Childrens Lighthouse vs Lightbridge Academy Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Childrens Lighthouse vs Lightbridge Academy including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Childrens Lighthouse Franchise
Lightbridge Academy Franchise
Investment $440,600 - $630,000$549,228 - $5,054,735
Franchise Fee $50,000$40,000
Royalty Fee 7%7%
Advertising Fee -2%
Year Founded 19971997
Year Franchised 19992011
Term Of Agreement 15 years-
Term Of Agreement 15 years-
Renewal Fee --


Business Experience Requirements

 
Childrens Lighthouse Franchise
Lightbridge Academy Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • (qualifications important but not required)
  • -

    Financing Options

     
    Childrens Lighthouse Franchise
    Lightbridge Academy Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/Yes
    Start-up Costs No/Yes-/Yes
    Equipment No/Yes-/Yes
    Inventory No/Yes-/Yes
    Receivables No/Yes-/Yes
    Payroll No/Yes-/Yes

    Training & Support

     
    Childrens Lighthouse Franchise
    Lightbridge Academy Franchise
    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.On-The-Job Training: 28 hours Classroom Training: 128 hours Additional Training: Ongoing
    Support Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesPurchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
    Marketing Co-op advertising, Ad slicks, Regional advertisingCo-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
    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)

    Absentee Ownership Allowed

    Number of Employees Required to Run: 32


    Expansion Plans

     
    Childrens Lighthouse Franchise
    Lightbridge Academy Franchise
    US Expansion --
    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 Lightbridge Academy

    If you're looking to make a difference in the world, in your town and in our future, Lightbridge Academy provides a way to do it, while owning a great business. Tap into this growing, $40 billion industry with a company that will be with you from the moment you become a franchisee - from real estate selection through opening your center and beyond.
    Lightbridge Academy franchises offers programs for children from six weeks to six years old, including after-school enrichment and summer programs.
    Each school is a licensed childcare, with staff trained in early childhood education or childhood development.

    Veteran Incentives   10% off franchise fee
    "Entrepreneur
    #234 in Franchise 500 for 2020.
    #143 in Franchise 500 for 2021.