How many Learningrx centers were operating in Minnesota at the start 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 were 7 Learningrx centers operating in Minnesota at the start of 2022. The table provided in Item 20 of the FDD outlines the number of outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year for each state.
For a prospective franchisee, this information is useful in understanding the historical growth and stability of Learningrx in specific geographic areas. Seeing that Minnesota had 7 centers at the beginning of 2022 and maintained that number throughout the year indicates a stable market presence.
However, it's important to note that the number decreased to 6 by the end of 2023 due to one outlet ceasing operations for other reasons. This could be a point of inquiry for a potential franchisee to understand the reasons behind this closure and whether it reflects any challenges specific to the Minnesota market.