For Learningrx, what is included in the definition of 'Gross Revenue' for the Center and Satellite Location?

According to Learningrx's 2025 Franchise Disclosure Document, 'Gross Revenue' is defined as the total of all receipts derived from services or products sold at both the Center and any Satellite Location. This includes various forms of payment such as cash, credit, checks, gift certificates, scrip, coupons, services, property, bartering, or other means of exchange.

However, the definition of 'Gross Revenue' for Learningrx does allow for some exclusions. Specifically, sales tax receipts that the franchisee is legally obligated to collect and actually remits to the government are excluded. Additionally, promotional or discount coupons, refunds, and other courtesy discounts are subtracted to the extent that the franchisee does not realize any revenue from them. The value of services or products provided free to employees, or any portion not paid for by an employee, is also excluded from Gross Revenue.

It is important to note that Learningrx franchisees cannot deduct credit card or debit card processing fees from Gross Revenue. This means that the royalty calculation will be based on the total revenue before these fees are subtracted, which could slightly increase the royalty amount owed to Learningrx. Franchisees should factor this into their financial planning and consider it when evaluating the overall profitability of their Learningrx center and any satellite locations.