LearningRx
Provides learning enhancement and cognitive (brain) training, including math and reading training and courses, for a variety of people, delivered in person and remotely using proprietary programs such as ThinkRx, ReadRx, ComprehendRx, MathRx, and LiftOff.
Your franchise match score
Education
Brand highlights
- CEOKim Hanson
- Headquarters6385 Corporate Drive, Colorado Springs, CO, 80919
- Year founded2003
- Year started franchising2003
- IndustryEducation
- Locations open47 (-1 last three years)
Statistics & metrics
- Investment range$75,000 - $220,000
- Franchise fee$45,000
- Royalty8% of Gross Revenues or the Minimum Monthly Royalty (Notes 2, 3, and 4); adjusted to 7.5% for revenues above $500,000/yr and to 7% for revenues above $750,000/yr (within a calendar year)
- Brand fund3% of Gross Revenues per month, or the Minimum MDF Payment, up to a maximum of $15,000 per calendar year per Center (Note 6)
- Required Liquid CapitalN/A
- Required Net WorthN/A
Learn more about the Education industry:
Education franchises focus on supplemental learning, tutoring, and test preparation. This sector is rewarding for those who want to make a positive impact on students’ lives while running a profitable business.
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2025-01-07
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about LearningRx, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Business Experience | Review the professional backgrounds and relevant business experience of LearningRx's executives, directors, and key management personnel. | |
| Litigation | Understand any past or pending legal actions involving LearningRx, its affiliates, or key personnel that may be relevant to prospective franchisees. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a LearningRx franchise, including startup costs and working capital estimates. | |
| Financial Performance Representations | Review any financial performance information LearningRx provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 47 |
| Franchise locations | 46 |
| Corporate locations | 1 |
System growth over time
FAQs
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