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What is the total estimated initial investment for a Learningrx Standard Franchise (Item 7), considering the initial franchise fee (Item 5)?

Learningrx Franchise · 2025 FDD

Answer from 2025 FDD Document

Type of Expenditure(1) Satellite Location Population Varies in 10-mile radius Micro Franchise “under” to below 100k in 10-mile radius Standard Franchise 100k plus in 10-mile radius To Whom Payment is to be Made
Initial Franchise $5,000 $30,000 $45,000 Us
Fee(2)
Travel and Living Expenses While Training(3) $0 $3,000 $3,000 Airlines, hotels, car rental and restaurants
Initial Training & $0 $10,000 $10,000 Us
Materials Fee(4)
Initial Marketing $15,000 $15,000 $30,000 Third-party vendors
Campaign(5)
Security Deposit, First Month’s Rent or Real Estate & Improvements(6) $15,000 $22,000 $30,000 Landlord and third- party vendors
Furniture & $10,000 $15,000 $25,000 Third-party vendors
Fixtures
Signage $5,000 $5,000 $5,000 Third-party vendors
Miscellaneous $1,000 $2,000 $3,000 Suppliers, utilities,
Opening Costs(7) third-party vendors
Insurance $1,500 $2,000 $3,000 Insurance carrier
Policies*(8)
Computer $2,500 $4,000 $6,000 Third-party vendors
Equipment &
Proprietary
Software(9)
Additional Funds (initial three months)(10) $20,000 $40,000 $60,000 Suppliers, third-party vendors, etc.
TOTALS $75,000 $148,000 $220,000

What This Means (2025 FDD)

According to Learningrx's 2025 Franchise Disclosure Document, the estimated initial investment for a Standard Franchise is $220,000, as detailed in Item 7. This figure encompasses various expenditures necessary to commence operations. The initial franchise fee for a Standard Franchise, as outlined in Item 5, is $45,000. This fee is part of the overall initial investment.

Item 7 provides a breakdown of the estimated initial investment, including the initial franchise fee, travel and living expenses while training ($3,000), initial training and materials fee ($10,000), initial marketing campaign ($30,000), security deposit, first month’s rent or real estate & improvements ($30,000), furniture & fixtures ($25,000), signage ($5,000), miscellaneous opening costs ($3,000), insurance policies ($3,000), computer equipment & proprietary software ($6,000), and additional funds for the initial three months ($60,000).

Prospective Learningrx franchisees should note that these costs are estimates and can vary based on factors such as location, economic conditions, and specific business decisions. The FDD advises careful review of these figures with a business advisor before making a purchase decision. Additionally, all fees and payments are generally non-refundable, so franchisees should be certain of their decision before committing to the franchise. The initial marketing campaign must be spent within 90 days prior to or after the opening of the center.

It is important to note that Learningrx does not provide financing arrangements. If financing is needed, the cost will depend on the franchisee's creditworthiness, collateral, and the lending policies of the financial institution. The FDD recommends having at least one computer system, but suggests two, for business operations. Franchisees will also be required to use Learningrx's proprietary software and pay a quarterly technology fee ranging from $1,800 to $2,400 per year, depending on the territory size.

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.