LearningRx is a personal one-on-one Brain Training franchise leading the Brain Training industry with incredible training results. LearningRx improves skills like memory, attention, and processing speed and has programs that can help people of all ages. Studies show that 88% of learning/processing problems are caused by one or more weak cognitive skills, and LearningRx is the expert in assessing and improving these skills. One-on-one brain training and our proprietary methodology make LearningRx the answer to remediation and enhancement for all ages.
Year Established: 2003
Franchising Since: 2003
Franchised Units | 76 | 98.7% |
---|---|---|
Company-Owned Units | 1 | 1.3% |
Total Operating Units | 77 | 100% |
USA | 77 | 100.0% | In 32 States |
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Canada | 0 | 0.0% | In 0 Provinces |
International | 0 | 0.0% | In 0 Foreign Countries |
Total | 77 | 100% |
Multi-Unit Operators | N/A |
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Franchises Owned by Multi-Unit Operators | N/A |
Density | Units |
---|---|
Texas | 17 |
Virginia | 8 |
Minnesota | 7 |
California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, North Dakota, Rhode Island, South Dakota, Virginia, Washington, Wisconsin
Back to TopIFA Member | Yes |
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CFA Member | No |
Franchisee Association? | No |
Size of Corporate Staff | 20 |
Site Selection Assistance |
Yes |
Lease Negotiation Assistance | No |
Financial Assistance | No |
Co-Op Advertising | No |
---|---|
National Advertising | No |
Regional Advertising | No |
Local Advertising | No |
Other Marketing Support | Internet |
Central Data Processing | Included |
---|---|
Central Purchasing | N/A |
Field Operation Evaluation | Included |
Field Training | N/A |
Initial Store Opening | N/A |
Inventory Control | N/A |
Franchisee Newsletter | Included |
Regional or National Meetings | Included |
800 Telephone Hotline | N/A |
NR | 2 Weeks plus On-Site |
Minimum Net Worth | $250K |
---|---|
Cash Investment | $65-75K |
Total Investment | $83-198K |
Average Total Investment | $141K |
Initial Franchise Fee | $15-35K |
---|---|
Average Franchise Fee | $25K |
On-Going Royalty | 10% |
Average Royalty | N/A |
Advertising Fee | 3% |
Average Number of Full-Time Employees | 3 |
---|---|
Average Number of Part-Time Employees | 20 |
Space Needs (in square feet) | 1,200-1,800 |
Preferred Site Types | N/A |
Other Site Types Allowed | Professional Building |
Encourages Conversions | N/A |
Item 19 (Earnings Claim) Provided? | Yes |
Listed in the SBA Registry? | No |
Financial Net Worth | 3 |
---|---|
General Business Experience | 3 |
Specific Industry Experience | 3 |
Formal Education | 3 |
Psychological Profile | 4 |
Personal Interviews | 4 |
Term of Initial Contract | 10 |
---|---|
Term of Renewal Period | 10 |
Passive Ownership? | Not Allowed |
Area Development Agreements? |
Yes, for 1 year |
Sub-Franchisor Contracts? |
No |
Franchisees Allowed to Expand Within Territory? | Yes |
Projected New Units Over Next 12 Months | 9 |
---|---|
USA | Yes, CA, CO, FL, GA, HI, MN, NV, OH, TN |
Canada | No |
Overseas | No |