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Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$145K - $200K
Units as of 2023
48 Decrease 12% over 3 years

LearningRx is a training center that uses activities to build up an individual's intellectual skills. A main difference between the LearningRx method and regular tutoring may be that LearningRx focuses on identifying the skills behind learning and reinforcing them. Regular tutoring tends to focus on retaining information.

LearningRx was founded in 1986 and started franchising in 2003. However, its methods and programs result from a long developmental process dating back to the 1960s. LearningRx improved this trial and error process until its outcome was scientifically demonstrable and franchisable.

Why You May Want to Start a LearningRx Franchise

LearningRx typically shows results in improving major skills performed by the brain, such as memory, speed, and attention. If you are looking for a transformative, professional, and top educational company with which to open a franchise, then LearningRx might be the right choice for you. 

Being a franchisee with this company might give you a proven business model, systematic training programs that are effective on the brain, and a curriculum that fits most ages. As a franchisee, you might also have access to the company's web portal, where you may learn about franchisees' sales figures and business strategies to help you better position your business in your local market.

What Might Make a LearningRx a Good Choice?

To be part of the LearningRX team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. You should also prepare yourself for ongoing fees that will include advertising, royalty, and renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements. Additional costs may include the initial training and material fee, opening and inventory expenses, computer equipment, proprietary software costs, and more. The financial investment size may also depend on the size of the territory you franchise.

LearningRx has partnered with third party financial lenders that may offer help covering the franchise fee, startup cost, equipment, inventory, and payroll.

LearningRx also may provide franchisees with an extensive support system, including comprehensive initial training, designed market materials, and advertising support to promote your new center.

How To Start a LearningRx Franchise

As you decide if opening a LearningRx franchise is the right decision for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a LearningRx franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible franchise growth. 

Also, before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. Speak to existing franchisees and the executive team during the franchising process to get a first-hand account of what it means to operate with the LearningRx brand. 

If you are interested in opening a LearningRx franchise, you may submit a franchise request form. If you are seen as a good fit, a LearningRx franchise representative may reach out to you to begin the process. 

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Company Overview

About LearningRx

Industry Children's Businesses
Related Categories Children's Enrichment Programs: Miscellaneous, Miscellaneous Children's Businesses, Tutoring, Children's Education/Enrichment
Founded 1986
Parent Company LearningRx Inc.
Leadership Kim Hanson, CEO
Corporate Address 5085 List Dr., #200
Colorado Springs, CO 80919
Social Facebook, Twitter, LinkedIn, Instagram, YouTube

Business Overview

Franchising Since 2003 (21 years)
# of employees at HQ 15
Where seeking

This company is offering new franchises throughout the US.

This company is offering new franchises in the following international regions: Canada

# of Units 48 (as of 2023)

Information for Franchisees

Here's what you need to know if you're interested in opening a LearningRx franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Information Circle
$30,000 - $45,000
Initial Investment Information Circle
$145,000 - $200,000
Net Worth Requirement Information Circle
$175,000 - $250,000
Cash Requirement Information Circle
$40,000 - $55,000
Veteran Incentives Information Circle
10% off franchise fee
Royalty Fee Information Circle
7%-8%
Ad Royalty Fee Information Circle
3%
Term of Agreement Information Circle
10 years
Is franchise term renewable? Yes
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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing LearningRx has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training 36 hours
Classroom Training 35 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
Social Media
SEO
Website Development
Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed? Yes
Can this franchise be run from home/mobile unit? Information Circle
No
Can this franchise be run part time? Information Circle
Yes
# of employees required to run 8-16
Are exclusive territories available? Information Circle
Yes
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Franchise 500 Ranking History

Compare where LearningRx landed on this year's Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022