| ||||
Updated RecentlyChildrens Lighthouse vs All About Kids Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Childrens Lighthouse vs All About Kids including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $440,600 - $630,000 | $2,677,500 - $3,372,500 |
| Franchise Fee | $50,000 | $50,000 |
| Royalty Fee | 7% | - |
| Advertising Fee | - | - |
| Year Founded | 1997 | 2005 |
| Year Franchised | 1999 | 2008 |
| Term Of Agreement | 15 years | - |
| Term Of Agreement | 15 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/Yes | -/- |
| Payroll | No/Yes | -/- |
Training & Support |
||
| Training | 4 weeks: 2 weeks of training at the Children's Lighthouse home office, one week of in-school training with seasoned Children's Lighthouse franchise owners and one week of post-opening training in your school. | Before your Center opens for business, we will make available to you and your employees initial training at our Center in Liberty Township, Ohio (owned by our T & J affiliate). Initial training is conducted on an as needed basis. It consists of a total of 24 hours of training over a 3-day period. |
| Support | Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | *Financial Assistance Provided *Site Selection Assistance *Lease Negotiation Assistance *Recruiting Assistance *Co-Operative Advertising |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
| Operations |
Franchisees required to buy multiple units/master licenses; 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 25 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | Many of our franchisee owners choose to be involved in the day to day operation of their center, but it is not a requirement. |
Expansion Plans |
||
| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Childrens Lighthouse
Childrens Lighthouse is currently offering franchises in all 50 states. We are totally committed to the support and service of our franchises. We've worked hard to develop quality management support systems to help you become successful in your new business. Targeted crew and management training programs, proven local neighborhood marketing tactics, aggressive advertising programs, labor and inventory control aids, equipment and supplies innovations are all examples of Childrens Lighthouse support tools. When you become a Childrens Lighthouse franchisee, you benefit from our many years of business experience. Although we are growing rapidly, we are not so big that you can't join us. Unlike some franchises, there is plenty of development territory still available. We are aggressively seeking new franchisees to expand existing markets as well as develop new ones. Opportunities range from single-unit franchises to multi-unit territories. And, we offer a variety of investment options for you to choose from. With Childrens Lighthouse, you can be in business quickly and at an investment level that best fits your particular situation and initial goals. Our program is designed to guide you from the moment you make the decision to purchase a franchise. In addition to counseling you in necessary financial matters, the most important step is selecting an appropriate site to build your childcare center and gaining exclusivity to that territory. The right location is critical to the success of your center and we have been successful in determining appropriate sites.
About All About Kids
Child care is the fastest growing service industry in the country. Learning Center based child care will continue to expand due to the number of parents who prefer a more formal setting for their children before they begin traditional schooling. Today, nearly two-thirds of mothers with young children have jobs and this trend continues to grow. The minimum capital requirements for a franchisee are $150,000 in liquid capital and a net worth minimum of $500,000. If you are interested in taking the next step to find out if an All About Kids Franchise could work for you, please contact us at 513-463-0222.