Emerging Self-Care Studio Offers Wellness Services in a Luxurious Setting
Franchise FastLane, a franchise sales organization, has added the emerging franchise Degree Wellness® to the brands it nurtures. Degree Wellness® studios merge a holistic approach with technological advances to boost clients’ energy, ease pain and inflammation, detox, and improve metabolism. Inside the brand’s luxurious private suites, clients receive an array of innovative services such as cold plunge, cryotherapy, contrast therapy, infrared sauna, intravenous drips, red light therapy and vitamin injections.
From a statistical standpoint, Franchise FastLane’s partnership with Degree Wellness looks to be a good bet. The personal services industry is expected to grow vigorously this year, according to the 2024 Economic Outlook report produced by the International Franchise Association. The Business Research Co. also predicts strong performance: Its forecast states that the global personal services market will grow from $1.27 trillion in 2023 to nearly $1.38 trillion this year, a compound annual growth rate of 8.6%.
FastLane’s Expectations
Carey Gille, CEO of Franchise FastLane, said she believes Degree Wellness will be a strong performer within its robust business category. “The health, wellness and beauty industry continues to outperform expectations, and we’re very confident that Degree Wellness will be an amazing opportunity,” Gille said in a news release. “We look forward to enhancing their lead-generation program as well as strengthening their sales and development efforts to drive responsible growth.”
Degree Wellness, a woman-founded company, has a business model with three tiers of membership that produce recurring revenue. Leaders of the brand felt the timing for expansion is ideal in 2024, which is why they turned to Franchise FastLane to leverage the organization’s sales expertise. At present, Degree Wellness has four corporate-owned studios, all of them in Florida, and each one is steadily increasing the brand’s client base and profitability.
Also as part of its expansion objectives, Degree Wellness recently entered an investment partnership with Franworth®, a franchise growth organization. Franworth assists brands’ expansion through education, mentorship, purchasing power and other support. Franworth previously accelerated the growth of beauty-, wellness- and fitness-oriented franchises such as The Lash Lounge, Pure Barre and Title Boxing.
Degree Wellness Franchise Goals
Amanda Watts Lightcap, president of Degree Wellness and owner of the four corporate locations, noted that in March 2024, the Degree Wellness executive team and investors established the company’s corporate headquarters in Jacksonville, Fla. The move was part of a multimillion-dollar investment in the brand and its future growth.
“Franchisee success is critical to our mission of bringing cutting-edge self-care solutions to communities across America. We want to empower people to feel, look and be their best selves,” Lightcap said in a news release. “I am a firm believer in the power of entrepreneurship and cannot wait to work side by side with our franchise owners, where we can all feel proud to build the leading brand in this exciting high-growth industry.” She added that she looks forward to the assistance from Franchise FastLane and Franworth in supporting the growth of Degree Wellness. To learn more about the brand, please visit www.degreewellness.com.
About FastLane and Franworth
Franchise FastLane provides outsourced franchise development services to emerging franchisors. It manages franchisee sales from lead generation to prospect qualification and then all the way through to deal closure. Franchise FastLane helps franchisors like Degree Wellness to perfect their discovery process and brings them strong franchisee candidates. Franchise FastLane was founded in 2017 in Omaha, Neb., by Gille and Ryan Zink. To date, Franchise FastLane has helped award franchises in 7,600-plus territories. For more information, please visit www.franchisefastlane.com.
Ann Arbor, Mich.-based Franworth builds, incubates and grows franchise brands. It was founded in 2015 by John Rotche, the company’s CEO. The Franworth team has more than 450 years of combined experience in franchising. For more information, please visit www.franworth.com.
