How many Learningrx franchised outlets closed during the last fiscal year?
Learningrx Franchise · 2025 FDDAnswer from 2025 FDD Document
As of September 30, 2024, we had 45 franchised outlets operating in the United States. Two franchised outlets closed during our last fiscal year.
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 46–48)
What This Means (2025 FDD)
According to Learningrx's 2025 Franchise Disclosure Document, two franchised outlets closed during the last fiscal year, which ended September 30, 2024. As of that date, there were 45 franchised outlets operating in the United States. This closure rate provides a snapshot of franchise stability within the Learningrx system.
For a prospective franchisee, this information is crucial for assessing the risks associated with investing in a Learningrx franchise. While two closures out of 45 operating outlets may seem relatively low, it is important to understand the reasons behind these closures. Factors such as location, management practices, local market conditions, and adherence to the Learningrx system could contribute to a franchise's success or failure.
It is advisable for potential franchisees to investigate further by speaking with current and former Learningrx franchisees to gain a deeper understanding of the challenges and opportunities within the system. Additionally, reviewing the complete FDD and consulting with a franchise attorney or advisor can provide valuable insights into the franchise agreement and the overall health of the Learningrx franchise network.