What is the Learningrx 'Development Schedule'?
Learningrx Franchise · 2025 FDDAnswer from 2025 FDD Document
After you have opened your first Center, or if you possess the necessary business operational skills and financial resources, you may request one or more additional territories ("Development Territory") in which to have the rights to develop additional Centers ("Area Development Rights") within a prescribed schedule ("Development Schedule"). If we grant you such right, you will sign our standard area development agreement to open a minimum of two Centers ("Area Development Agreement"), which is attached to this Franchise Disclosure Document as Exhibit C. The Development Schedule spells out the number of Centers that you agree to have open and operating by certain benchmark dates. Each Center that you develop will be opened and operating under the terms of a separate and then-current form of Franchise Agreement for that Center, which may differ from the current Franchise Agreement included with this Franchise Disclosure Document.
Source: Item 1 — THE FRANCHISOR, AND ANY PARENT, PREDECESSORS, AND AFFILIATES (FDD pages 8–11)
What This Means (2025 FDD)
According to Learningrx's 2025 Franchise Disclosure Document, the Development Schedule is a plan that specifies the number of Learningrx Centers a franchisee with Area Development Rights agrees to have open and operating by certain benchmark dates. After opening their first center, or if they possess the necessary business skills and financial resources, a franchisee can request additional territories, called Development Territories, to develop more centers.
To gain these Area Development Rights, franchisees must sign Learningrx's standard area development agreement, committing to open a minimum of two centers. These agreements are included as Exhibit C in the Franchise Disclosure Document. Each center developed under the Area Development Agreement will operate under a separate franchise agreement, which may differ from the initial franchise agreement.
In essence, the Development Schedule ensures that franchisees with Area Development Rights actively expand the Learningrx brand by opening new centers according to an agreed-upon timeline. This benefits both the franchisor and franchisee by promoting growth and market penetration. Prospective franchisees should carefully review the Area Development Agreement and Development Schedule to understand the specific obligations and timelines involved in developing multiple Learningrx centers.