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Below is an in-depth analysis and side-by-side comparison of SpanishFUN vs Lightbridge 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 | $12,500 | $549,228 - $5,054,735 |
Franchise Fee | $150 | $40,000 |
Royalty Fee | - | 7% |
Advertising Fee | - | 2% |
Year Founded | 2004 | 1997 |
Year Franchised | 2005 | 2011 |
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 | Franchisee Residence 3 Days | On-The-Job Training: 28 hours Classroom Training: 128 hours Additional Training: Ongoing |
Support | Central Purchasing Field Training Franchisee Newsletter Regional or National Meetings 800 Telephone Hotline | 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 | Average Number of Employees: 1 Full-time, 0 Part-time Passive Ownership: Not Allowed | Absentee Ownership Allowed Number of Employees Required to Run: 32 |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | Yes | - |
SpanishFUN is a low-investment franchise, providing EarlyAGE language activities, introducing pre-schoolers to Spanish basics, including numbers, colors and everyday words and phrases. No teaching or second language experience required. Try for 90 days risk free!