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Updated RecentlyTutu School vs Lightbridge Academy Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Tutu School 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 | $73,700 - $135,200 | $549,228 - $5,054,735 |
| Franchise Fee | $36,000 | $40,000 |
| Royalty Fee | 5% | 7% |
| Advertising Fee | 1% | 2% |
| Year Founded | 2008 | 1997 |
| Year Franchised | 2012 | 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: 74 hours Classroom Training: 17 hours | On-The-Job Training: 28 hours Classroom Training: 128 hours Additional Training: Ongoing |
| Support | Newsletter Meetings Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software | 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 Templates Regional Advertising Social media Website development Email marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | Number of Employees Required to Run: 2 | Absentee Ownership Allowed Number of Employees Required to Run: 32 |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Tutu School
Why buy a franchise?
Let’s see if we can guess… You have an entrepreneurial spirit, but feel no desire to re-invent the wheel and start building a business model from scratch, right? Perfect! Purchasing a franchise business is ideal for individuals who want to be in business for themselves, but not by themselves. Becoming a franchisee balances independence with support, and compliments the freedom of ownership with the security of proven success.Why open a tutu school?
Owning your own Tutu School gives you the unique opportunity to pair a thoughtful mission with an exciting brand, all wrapped up in the sweetest of packages.
Tutu School is a collection of boutique-style ballet schools that cater
specifically to children 18 months to 8 years-old. Our mission is
simple: We believe that exposing children at the earliest possible age
to creativity, movement, and classical music will only serve them well
in whatever they choose to do with their lives, that dancing like swans
and Sugar Plum Fairies not only exercises little bodies but also
nurtures big imaginations, and that twirling should be a fundamental
part of any childhood.
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.