LearningRx
Learning enhancement, cognitive training, reading training

About
Founded

1986

Franchising Since

2003 (17 Years)

Corporate Address

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

Leadership

Kim Hanson, CEO

Financial Requirements
Initial Investment

$90,000 - $149,000

Net-worth Requirement

$250,000

Liquid Cash Requirement

$44,000 - $60,000

Ongoing Fees
Initial Franchise Fee

$17,000 - $25,000

Ongoing Royalty Fee

8-7%

Ad Royalty Fee

3%

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

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Field Operations

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

Social media

SEO

Website development

Email marketing

On-The-Job Training:

20 hours

Classroom Training:

80 hours

Additional Training:

Job shadowing

Absentee Ownership Allowed
Number of Employees Required to Run:

3 - 30

Bio
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.
Cost
Initial Investment: Low - $90,000 High - $149,000
Units
-4.4%-3 UNITS (1 Year) -17.7%-14 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S.

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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: October 11th, 2019