFFER FINANCING TO HELP BUY THE FRANCHISE?
Yes
WHAT KIND OF TECHNOLOGY DO THEY HAVE IN PLACE?
Scheduling, CRM and Billing
DO THEY OFFER FLEXIBLE OWNERSHIP?
Yes
DO THEY OFFER A DISCOUNT TO VETERANS?
$2,500 off initial franchise fee
