How many Learningrx outlets in Georgia were operating at the start of 2023?
Learningrx Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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- Renewals | Reacquired by Franchisor | Ceased Operations- Other Reasons | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| 2022 | 1 | 1 | 0 | 0 | 0 | 0 | 2 | |
| Colorado | 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 |
| 2024 | 2 | 0 | 0 | 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 2 Learningrx outlets operating in the state of Georgia at the beginning of 2023. The table provided in Item 20 of the FDD outlines the number of outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year for each state.
For a prospective franchisee, this information indicates the existing presence and stability of Learningrx in Georgia. It shows that the number of Learningrx centers in Georgia remained constant throughout 2023, with no new openings, terminations, or closures. This could suggest a stable market or limited growth opportunities in the state.
It's important to note that while the number of outlets remained the same, this doesn't necessarily reflect the financial performance or success of those centers. A prospective franchisee should further investigate the performance of existing Learningrx centers in Georgia to gain a comprehensive understanding of the market. This includes looking into factors such as revenue, profitability, and customer satisfaction to assess the viability of opening a Learningrx franchise in Georgia.