LearningRx

  • LearningRx Franchise Corp.
5085 List Dr., # 200
Colorado Springs, CO 80919
USA
  • (866) 679-1569 / (719) 264-8808
  • (719) 522-0434 (Fax)

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

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Support 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
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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
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Franchisee Qualifications

Financial Net Worth 3
General Business Experience 3
Specific Industry Experience 3
Formal Education 3
Psychological Profile 4
Personal Interviews 4
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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
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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
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Request Information for LearningRx

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