factual

How many Learningrx franchised outlets were operating in the United States as of September 30, 2024?

Learningrx Franchise · 2025 FDD

Answer 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.

The information below represents the 45 franchised Centers that had complete data and were opened for the full 12 months during the fiscal year is organized into four quartiles ("Quartiles") which were determined based on the Total Revenues generated by the Centers during our last fiscal year based upon the business records and financial statements prepared by our Affiliate and our franchisees which were prepared in a manner consistent with generally accepted accounting principles. The table below also includes information for four Micro Franchises.

Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 46–48)

What This Means (2025 FDD)

According to Learningrx's 2025 Franchise Disclosure Document, as of September 30, 2024, there were 45 Learningrx franchised outlets operating in the United States. The FDD also notes that two franchised outlets closed during the last fiscal year.

This information is crucial for prospective franchisees as it provides a snapshot of the brand's presence and stability in the U.S. market. Knowing the number of operating franchises helps in assessing the brand's market penetration and potential for growth in different regions. The closure of two outlets during the fiscal year may warrant further investigation to understand the reasons behind those closures and whether they reflect any systemic issues within the franchise system.

Furthermore, Learningrx provides financial performance representations based on data from these 45 franchised centers, which are divided into quartiles based on total revenues. This data is based on the fiscal year ending September 30, 2024, and includes centers that had complete data and were open for the full 12 months. The financial performance data is derived from franchisee-generated gross revenue records.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.