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Updated RecentlyLightbridge 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 |
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| 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 | 1997 | 2018 |
| Year Franchised | 2011 | 2018 |
| 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 | -/- |
| 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 | - | 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]("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 Imagine Arts Academy
!["Imagine]("https://fddexchange.com/wp-content/uploads/2019/03/Imagine-Arts-Academy.png")
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.