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What is the estimated cost of travel and living expenses while training for a Learningrx franchisee (Item 7) and how does

Learningrx Franchise · 2025 FDD

Answer from 2025 FDD Document

Type of Expenditure(1) Satellite Location Population Varies in 10-mile radius Micro Franchise “under” to below 100k in 10-mile radius Standard Franchise 100k plus in 10-mile radius To Whom Payment is to be Made
Initial Franchise $5,000 $30,000 $45,000 Us
Fee(2)
Travel and Living Expenses While Training(3) $0 $3,000 $3,000 Airlines, hotels, car rental and restaurants

What This Means (2025 FDD)

According to Learningrx's 2025 Franchise Disclosure Document, the estimated cost for travel and living expenses during training varies depending on the type of franchise. For a Satellite Location, the estimate is $0, assuming the owner does not need to travel to Colorado Springs for training. However, for both Micro and Standard franchises, the estimated cost is $3,000. These expenses cover airlines, hotels, car rentals, and restaurants.

This means that prospective Learningrx franchisees should budget accordingly based on the franchise type they intend to operate. Satellite franchisees may save on these initial training expenses, while Micro and Standard franchisees need to factor in the $3,000 for travel and living costs. It is important to note that these are just estimates, and actual costs may vary depending on factors such as travel distance, accommodation preferences, and dining choices.

Item 11 of the Learningrx FDD states that the franchisee and their designated manager must attend and complete the training to Learningrx's satisfaction before opening their location. If the training is not successfully completed, the franchisee will be required to repeat the training, incurring additional travel and living expenses. This underscores the importance of budgeting adequately for potential additional training-related costs.

It is also important to note that Learningrx reserves the right to conduct any or all training virtually, which could potentially reduce or eliminate travel and living expenses. Franchisees should confirm with Learningrx the current training format and location to accurately estimate these costs.

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.