How many Learningrx franchises in Ohio ceased operations in 2023?
Learningrx Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 0 | |
|---|---|---|
| 2022 | 1 | |
| Ohio | 2023 | 0 |
| 2024 | 0 | |
| 2022 | 2 | |
| Tennessee | 2023 | 0 |
| 2024 | 0 | |
| 2022 | 0 | |
| Texas | 2023 | 0 |
| 2024 | 1 | |
| 2022 | 3 | |
| Totals | 2023 | 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 zero Learningrx franchises in Ohio that ceased operations in 2023. The provided table outlines the status of franchised outlets for the years 2022-2024. For Ohio in 2023, the table indicates that there were zero franchises that ceased operations for 'other reasons'.
This information is relevant for prospective franchisees as it provides insight into the stability and performance of Learningrx franchises in specific locations. A high number of ceased operations could indicate potential challenges or risks associated with operating a franchise in that area. In this case, the absence of any franchise closures in Ohio during 2023 could be seen as a positive sign.
It is important to note that this data only reflects one year, and further investigation into historical trends and the reasons behind any closures in other years or states would provide a more comprehensive understanding of the franchise's performance. Reviewing the performance of Learningrx franchises over multiple years can give potential franchisees a better understanding of the long-term viability of the business.