factual

What is the timeframe Learningrx uses to determine if a franchisee has ceased communication, potentially leading to their inclusion on the 'Former Franchisees' list?

Learningrx Franchise · 2025 FDD

Answer from 2025 FDD Document

Below is the list of franchisees who had an outlet terminated, canceled or not renewed, or otherwise voluntarily or involuntarily ceased to do business under the franchise agreement during our most recently completed fiscal year or who has not communicated with us within 10 weeks of the issuance date of this Disclosure Document. If you buy this franchise, your contact information may be disclosed to other buyers when you leave the franchise system.

Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 48–53)

What This Means (2025 FDD)

According to Learningrx's 2025 Franchise Disclosure Document, a franchisee may be included on the 'Former Franchisees' list if they have not communicated with Learningrx within a specific timeframe. This timeframe is defined as 10 weeks from the issuance date of the Disclosure Document.

This means that if a Learningrx franchisee ceases communication with the company for a period of 10 weeks after the FDD issuance date, Learningrx may consider them to have 'ceased to do business' under the franchise agreement. Consequently, their information could be included on the list of former franchisees.

Prospective franchisees should be aware that this lack of communication, even without formal termination, can lead to being categorized as a former franchisee. This could have implications for how Learningrx handles inquiries about the franchise and how potential buyers perceive the health and stability of the Learningrx franchise system. It is important for franchisees to maintain regular communication with Learningrx to avoid being prematurely classified as a former franchisee.

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.