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Updated RecentlyRightTime KiDS vs Lightbridge Academy Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of RightTime KiDS vs Lightbridge Academy including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $138,500 - $313,500 | $549,228 - $5,054,735 |
| Franchise Fee | $31,500 | $40,000 |
| Royalty Fee | - | 7% |
| Advertising Fee | - | 2% |
| Year Founded | 2002 | 1997 |
| Year Franchised | 2008 | 2011 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/Yes |
| Start-up Costs | -/- | -/Yes |
| Equipment | -/- | -/Yes |
| Inventory | -/- | -/Yes |
| Receivables | -/- | -/Yes |
| Payroll | -/- | -/Yes |
Training & Support |
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| Training | - | On-The-Job Training: 28 hours Classroom Training: 128 hours Additional Training: Ongoing |
| Support | - | 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 |
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| US Expansion | - | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About RightTime KiDS
The Right Opportunity for the Right Entrepreneurs
We're looking for highly motivated individuals to join us in building a world-class drop-in childcare system. We want entrepreneurs who:
* Enjoy working with children and parents
* Appreciate the service value of drop-in childcare
* Are hard-working, responsible and detail oriented
* Have high energy, an outgoing nature, and a self-starter mentality
* Are customer-service oriented
* Enjoy working with diverse groups of people
* Have professional email, phone, and in-person customer skills
* Have excellent verbal and written communication skills
* Possess strong leadership, motivation and delegation abilities
If this describes you, we want to hear from you!
Our franchise package includes:
* Site selection assistance
* Lease negotiations
* Custom-developed proprietary software
* Architectural layouts and build out
* Operations manuals
* Marketing templates and materials
* Equipment purchase
* On-site employee training
* Turn-key solutions to get you open quickly and economically
* Dedicated Project Manager to work with you every step of the way on your build out
* Volume discounts on many essentials for day-to-day operations
* Intranet for Franchise Owners, including interactive forum to share ideas and solutions
* RTK University Courses, Evaluations and Certifications for you and your employees, providing ongoing online training and education
* Listed on the SBA REGISTRY for preferred, expedited SBA lending for
RightTime KiDS' franchisees
* Members of the IFA (Int'l Franchise Association), MinorityFran and VetFran to enable eligible franchise owners to participate in the benefits offered by those programs
* Plus MUCH more!
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
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#234 in Franchise 500 for 2020.
#143 in Franchise 500 for 2021.