What is the deadline for paying the Satellite Location Fee for a Learningrx franchise?
Learningrx Franchise · 2025 FDDAnswer from 2025 FDD Document
lite Location, in accordance with the terms of the Franchise Agreement. The Satellite Location must comply with all specifications set forth in Franchisor's current Operations Manual.
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- Term. The term of this Addendum will begin on the date this Addendum is executed ("Execution Date") and, unless it is terminated earlier according to this Addendum, will expire at midnight on the three hundred, sixty-fifth (365th) day after the Execution Date ("Initial Term").
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- Satellite Location Fee. Upon the signing of this Addendum, Franchisee must pay a Satellite Location fee of Five thousand and 00/100 Dollars ($5,000.00) ("Satellite Location Fee"), if the Satellite Location is outside of the Territory. The Satellite Location Fee is fully earned upon signing this Addendum and is non-refundable under any circumstances. Upon making one annual payment of Five thousand and 00/100 Dollars ($5,000.00) or twelve (12) monthly payments of Four hundred fifty and 00/100 Dollars ($450.00) for a Satellite Location outside of the Territory,
Two thousand five hundred and 00/100 Dollars ($2,500.00) will be applied by Franchisor towards a future franchise agreement for Franchisee within the Territory.
Source: Item 23 — RECEIPT (FDD pages 54–209)
What This Means (2025 FDD)
According to Learningrx's 2025 Franchise Disclosure Document, the Satellite Location Fee is due upon signing the addendum. Specifically, the franchisee must pay the Satellite Location Fee of $5,000 if the satellite location is outside of the territory. If the Satellite Location is within the Territory, a reduced Satellite Location Fee of $2,400 will only be due if Franchisee wishes to have to Satellite Location listed on the LearningRx website.
For franchisees who are granted the right to extend the addendum for additional 365-day periods, they must pay an additional Satellite Location Fee before the first day of that Successor Term.
Prospective franchisees should note that the Satellite Location Fee is fully earned upon signing the addendum and is non-refundable under any circumstances. This means that regardless of whether the satellite location becomes successful or if the franchisee decides to terminate the addendum early, the fee will not be returned.