Childrens Lighthouse vs RightTime KiDS Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Childrens Lighthouse vs RightTime KiDS including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Childrens Lighthouse Franchise
RightTime KiDS Franchise
Investment $440,600 - $630,000$138,500 - $313,500
Franchise Fee $50,000$31,500
Royalty Fee 7%-
Advertising Fee --
Year Founded 19972002
Year Franchised 19992008
Term Of Agreement 15 years-
Term Of Agreement 15 years-
Renewal Fee --


Business Experience Requirements
 
Childrens Lighthouse Franchise
RightTime KiDS Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • (qualifications important but not required)
    		• -

    Financing Options
     
    Childrens Lighthouse Franchise
    RightTime KiDS Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/Yes-/-
    Payroll No/Yes-/-

    Training & Support
     
    Childrens Lighthouse Franchise
    RightTime KiDS Franchise
    Training 4 weeks: 2 weeks of training at the Children's Lighthouse home office, one week of in-school training with seasoned Children's Lighthouse franchise owners and one week of post-opening training in your school.-
    Support Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertising, Ad slicks, Regional advertising-
    Operations Franchisees required to buy multiple units/master licenses; 0% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 25

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Childrens Lighthouse Franchise
    RightTime KiDS Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Childrens Lighthouse

    Childrens Lighthouse is currently offering franchises in all 50 states. We are totally committed to the support and service of our franchises. We've worked hard to develop quality management support systems to help you become successful in your new business. Targeted crew and management training programs, proven local neighborhood marketing tactics, aggressive advertising programs, labor and inventory control aids, equipment and supplies innovations are all examples of Childrens Lighthouse support tools. When you become a Childrens Lighthouse franchisee, you benefit from our many years of business experience. Although we are growing rapidly, we are not so big that you can't join us. Unlike some franchises, there is plenty of development territory still available. We are aggressively seeking new franchisees to expand existing markets as well as develop new ones. Opportunities range from single-unit franchises to multi-unit territories. And, we offer a variety of investment options for you to choose from. With Childrens Lighthouse, you can be in business quickly and at an investment level that best fits your particular situation and initial goals. Our program is designed to guide you from the moment you make the decision to purchase a franchise. In addition to counseling you in necessary financial matters, the most important step is selecting an appropriate site to build your childcare center and gaining exclusivity to that territory. The right location is critical to the success of your center and we have been successful in determining appropriate sites.

    About RightTime KiDS

    The Right Opportunity for the Right Entrepreneurs We're looking for highly motivated individuals to join us in building a world-class drop-in childcare system. We want entrepreneurs who:
    * Enjoy working with children and parents * Appreciate the service value of drop-in childcare * Are hard-working, responsible and detail oriented * Have high energy, an outgoing nature, and a self-starter mentality * Are customer-service oriented * Enjoy working with diverse groups of people * Have professional email, phone, and in-person customer skills * Have excellent verbal and written communication skills * Possess strong leadership, motivation and delegation abilities If this describes you, we want to hear from you! Our franchise package includes: * Site selection assistance * Lease negotiations * Custom-developed proprietary software * Architectural layouts and build out * Operations manuals * Marketing templates and materials * Equipment purchase * On-site employee training * Turn-key solutions to get you open quickly and economically * Dedicated Project Manager to work with you every step of the way on your build out * Volume discounts on many essentials for day-to-day operations * Intranet for Franchise Owners, including interactive forum to share ideas and solutions
    * RTK University  Courses, Evaluations and Certifications for you and your employees, providing ongoing online training and education * Listed on the SBA REGISTRY for preferred, expedited SBA lending for RightTime KiDS' franchisees * Members of the IFA (Int'l Franchise Association), MinorityFran and VetFran to enable eligible franchise owners to participate in the benefits offered by those programs * Plus MUCH more!