Little Scientists vs Lightbridge Academy Franchise Comparison

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

Start-Up Costs and Fees
 
Little Scientists Franchise
Lightbridge Academy Franchise
Investment $35,000$549,228 - $5,054,735
Franchise Fee $20,000$40,000
Royalty Fee 6%/$250/Mo.7%
Advertising Fee 1%2%
Year Founded 19931997
Year Franchised 19962011
Term Of Agreement 10 years +10-
Term Of Agreement 10 years +10-
Renewal Fee --


Business Experience Requirements
 
Little Scientists Franchise
Lightbridge Academy Franchise
Experience --

Financing Options
 
Little Scientists Franchise
Lightbridge Academy Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/Yes
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/Yes
Payroll -/--/Yes

Training & Support
 
Little Scientists Franchise
Lightbridge Academy Franchise
Training 1. HQ 1 Week 2. HQ 2 Times/Year 3. On Site 2-4 Times/Year On-The-Job Training: 28 hours Classroom Training: 128 hours Additional Training: Ongoing
Support Central Data Processing

Central Purchasing

Field Operation Evaluation

Field Training

Franchisee Newsletter

Central Data Processing

Regional or National Meetings

800 Telephone Hotline

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 Average Number of Employees: 2 Full-time, 6-10 Part-time

Passive Ownership: Allowed, But Discouraged

Absentee Ownership Allowed

Number of Employees Required to Run: 32


Expansion Plans
 
Little Scientists Franchise
Lightbridge Academy Franchise
US Expansion Yes-
Canada Expansion --
International Expansion Yes-

Company Overviews

About Little Scientists

The Little Scientists "hands-on" approach to teaching and learning was created to achieve two goals: to instill in children a passion for the exciting world of science and to help children develop specific scientific skills that will enable them to enjoy a lifetime of learning. We now have over 200 "hands-on" science lessons in subjects such as: Why is the Sky Blue, Magical Magnets, the Science of Flying, Chemistry, Electromagnetism -- and we are continuing to develop new lessons.

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.