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Below is an in-depth analysis and side-by-side comparison of Adventure Kids Playcare 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 | $350,000 - $589,000 | $549,228 - $5,054,735 |
Franchise Fee | $29,500 | $40,000 |
Royalty Fee | 5% | 7% |
Advertising Fee | - | 2% |
Year Founded | 2004 | 1997 |
Year Franchised | 2006 | 2011 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
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 | No/Yes | -/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 |
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Training | * Available at headquarters: 10 days * At franchisee's location: 5 days | On-The-Job Training: 28 hours Classroom Training: 128 hours Additional Training: Ongoing |
Support | * Newsletter * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives | 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 | * Ad slicks * Regional advertising | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | * 20% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 15 - 20 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Absentee Ownership Allowed Number of Employees Required to Run: 32 |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | - | - |
We are seeking unique individuals to award our Adventure Kids Playcare franchises. Qualified applicants must have an energetic and positive personality, love being around children and making a difference in their lives, and possess strong people skills. Applicants should also be committed to the highest quality of customer service and operational excellence. If you have a passion for children and a desire to begin a business that: * focuses on allowing children to play, explore and learn * provides parents peace of mind that their children are in a safe and secure environment * supports you with a fun, satisfying career while maintaining family focus * requires a reasonable investment * provides an excellent potential for financial and personal growth... then you've come to the right place!