How many Learningrx outlets in Florida were terminated 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 |
| State | Year | Outlets at Start of the Year | Outlets Opened | Terminations | Non- Rene
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 no terminations of Learningrx outlets in Florida during 2023. The provided table in Item 20 outlines the outlet information by state and year, including terminations.
The table shows that for Florida in 2023, there was one outlet at the start of the year, no outlets opened, and zero terminations. This resulted in one outlet at the end of the year.
This information is valuable for potential franchisees as it provides insight into the stability and performance of Learningrx franchises in specific locations. A lack of terminations can be a positive indicator, suggesting that franchisees are generally successful and satisfied with their investment. However, it is essential to consider other factors, such as the number of outlets that ceased operations for other reasons, non-renewals, and transfers, to gain a comprehensive understanding of the franchise system's health.