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Home >> Child-Related >> Children's Educational Program
| LearningRx 5085 List Dr. #200 Colorado Springs, CO 80919 |
Submit an online form to receive information from LearningRx.
|
Business Description
LearningRx 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 weak cognitive skills as a primary cause. Over 15,000 students have improved their learning skills (attention, memory, reasoning, visual or auditory processing, or processing speed) by an average of over 4 grade levels within 24 weeks of using these innovative programs. LearningRx also offers enhancement training for adults and athletes.
Franchisor Background
Year Established: 2002
Franchising Since: 2003
North America:
States/Provinces with the largest number of operating units:
Registered in Following Registration States:
Financial Requirements
Average Number of Employees: 3 Full-time, 20 Part-time
Space Needs (in square footage): 1,600-2,000
Preferred Sites:
Other Sites: Professional Building
Encourage Conversions? Not Applicable
Earnings Claims Provided?: Yes
LearningRx 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 weak cognitive skills as a primary cause. Over 15,000 students have improved their learning skills (attention, memory, reasoning, visual or auditory processing, or processing speed) by an average of over 4 grade levels within 24 weeks of using these innovative programs. LearningRx also offers enhancement training for adults and athletes.
Franchisor Background
Year Established: 2002
Franchising Since: 2003
| Operating Units: | |||||||||||||||||||||||||||||||
Franchised Units: | 47 | 97.9% | | ||||||||||||||||||||||||||||
| Company-Owned Units: | 1 | 2.1% | |||||||||||||||||||||||||||||
Total Operating Units: | 48 | 100.0% | |||||||||||||||||||||||||||||
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States/Provinces with the largest number of operating units:
| Density | Units |
| 1. Colorado | 5 |
| 2. Ohio | 6 |
Registered in Following Registration States:
Financial Requirements
| Investment: | |
| Minimum Net Worth: | $250K |
| Cash Investment: | $150-200K |
| Total Investment: | $75-150K |
| Average Total Investment: | $175K |
| Fees: | |
| Initial Franchise Fee: | $29K |
| Average Franchise Fee: | $29K |
| On-Going Royalty: | 10% |
| Average Royalty: | 10% |
| Advertising Fee: | 2.5% |
Space Needs (in square footage): 1,600-2,000
Preferred Sites:
Other Sites: Professional Building
Encourage Conversions? Not Applicable
Earnings Claims Provided?: Yes
| Franchisee Qualifications | |||||||||
Ranked from 1 (unimportant) to 5 (important): | |||||||||
| Financial Net Worth: | 3 | ||||||||
| General Business Experience: | 3 | ||||||||
| Specific Industry Experience: | 3 | ||||||||
| Formal Education: | 3 | ||||||||
| Psychological Profile: | 4 | ||||||||
| Personal Interview(s): | 4 | ||||||||
| Terms of Contract | |||||||||
| Term of Initial Contract: | 10 Year(s) | ||||||||
| Term of Renewal Period: | 10 Year(s) | ||||||||
| Passive Ownership: | Allowed, But Discouraged | ||||||||
| Area Development Agreements? | Yes, for 3 Year(s) | ||||||||
| Sub-Franchising Contracts? | No | ||||||||
| Franchisees Allowed to Expand Within Territory? | Yes | ||||||||
| Support and Training | |||||||||
| International Franchise Association: | Yes | ||||||||
| Canadian Franchise Association: | No | ||||||||
| Franchisee Association/Member: | No | ||||||||
| Size of Corporate Staff: | 17 | ||||||||
| 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 | ||||||||
| Marketing Materials: | None Specified | ||||||||
| Additional Services: | None Specified | ||||||||
| Other Marketing Support: | Internet | ||||||||
| On-Going Support: | |||||||||
| Central Data Processing: | Included in Fees | ||||||||
| Central Purchasing: | Not Applicable | ||||||||
| Field Operation Evaluation: | Included in Fees | ||||||||
| Field Training: | Not Applicable | ||||||||
| Initial Store Opening: | Not Applicable | ||||||||
| Inventory Control: | Not Applicable | ||||||||
| Franchisee Newsletter: | Included in Fees | ||||||||
| Regional or National Meetings: | Included in Fees | ||||||||
| 800 Telephone Hotline: | Not Applicable | ||||||||
| Training: | |||||||||
| 1. NR | 2 Weeks plus On-Site | ||||||||
| Expansion Plans | |||||||||
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Submit an online form to receive information from LearningRx.
|
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