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Promoted Opportunities

Initial Investment

LOW: $83,500
HIGH: $198,000

Change in Units

-3.7% -3 UNITS (1 Year)
-10.2% -9 UNITS (3 Years)

Company Profile

Founded

1986

Franchising Since

2003 (14 Years)

Corporate Address

5085 List Dr., #200 Colorado Springs, CO 80919

CEO

Ken Gibson

About LearningRx

In the 1980's, brothers Dr. Ken Gibson and Dr. Keith Gibson-- a specialist in visual processing and a clinical psychologist, respectively-- sought a way to help people with learning difficulties to learn more quickly and easily. They developed a series of short, intense training exercises to improve concentration and recall abilities. Once this method proved successful in trials, they continued to test and enhance the program with input from other specialists in education, medicine and psychology, in order to help students with attention problems, dyxlexia, memory problems and other learning disabilities to improve their cognitive skills. Dr. Ken Gibson began franchising under the name LearningRx in 2003, and is currently the company's CEO.

Financials

Financial Requirements

Initial Investment

$83,500 - $198,000

Net-worth Requirement

$250,000

Liquid Cash Requirement

$37,000 - $78,000

Ongoing Fees

Initial Franchise Fee

$15,000 - $35,000

Ongoing Royalty Fee

10%

Ad Royalty Fee

2.5%

Financing Options

LearningRx has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, inventory, accounts receivable

Veteran Incentives


10% off franchise fee

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S.

Operations & Franchisor Support

Training Onsite: 4 days

Training at headquarters: 10 days

Additional Training: Job shadowing

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
National Media
Regional Media

Absentee Ownership Allowed

Number of employees required to run: 3 - 30

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: March 20th, 2017

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