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LearningRx
- LearningRx Franchise Corp.
Colorado Springs, CO 80919
USA
- (866) 679-1569 / (719) 264-8808
- (719) 522-0434 (Fax)
- Ms. Katie Kemp, Franchise Development Consultant
- katie@learningrx.com
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.
Franchisor Background
Year Established: 2003
Franchising Since: 2003
Operating Units
| Franchised Units | 76 | 98.7% |
|---|---|---|
| Company-Owned Units | 1 | 1.3% |
| Total Operating Units | 77 | 100% |
Geographic Distribution
| USA | 77 | 100.0% | In 32 States |
|---|---|---|---|
| Canada | 0 | 0.0% | In 0 Provinces |
| International | 0 | 0.0% | In 0 Foreign Countries |
| Total | 77 | 100% |
Multi-Unit Operators
| Multi-Unit Operators | N/A |
|---|---|
| Franchises Owned by Multi-Unit Operators | N/A |
North American Unit Density
| Density | Units |
|---|---|
| Texas | 17 |
| Virginia | 8 |
| Minnesota | 7 |
Registered in the following Registration States
California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, North Dakota, Rhode Island, South Dakota, Virginia, Washington, Wisconsin
Back to TopSupport and Training
General Information
| IFA Member | Yes |
|---|---|
| CFA Member | No |
| Franchisee Association? | No |
| Size of Corporate Staff | 20 |
| Site Selection Assistance |
Yes |
| Lease Negotiation Assistance | No |
| Financial Assistance | No |
Marketing Support
| Co-Op Advertising | No |
|---|---|
| National Advertising | No |
| Regional Advertising | No |
| Local Advertising | No |
| Other Marketing Support | Internet |
Ongoing Support
| 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 |
Training
| NR | 2 Weeks plus On-Site |
Financial Requirements
Investment
| Minimum Net Worth | $250K |
|---|---|
| Cash Investment | $65-75K |
| Total Investment | $83-198K |
| Average Total Investment | $141K |
Fees
| Initial Franchise Fee | $15-35K |
|---|---|
| Average Franchise Fee | $25K |
| On-Going Royalty | 10% |
| Average Royalty | N/A |
| Advertising Fee | 3% |
Site Information and Requirements
| 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 |
Franchisee Qualifications
| Financial Net Worth | 3 |
|---|---|
| General Business Experience | 3 |
| Specific Industry Experience | 3 |
| Formal Education | 3 |
| Psychological Profile | 4 |
| Personal Interviews | 4 |
Terms of Contract
| 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 |
Expansion Plans
| Projected New Units Over Next 12 Months | 9 |
|---|---|
| USA | Yes, CA, CO, FL, GA, HI, MN, NV, OH, TN |
| Canada | No |
| Overseas | No |
