How is the assignment of a single-unit Learningrx Center within the Development Territory governed?

According to the 2025 Learningrx Franchise Disclosure Document, the assignment, transfer, or other disposition of a single-unit Learningrx Center within the Development Territory is governed by the franchise agreement to which that single-unit Center is bound. This means that the specific terms and conditions regarding the sale or transfer of a single Learningrx center are detailed in the individual franchise agreement for that particular center, not the area development agreement.

This is a common practice in franchising, as the franchise agreement outlines the specific obligations and rights related to the operation of that individual unit. The franchise agreement will likely contain provisions addressing the requirements for a potential buyer, the franchisor's right of first refusal, and any transfer fees or other conditions that must be met before the assignment can be completed.

For a prospective area developer, this means that if they plan to sell a single Learningrx center within their territory, they must adhere to the terms outlined in the franchise agreement for that specific center. It is important to carefully review the franchise agreement for each center to understand the requirements and restrictions related to assignment. This ensures compliance with Learningrx's policies and a smooth transfer process.