Kidz Watch vs Lightbridge Academy Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Kidz Watch vs Lightbridge Academy including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$127,000 - $214,500 | $549,228 - $5,054,735 |
Franchise Fee |
$25,000 | $40,000 |
Royalty Fee |
- | 7% |
Advertising Fee |
- | 2% |
Year Founded |
2002 | 1997 |
Year Franchised |
2003 | 2011 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
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 |
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 |
US Expansion |
Yes | - |
Canada Expansion |
- | - |
International Expansion |
- | - |
Company Overviews
About Kidz Watch
Do you want to make an incredible contribution to your community while experiencing tremendous business success at the same time? The single unit Kidz Watch franchise opportunity is for you. Our unique hourly, drop-in and flexible full-time childcare service serves an urgent need in communities everywhere.
When a new Kidz Watch Drop-In Childcare center opens its doors grateful parents stream in with their children, eager to take advantage of our trusted and user-friendly service .
A successful Kidz Watch franchise applicant is guided every step of the way by our experienced corporate team at Kidz Watch headquarters. As a franchisee you receive the full benefit of our industry-leading seven-plus years in the short-term childcare business including:
Site selection & center-design
Business Plan and Business Operations training
Administrative and State Regulations Compliance Training
Employee and Caregiving Systems Training - including our on-site "Kidz Watch University" course at our corporate centers in Toledo, OH
Full Marketing Support, including administration of your in-store Customer Relationship Management ("CRM) system.
Ongoing Training and Quality Service Inspections by the Kidz Watch Corporate Team.
The Kidz Watch multi-unit franchise opportunity is ideal for an individual or company looking to capitalize on uncontested market space. In using the unique and proprietary Kidz Watch system for providing hourly, drop-in and flexible full-time childcare, investors can bring a successful service delivery system to their city or community that likely does not yet have a presence and/or competitor for this segment of the commercial childcare industry. The Kidz Watch concept lends itself well to multi-unit development. Our centers are boutique style as compared to traditional childcare facilities and our build-outs are able to customize to virtually any commercial space. Each Kidz Watch serves a relatively tight surrounding market, thereby allowing for easy multi-unit expansion and management.
To the successful Kidz Watch
Multi-Unit Franchise applicant, Kidz Watch offers complete training and guidance in all phases of lead-up, development and operations. Kidz Watch also manages marketing and customer relationship management ("CRM") for all its Kidz Watch franchisees.
Exclusive to multi-unit franchisees who may desire a more passive investment, Kidz Watch makes available additional operational management services outside of its standard franchise agreement.
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
#234 in Franchise 500 for 2020.
#143 in Franchise 500 for 2021.