conditional

Under what condition is the satellite location fee payable to Learningrx?

Learningrx Franchise · 2025 FDD

Answer from 2025 FDD Document

Name of Fee Amount Due Date Remarks
Satellite Location $5,000 per year As incurred Payable only if you request and we grant you the right to operate a Satellite Location.

Source: Item 6 — OTHER FEES (FDD pages 13–19)

What This Means (2025 FDD)

According to Learningrx's 2025 Franchise Disclosure Document, the satellite location fee is payable if you request and Learningrx grants you the right to operate a satellite location. The fee is $5,000 per year and is incurred as you operate the satellite location. This fee is in addition to other fees outlined in the FDD.

This means that if a Learningrx franchisee wants to expand their reach by opening a satellite location, they must first seek approval from Learningrx. If approved, the franchisee will be required to pay an annual fee of $5,000 for the privilege of operating that satellite location. This fee continues for each year that the satellite location remains in operation.

For a prospective Learningrx franchisee, this highlights the importance of carefully considering expansion strategies and the associated costs. While a satellite location can potentially increase revenue and market presence, the $5,000 annual fee must be factored into the financial projections to determine if the expansion is economically viable. It is also important to note that Learningrx has the discretion to grant or deny the right to operate a satellite location, so there is no guarantee that a franchisee's request will be approved.

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.