factual

What is the deadline for beginning construction or conversion of a Learningrx center after signing the franchise agreement?

Learningrx Franchise · 2025 FDD

Answer from 2025 FDD Document

  • 10.1 Center Construction. Franchisee must construct or convert a building and equip the Center, at Franchisee's expense, in a good and workmanlike manner as reasonably specified by Franchisor. All construction or conversion work must be completed in accordance with the standards and specifications of Franchisor and must conform with all applicable zoning and other requirements of local authorities. Construction or conversion must begin by the earlier of one (1) month from the date of execution of the Center's lease, or six (6) months from the date of this Agreement. Franchisor will approve or disapprove the plans within thirty (30) days of submission.
  • 10.2 Property. Franchisee may purchase or lease the required real property and improvements from any source upon terms approved by Franchisor in writing. Proposals for location of the Center must be submitted to Franchisor within six (6) months of the execution of this Agreement, or this Agreement will automatically terminate. Franchisee must deliver to Franchisor any traffic, competition, and demographic and similar location information relating to any proposed site, that Franchisor reasonably requests, for review at least twenty (20) days before any proposed lease signing date. Franchisee must deliver to Franchisor a copy of the proposed lease and an option to assume the lease upon termination of this Agreement signed by the lessor in favor of Franchisor in a form acceptable to Franchisor. If Franchisor

Source: Item 23 — RECEIPT (FDD pages 54–209)

What This Means (2025 FDD)

According to Learningrx's 2025 Franchise Disclosure Document, a franchisee must begin construction or conversion of a building into a Learningrx center relatively soon after either signing the lease or the franchise agreement. Specifically, construction or conversion must begin by the earlier of one month from the date of execution of the center's lease, or six months from the date of the franchise agreement. This requirement ensures that franchisees promptly establish their Learningrx centers and begin operations.

Additionally, the FDD states that the franchisee must submit proposals for the location of the center within six months of the execution of the franchise agreement. Failure to do so will result in the automatic termination of the agreement. This clause emphasizes the importance of timely site selection and submission of location proposals to Learningrx for approval.

Learningrx also requires that all construction or conversion work must be completed in accordance with their standards and specifications and must conform with all applicable zoning and other requirements of local authorities. Furthermore, Learningrx will approve or disapprove the construction plans within thirty days of submission, ensuring that the franchisee adheres to the brand's standards and local regulations.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.