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Learning RX
5085 List Dr., # 200
Colorado Springs, CO 80919
800#: (800) 535-5441
Tel: (719) 955-6703
Fax: (719) 522-0434
E-Mail: [email protected]
Web Site: www.learningrx.com
Contact: Ms. Tanya Mitchell, VP Franchise Development
LEARNING RX is a franchise at the forefront of finding and correcting the root of learning problems (cognitive skills). Studies show that 88% of learning problems have week cognitive skill as a primary cause. Over 15,000 students have increased their reading and learning skills (attention, memory, reasoning, visual or auditory processing or processing speed) by an average of 4 grade levels within 24 weeks using these interactive programs. Enhancement training for adults and athletes.
Franchisor Background
Established: 2002
First Franchise: 2003
Franchise Units: 35
Company-Owned Units: 1
Total Units: 36
Distribution:
U.S. -- 36;
Canada -- 0;
International -- 0
-North America -- Operations in 16 States
-States/Provinces with Greatest Density: 5 in OH, 4 in CO
Projected New Units Over Next 12 months:
Franchisee Qualifications: , , , , ,
(Click here for an explanation)
Registered in Following Registration States: (Click here for an explanation)
Average Number of Employees: 3 FT, 20 PT (FT = Full Time, PT = Part Time)
Space Needs: 1,600-2,000 SF; SF, SC, Profess. Bldg.
(Click here for abbreviations)
Encourage Conversion:
Financial Requirements
Cash Investment: $150-200K
Total Investment: $150-200K
Average Total Investment: $175.0K
Minimum Net Worth: $250K
Fees:
-Franchise: $45K
-Average Franchise Fee: $45.0K
-Royalty: 10%
-Average Royalty: 10.0%
-Advertising: 2.5%
Provide Earning Claim Statement: Yes
Terms of Contract
Term of Contract (Years): 10/10
Passive Ownership: Discouraged
Area Development Agreements: Yes/3
Sub-Franchising Contracts: No
Expand In Territory: Ues
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: No
Financial Assistance:
Cooperative Advertising: Yes
International Franchise Association: IFA MEMBER
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 14
On-Going Support: (Click here for an explanation)
Training:
Franchisor's Specific Expansion Plans
U.S.:
Canada:
Overseas:
Note: NR = No Response by Franchisor.
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