Young Chefs Academy vs Lightbridge Academy Franchise Comparison

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

Start-Up Costs and Fees
 
Young Chefs Academy Franchise
Lightbridge Academy Franchise
Investment $120,300 - $196,900$549,228 - $5,054,735
Franchise Fee $39,900$40,000
Royalty Fee $395/month7%
Advertising Fee -2%
Year Founded 20041997
Year Franchised 20052011
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Young Chefs Academy Franchise
Lightbridge Academy Franchise
Experience

*Franchisees must live in the market they wish to operate. *You must have a minimum of $72,000.00. *We carefully consider your personal experience and people skills. *You must understand the unique attributes of operating a business within a franchise system. *You need to be able to execute a franchise agreement within 3 months from the initial request for consideration to begin the qualification process.

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Financing Options
 
Young Chefs Academy Franchise
Lightbridge Academy Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/Yes-/Yes
Start-up Costs No/Yes-/Yes
Equipment No/No-/Yes
Inventory No/No-/Yes
Receivables No/No-/Yes
Payroll No/No-/Yes

Training & Support
 
Young Chefs Academy Franchise
Lightbridge Academy Franchise
Training

Hands on initial training supports our operations manual so that each new franchisee represents our brand to the standard of quality associated with Young Chefs Academy. All new Young Chef Academy Franchise Owners receive on-site training followed by continual training throughout the franchise relationship. Our initial training program is designed to prepare you to furnish you with the right tools to make your dream a reality and allow you to begin your business immediately after you successfully complete your training.

On-The-Job Training: 28 hours Classroom Training: 128 hours Additional Training: Ongoing
Support

Through our wide-range of expertise, there is always someone to turn to for answers.

Purchasing 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 Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations -Absentee Ownership Allowed

Number of Employees Required to Run: 32


Expansion Plans
 
Young Chefs Academy Franchise
Lightbridge Academy Franchise
US Expansion --
Canada Expansion No-
International Expansion No-

Company Overviews

About Young Chefs Academy

Picture a joyful kitchen, full of inspired children creating culinary masterpieces and filling the air with laughter and learning... Welcome to Young Chefs Academy, the only franchise that will enable your children to transfer their learning and transform the most popular room in everyone's home into something quite extraordinary! Why is Young Chefs Academy the right choice for today? Cooking is one of the hottest past times today with new cooking programs coming online and on television every week. Cooking has always interested every age group but now more than ever, cooking has become one of the most popular extra-curricular activities for children. Parents recognize the value of teaching their children to cook and are actively seeking out programs that enrich their children's life now and for their future. Children, parents, schools, teachers and health care providers are recognizing what the Young Chefs Academy's brand is doing to improve the lives of children and their communities across the country. Not only does Young Chefs Academy promote cooperation and camaraderie among its fellow students, it helps build solid relationships within the family unit. In addition, Young Chefs Academy has.... Experienced management, culinary arts and curriculum teams. A successful franchise system. A proven business model. Strong food industry partnerships. Strong trademarks and brand recognition. Freedom from major supply contracts. A centralized, skilled and knowledgeable support team. Exclusive territories. Excellent initial training and continual education and ongoing programs. Marketing support and advertising materials. Ongoing business and franchise support. Many of our best retail franchise opportunities are now available and we are seeking qualified individuals to become part of our growing, dynamic cooking team. If you’re prepared to revolutionize your personal life and create financial freedom, Young Chefs Academy is ready for you.

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.