| ||||
Updated RecentlyLightbridge Academy vs Ivybrook Academy Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Lightbridge Academy vs Ivybrook Academy including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $549,228 - $5,054,735 | $310,700 - $440,200 |
| Franchise Fee | $40,000 | $50,000 |
| Royalty Fee | 7% | 6% |
| Advertising Fee | 2% | 1% |
| Year Founded | 1997 | 2007 |
| Year Franchised | 2011 | 2016 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | Compassionate and caring, ready to help our students learn Able to work with both students and their parents – both our “customers” Motivated to build a team and student enrollment Accepts and embodies the Ivybrook Academy mission |
Financing Options |
||
| 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 |
||
| Training | On-The-Job Training: 28 hours Classroom Training: 128 hours Additional Training: Ongoing | We provide over 120 hours in person for you to get up and running before you even open and it doesn’t stop there. Here is a list of how we are DETERMINED to set you up for SUCCESS: Before Opening - 2 weeks of training both at our corporate location and at your school’s location Opening Month- Our team will be with you the entire week prior to opening as well as your first week of operation. After Opening- Regular visits, calls and open lines of communication are important for everyone’s success! On-The-Job Training: 46 hours Classroom Training: 66 hours |
| 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 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 | National Media Social media SEO Website development Email marketing |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 32 | Number of Employees Required to Run: 15 |
Expansion Plans |
||
| 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 Ivybrook Academy
![""]("http://ivybrook.academy/wp-content/uploads/2015/04/Ivybrook-logo-3-300x100.png"){kind=logo}
Ivybrook Academy was created by a public school teacher who was
looking to balance quality of life with owning a business. As a highly
involved mom of two very young children, she sought a means of achieving
financial freedom that would also allow her more time with her kids.
Enter the Ivybrook Academy model.
- Steady daytime hours of operation - 8:15 to 4:30
- No transportation/busing of children
- No lunches served
- Professional teachers with 4-year teaching degrees
- Progressive blended curriculum based on Reggio Emilia and Montessori methods
- The facility is closed approximately 32 work days per year
- When summer hours are involved, the facility closes by noon
As part of the
Ivybrook Academy franchise family, we’ll help you through developing,
running, and owning your own Ivybrook Academy!