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Below is an in-depth analysis and side-by-side comparison of Childrens Lighthouse vs Adventure Kids Playcare including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $440,600 - $630,000 | $350,000 - $589,000 |
Franchise Fee | $50,000 | $29,500 |
Royalty Fee | 7% | 5% |
Advertising Fee | - | - |
Year Founded | 1997 | 2004 |
Year Franchised | 1999 | 2006 |
Term Of Agreement | 15 years | 10 years |
Term Of Agreement | 15 years | 10 years |
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 | No/No | No/Yes |
Start-up Costs | No/Yes | No/Yes |
Equipment | No/Yes | No/Yes |
Inventory | No/Yes | No/Yes |
Receivables | No/Yes | No/Yes |
Payroll | No/Yes | No/Yes |
Training & Support |
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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. | * Available at headquarters: 10 days * At franchisee's location: 5 days |
Support | Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | * Newsletter * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives |
Marketing | Co-op advertising, Ad slicks, Regional 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) | * 20% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 15 - 20 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | Yes | - |
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.
We are seeking unique individuals to award our Adventure Kids Playcare franchises. Qualified applicants must have an energetic and positive personality, love being around children and making a difference in their lives, and possess strong people skills. Applicants should also be committed to the highest quality of customer service and operational excellence. If you have a passion for children and a desire to begin a business that: * focuses on allowing children to play, explore and learn * provides parents peace of mind that their children are in a safe and secure environment * supports you with a fun, satisfying career while maintaining family focus * requires a reasonable investment * provides an excellent potential for financial and personal growth... then you've come to the right place!