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Updated RecentlyLightbridge Academy vs Kidcreate Studio Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Lightbridge Academy vs Kidcreate Studio 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 | $108,860 - $261,350 |
| Franchise Fee | $40,000 | $45,000 |
| Royalty Fee | 7% | 8% |
| Advertising Fee | 2% | 1% |
| Year Founded | 1997 | 2007 |
| Year Franchised | 2011 | 2016 |
| 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 | -/Yes |
| Start-up Costs | -/Yes | -/Yes |
| Equipment | -/Yes | -/Yes |
| Inventory | -/Yes | -/Yes |
| Receivables | -/Yes | -/Yes |
| Payroll | -/Yes | -/Yes |
Training & Support |
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| Training | On-The-Job Training: 28 hours Classroom Training: 128 hours Additional Training: Ongoing | On-The-Job Training: 73 hours Classroom Training: 38 hours Additional Training: As needed |
| 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 | Purchasing Co-ops Newsletter Meetings/Conventions 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 | 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 | Number of Employees Required to Run: 4 - 12 |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
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]("https://d3fg11dgb68kbp.cloudfront.net/assets/photos/franchise-badge-22686037fc120ba1bd59c2c9fd6e0fbf.png"){kind=icon}
#234 in Franchise 500 for 2020.
#143 in Franchise 500 for 2021.
About Kidcreate Studio
!["Kidcreate]("https://kidcreate.com/oak/files/logos/kid-create-studios.fill.svg")
Owning a Kidcreate Studio franchise means enjoying many of the benefits
of small business ownership, including leaving the corporate grind
behind for a more flexible balance of work and home, taking control of
your financial destiny and charting a path for your future, and creating
a legacy that will serve your family and community for years to come. Owning a Kidcreate Studio offers you the dual benefit of a deep sense of purpose and a financially-rewarding career.
Kidcreate
offers a unique business model with the ability to bring our highly
sought-after curriculum to child friendly businesses in the community
with our mobile business, as well as the option to offer classes and
camps in a beautiful brick & mortar studio location. If you prefer,
you can start with the mobile business and add the studio on down the
line!
Partner with community
bodies united in the fight against the decline of art education, and you
can become a well-respected voice of change as the face of their local
Kidcreate Studio.
Kidcreate Studio is a
one-of-a-kind experiential business that cannot be replicated by the
online giants. Kidcreate Studio has thrived during the 2008/09 economic
crisis and now COVID-19. You’ll sleep soundly knowing your new business
is proven to be recession-resistant.
With the ability to open
locations in as little as 60 days, you can grow your Kidcreate Studio
empire to encompass the entire region with multiple units or stick to a
single location in your neighborhood- as a Franchise Owner, it’s up to
you!
With the On-The-Go model, you can start generating revenues from your
business almost immediately. Ongoing overhead costs are kept extremely
low for impressive profit margins. The ability to add a brick and mortar
studio down the line creates additional revenue streams and cross
marketing.