Lightbridge Academy vs Imagine Arts Academy Franchise Comparison

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

Start-Up Costs and Fees

 
Lightbridge Academy Franchise
Imagine Arts Academy Franchise
Investment $549,228 - $5,054,735$104,650 - $283,300
Franchise Fee $40,000$49,000 - $73,000
Royalty Fee 7%-
Advertising Fee 2%-
Year Founded 19972018
Year Franchised 20112018
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Lightbridge Academy Franchise
Imagine Arts Academy Franchise
Experience --

Financing Options

 
Lightbridge Academy Franchise
Imagine Arts 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

 
Lightbridge Academy Franchise
Imagine Arts 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

 
Lightbridge Academy Franchise
Imagine Arts Academy Franchise
US Expansion -Yes
Canada Expansion -Yes
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
#234 in Franchise 500 for 2020.
#143 in Franchise 500 for 2021.





About Imagine Arts Academy

"Imagine
Imagine Arts Academy was developed as a collaborative effort between Mad Science and Crayola. We fully believe that art and education can make this world a better place for the next generation. We aim to help kids discover empathy and understanding through our after-school programs, camps, birthday parties, and community-based workshops, while creating beautiful masterpieces.