Kumon Canada vs Lightbridge Academy Franchise Comparison

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

Start-Up Costs and Fees

 
Kumon Canada Franchise
Lightbridge Academy Franchise
Investment $62,870 - $158,390$549,228 - $5,054,735
Franchise Fee $1,000$40,000
Royalty Fee -7%
Advertising Fee -2%
Year Founded -1997
Year Franchised -2011
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Kumon Canada Franchise
Lightbridge Academy Franchise
Experience --

Financing Options

 
Kumon Canada 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

 
Kumon Canada Franchise
Lightbridge Academy Franchise
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

 
Kumon Canada Franchise
Lightbridge Academy Franchise
US Expansion --
Canada Expansion --
International Expansion --

Company Overviews

About Kumon Canada

Kumon is the world's largest after-school math and reading program. The Kumon Method has helped millions of children achieve more than they ever thought they could. Kumon's, math and reading programs help children of all ages and levels become eager, independent self-learners. Unlike tutoring sessions, Kumon helps children learn how to learn on their own, and develops strong academic skills. Our students gain a sense of confidence that will help them in the classroom and beyond. The costs to start up and operate a Kumon Center are surprisingly modest. And so, relative to other educational franchises, profitability can come sooner. While management and teaching skills will help you succeed, formal qualifications are not necessary. That's because with Kumon's support and proven instructional method, the most important requirement is a passion to invest in the future - both yours and your students. If you are an enterprising individual interested in starting your own business and contributing to the community, Kumon is the perfect opportunity. With more than 50 years of success and growth, Kumon is one of the most established franchise businesses in the world. In North America, 340,000 students are enrolled in more than 2,000 individually owned and operated centres.

"Top
#23 in Canada's Top franchises.

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.