How many Learningrx franchise agreements have been signed in Texas, but the outlet has not yet opened?
Learningrx Franchise · 2025 FDDAnswer from 2025 FDD Document
| 0 | 1 | | | 2022 | 1 | 0 | 0 | 0 | 0 | 1 | | Total Outlets | 2023 | 1 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 1 |
Table No. 5: Projected Openings as of September 30, 2024
| State | Franchise Agreements Signed but Outlet Not Opened | Projected New Franchised Outlets in the Next Fiscal Year | Projected New Company- Owned Outlets in the Current Fiscal Year |
|---|---|---|---|
| Arkansas | 0 | 1 | 0 |
| Florida | 0 | 1 | 0 |
| New Jersey | 0 | 1 | 0 |
| Oregon | 0 | 1 | 0 |
| Texas | 1 | 1 | 0 |
| Virginia | 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, as of the date of the document, there is one franchise agreement signed in Texas for a Learningrx outlet that has not yet opened. This means that a franchisee has committed to opening a Learningrx center in Texas, but the location is not yet operational.
For a prospective franchisee, this information indicates the current level of development in Texas. It suggests that there is already some brand presence and commitment in the state, but also an opportunity to establish a new center. It is important to note that this is a snapshot in time, and the status could change.
Additionally, the FDD indicates that Learningrx projects opening one new franchised outlet in Texas in the next fiscal year. This suggests that Learningrx is actively looking to expand its presence in Texas and sees potential for growth in the state. A prospective franchisee should inquire about the specific location and timeline for the existing signed agreement, as well as the projected new outlet, to understand the competitive landscape and market potential.