How long does Learningrx have to purchase the business after receiving the franchisee's offer?

According to Learningrx's 2025 Franchise Disclosure Document, Learningrx has 30 days to decide if it will purchase the business after receiving a franchisee's offer. The franchisee must forward a signed copy of the written offer to Learningrx within seven days of receiving an acceptable bona fide offer from a qualified third party. This gives Learningrx access to all of the franchisee's business records to evaluate the offer.

This right of first refusal allows Learningrx to maintain control over who enters the franchise system and prevents unwanted or unqualified individuals from becoming franchisees. It also ensures that Learningrx can acquire existing, potentially successful centers if the franchisee decides to sell.

For a prospective franchisee, this means that selling their Learningrx franchise is not as simple as accepting the highest offer. They must first offer the business to Learningrx on the same terms. If Learningrx declines, the franchisee can then proceed with the third party, but only under the same or more favorable terms that were initially offered to Learningrx. This prevents the franchisee from undercutting Learningrx by offering a better deal to a third party after Learningrx has passed on the opportunity.