LearningRx vs LeafSpring School Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of LearningRx vs LeafSpring School including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$90,000 - $149,000 | $3,546,150 - $6,473,700 |
Franchise Fee |
$25,000 | $87,500 |
Royalty Fee |
7% -8% | 6% |
Advertising Fee |
3% | - |
Year Founded |
1986 | 1988 |
Year Franchised |
2003 | 2018 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
$5K | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | -/Yes |
Start-up Costs |
No/No | -/Yes |
Equipment |
No/No | -/Yes |
Inventory |
No/No | -/Yes |
Receivables |
No/No | -/- |
Payroll |
No/No | -/- |
Training & Support |
Training |
As a brain training company, we value initial and ongoing training very highly. Our training includes a 2-day job shadowing with one of our franchisees prior to our 10-day training in Colorado Springs, CO. The 10-day franchise training covers our over 200 proprietary training procedures, marketing, public relations, business operations, networking, testing, administration, hiring, and much more.
Our brain trainers are trained on-site by the franchisee, using over 40 hours of online material as well as 20-30 hours of in-person training and observation. We also offer ongoing training and support via our Helpdesk (phone and email support) and quarterly calls with our support team. |
On-The-Job Training: 20 hours
Classroom Training: 60 hours
|
Support |
We know that the success of our franchisees is our success. Valuable support is a top priority for us, and we strive to help our franchisees however possible. Our support team is led by a former franchisee and LearningRx parent, who understands the day-to- day running of a center firsthand. We also have a marketing and business coach, who will help our first-year franchisees create and implement their 12-month business plan and offer ongoing support of business operations. The support team also runs the helpdesk, which is available by phone and email and boasts a very fast turnaround.
We provide a franchise operations system designed to support all of your business needs from site selection and build out to launch marketing and sales prospecting. We are continually introducing new Brain Balance programs, products and services to increase your sales opportunities. Through national media exposure, training and consulting by program creator and co-founder, Dr. Robert Melillo renowned researcher, lecturer and author of several best sellers including, Disconnected Kids, Reconnected Kids and his latest book, Autism | Newsletter
Meetings/Conventions
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Franchisee Intranet Platform
|
Marketing |
We offer new materials on a regular basis across multiple platforms: social media, print, TV, radio, PPC, SEO, etc.
You can also join a voluntary marketing co-op where applicable.
*National PR exposure *Exposure Across the Digital Landscape *Web-based Requisition System for Customized Marketing Materials *Local Marketing Guidance | Ad Templates
National Media
Social media
SEO
Website development
Email marketing
|
Operations |
10% of all franchisees own more than one unit
Number of employees needed to run franchised unit: 3 - 3
Absentee ownership of franchise is allowed. (67% of current franchisees are owner/operators)
| Number of Employees Required to Run: 65 |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
Yes | - |
International Expansion |
No | Yes |
Company Overviews
About LearningRx
In the 1980's, brothers Dr. Ken Gibson and Dr. Keith Gibson--
a specialist in visual processing and a clinical psychologist,
respectively-- sought a way to help people with learning difficulties to
learn more quickly and easily. They developed a series of short,
intense training exercises to improve concentration and recall
abilities. Once this method proved successful in trials, they continued
to test and enhance the program with input from other specialists in
education, medicine and psychology, in order to help students with
attention problems, dyxlexia, memory problems and other learning
disabilities to improve their cognitive skills.
Dr. Ken Gibson began franchising under the name LearningRx in 2003, and
is currently the company's CEO.
Veteran Incentives 10% off franchise fee
Part of the Entrepreneur Franchise 500® 7 years in a row!
About LeafSpring School
WHAT’S IN A NAME?
A lot, it turns out. Especially when a company has spent decades building trust, creating value, and forging meaningful relationships in the community it serves. And yet, our name was chosen back in 1989, when Rainbow Station was nothing more than a seed of potential. A possibility. Now, many years and many schools later, Rainbow Station’s strong foundation has supported the growth and expansion of our Richmond, Virginia company into an international leadership preschool, with facilities located across the U.S. and overseas.
WHY THE NAME CHANGE?
As we’ve expanded, countless schools in the early childhood education industry have begun using the name “Rainbow.” Our mission, our values and our curriculum have set us apart from these other schools for decades, but the name Rainbow Station is not the differentiator it once was. As attached as we are to our name, it was time to change. In January 2018, Rainbow Station began changing its name to
LeafSpring SchoolWHY LEAFSPRING?
In a nod to the train imagery that was the foundation for our brand, a leaf spring helps stabilize a train’s engine as it moves along the tracks. It is our mission to ensure that our schools continue to be that same stabilizing force in the life of every child that walks through our doors. Our new
LeafSpring School logo was designed to embody the enthusiasm, energy, and creativity that makes our schools unique.
WHERE DO WE GO FROM HERE?
At LeafSpring School, we recognize the importance of giving our students roots, while at the same time providing them with the springboard they need to reach their own individual potential in the world. Thank you, as always, for trusting us with your most precious gifts. We are so excited to see what grows from here. Come join us and ride the train to success.
Veteran Incentives 25% off franchise fee
#79 in Gator's Top franchises.