How many Learningrx centers were operating in Hawaii at the end of 2024?
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 Hawaii at the end of 2024. The table provided in Item 20 outlines the number of outlets at the start and end of each year, as well as any changes that occurred during the year, such as openings, terminations, or re acquisitions by the franchisor.
For a prospective franchisee, this information indicates the historical performance and stability of Learningrx centers in Hawaii. The fact that the number of outlets remained constant from 2022 to 2024 suggests a stable market presence, though it could also indicate limited growth in the state.
It's important to note that past performance is not necessarily indicative of future results. A potential franchisee should further investigate the reasons behind the lack of growth and assess the current market conditions in Hawaii to determine the potential for future expansion. They should also consider factors such as local competition, demographics, and the demand for Learningrx's services in the area.