2018
4
$349,554
$49,500
$767,816
No
Founded by tech entrepreneur Amanda Watts Lightcap and hedge fund manager Tom Lightcap, Degree Wellness is redefining the boutique wellness space with a data-driven, technology-enhanced approach to self-care. Backed by Franworth, the leader in sustainable franchise development, Degree Wellness offers a curated mix of services that blend heat, cold, light, and advanced nutrients—including cryotherapy, red light therapy, IV drips, cold plunges, compression massage, and more. With a rapidly expanding footprint and corporate investment in strategic markets like Jacksonville, Degree Wellness is primed for national growth.
Amanda’s personal battle with thyroid cancer in 2021 deeply informed the company’s mission. Using the very services Degree Wellness now offers—like cryotherapy to manage stress, red light to heal, and IVs for vitality—Amanda turned a health crisis into a brand devoted to holistic recovery, vitality, and longevity. Today, Degree Wellness empowers communities to live healthier lives through cutting-edge wellness technology, a strong infrastructure, and a purpose-driven story. Franchise with Degree Wellness and bring transformational self-care to your local market.
Year Business Started: Predecessor company started in Q4 2018, Watts-Lightcap acquired in Q4 2020
Year Started Franchising: 2024
Franchise Units Open: 4
Company Owned Units: 4
Canada Franchises: No
International Franchises: No
Registered in non-registration states, IN, MI, RI & WI
Pending Registration in CA, IL, MD, MN, NY, ND, SD, VA & WA
Not Accepting leads: HI
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: Hiring guidance provided by Franchisor and Partnership with Epic Managers (optional for franchisees).
Training:
Initial Training
Degree Wellness offers a robust training program to ensure franchisees and their teams are fully prepared.
On-Going Support
Degree Wellness is committed to providing continuous support to franchisees
Marketing Strategies
Degree Wellness employees strategic marketing approaches to drive brand awareness and customer acquisition.
70% of the marketing budget is allocated to Google ads and 30% of Meta ads, focusing on the top 2-3 services to keep customer acquisition costs low.
Leverage brand ambassadors and influences to enhance marketing efforts.
Degree Wellness provides a playbook for finding and managing brand ambassadors/influencers.
Option for outsources/fee-based brand ambassador management support for franchisees.
Function & Daily Tasks of the Owner-Operator
Function & Daily Tasks of the Semi-Absentee Owner
Investor Model:
IDEAL CANDIDATE
Investment range: 1 Unit: $349,554 to $687,816 2 Units: $391,554 to $767,816
Cash Investment: $200,000
Required Net Worth: $450,000
Required Liquid Capital: $200,000
Franchise Fee: 1 Unit: $49,500, 2 Units: $91,500, 3 Units: $129,500, 4 Units: $165,500
Royalty: 7%
Brand Fund: 1%
Item 19: Yes
Average Number of Employees:
Each investor-owned studio typically employs:
Corporate training processes empower employees to perform all services offered in the studio.
“Set it and forget it” equipment simplifies hiring and reduces training complexity.
Visa Candidates: No
Passive Ownership: No
Home-Based: No
B2B: No
Master Franchise Opportunities: No
Veteran Discount: Yes, $2500 off initial franchise fee