Learning RX
Yes, we actively support the inclusion and development of minority-owned franchises in the Learning RX system.
Learning RX
5085 List Dr., # 200
Colorado Springs, CO 80919
800#: (800) 535-5441
Tel: (719) 955-6703
Fax: (719) 522-0434
E-mail: info@learningrx.com
Web Site: www.learningrx.com
Contact: Ms. Tanya Mitchell, VP Franchise Development
LEARNING RX 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 wea`k cognitive skill as a primary cause. Over 15,000 students have increased their reading and learning skills (attention, memory, reasoning, visual or auditory processing or processing speed) by an average of 4 grade levels within 24 weeks using these interactive programs. Enhancement training for adults and athletes.
Franchisor Background
Established: 2002
First Franchise: 2003
Franchise Units: 35
Company-Owned Units: 1
Total Units: 36
Distribution:
> North America -- Operations in 16 States
> States/Provinces with Greatest Density: 5 in OH, 4 in CO
Units Owned by Minorities:
>African-American:
>Hispanic:
>Asian-American:
>Native American:
>Other:
Average Number of Employees: 3 FT, 20 PT (FT = Full Time, PT = Part Time)
Space Needs: 1,600-2,000 SF; SF, SC, Profess. Bldg.
(for abbreviations click here)
Financial Requirements
Cash Investment: $150-200K
Total Investment: $150-200K
Average Total Investment: $175K
Minimum Net Worth: $250K
Fees
>Franchise: $45K
>Average Franchise Fee: $45K
>Royalty: 10%
>Advertising: 2.5%
Provide Earning Claim Statement: Yes
Terms of Contract
Term of Contract (Years): 10/10
Passive Ownership: Discouraged
Area Development Agreements:Yes/3
Sub-Franchising Contracts: No
Expand In Territory:Ues
Franchisor Support and Training Provided
Site Selection Assistance:Yes
Lease Negotiation Assistance: No
Cooperative Advertising: Yes
Franchisee Assoc. / Member: No
Size Of Corporate Staff: 14
On-Going Support: (for an explanation click here)
Training:
Specific Minority Program(s) in Place: Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.
Franchisor's Specific Expansion Plans
U.S.:
Note: NR = No Response by Franchisor.
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