How many Learningrx centers were operating in Florida at the end of 2022?
Learningrx Franchise · 2025 FDDAnswer from 2025 FDD Document
| 0 | | 2024 | 0 | | | 2022 | 2 | | | Tennessee | 2023 | 0 | | 2024 | 0 | | | 2022 | 0 | | | Texas | 2023 | 0 | | 2024 | 1 | | | 2022 | 3 | | | Totals | 2023 | 0 |
| State | Year | Outlets at Start of the Year | Outlets Opened | Terminations | Non- Renewals | Reacquired by Franchisor | Ceased Operations- Other Reasons | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| 2022 | 1 | 1 | 0 | 0 | 0 | 0 | 2 | |
| Colorado | 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 |
| 2024 | 2 | 0 | 0 | 0 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 48–53)
What This Means (2025 FDD)
According to Learningrx's 2025 Franchise Disclosure Document, there was one Learningrx center operating in Florida at the end of 2022. At the start of 2022, there were two centers. During 2022, one center ceased operations for reasons other than termination, non-renewal, or reacquisition by the franchisor, resulting in one center at the end of the year.
This information is crucial for prospective franchisees as it provides a snapshot of the brand's presence and stability in Florida. The closure of a center during the year could indicate market challenges or other factors that potential franchisees should investigate. It is important to note that this data reflects only a specific point in time and may not be indicative of future performance.
Prospective franchisees should further investigate the reasons behind the center closure in Florida during 2022. Understanding the factors that led to this closure can help in assessing the risks and opportunities associated with opening a Learningrx franchise in Florida. This due diligence is essential for making an informed investment decision.