LearningRx logo
One-on-one cognitive training for all ages

Investment

$150,000

Initial Franchise Fee

$30,000 - $45,000

Units

47

Growth Rate

-2%

Overview About Investment Territories Support Operations Ranking History

Overview

Industry Children's Businesses
Founded 1986
Franchising Since 2003
Parent Company LearningRx Inc.
Leadership Kim Hanson, CEO
# of Employees at HQ 15

Units and Growth Chart

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About LearningRx

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. 

Investment Details

Initial Franchise Fee $30,000 - $45,000
Initial Investment $150,000 - $223,000
Cash Requirement
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Royalty Fee
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Ad Royalty Fee
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Term of Agreement
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Is Franchise Term Renewable?
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Financing
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Available Territories

Franchising opportunities available in the following regions

United States

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Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training
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Classroom Training
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Ongoing Support

Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform

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Operations & Requirements

Key operational details and requirements for running this franchise

Is absentee ownership allowed?
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Can this franchise be run from home/mobile unit?
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Can this franchise be run part time?
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# of employees required to run
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Are exclusive territories available?
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Veterans program
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Ranking History

LearningRx performance in the Franchise rankings over recent 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