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Below is an in-depth analysis and side-by-side comparison of Lightbridge Academy vs Ducklings Early Learning Centers including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $549,228 - $5,054,735 | $478,600 - $3,668,400 |
Franchise Fee | $40,000 | $65,000 |
Royalty Fee | 7% | 6% |
Advertising Fee | 2% | 1% |
Year Founded | 1997 | 1994 |
Year Franchised | 2011 | 2016 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | While experience is always a plus, you don't need to previously have been a teacher or to have worked in a teaching environment to start a Ducklings franchise. A college degree is recommended, but not required. Owners of our locations have an entrepreneurial spirit and a passion for impacting the lives of the children. Our franchise owners also like to have fun at work. |
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 | - | Yes |
Canada Expansion | - | - |
International Expansion | - | No |