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Updated RecentlyKidsPark Childcare vs Lightbridge Academy Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of KidsPark Childcare 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 | $293,250 - $516,500 | $549,228 - $5,054,735 |
| Franchise Fee | $30,000 | $40,000 |
| Royalty Fee | 5% | 7% |
| Advertising Fee | $250 a month | 2% |
| Year Founded | 1988 | 1997 |
| Year Franchised | 2005 | 2011 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | We seek franchisees with demonstrated marketing and management skills, and good communication. Childcare experience is not required. Ideal candidates locate their protected territory in urban areas and are committed to moving forward within 90 days from point of contact. | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/Yes |
| Start-up Costs | -/Yes | -/Yes |
| Equipment | -/- | -/Yes |
| Inventory | -/- | -/Yes |
| Receivables | -/- | -/Yes |
| Payroll | -/- | -/Yes |
Training & Support |
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| Training | Pre-opening - we provide detailed Play-by-Play center creation training and support, 1-week hands-on center management and program implementation for you and your Director, and 2-days on-site training. On-going, we provide bi-monthly group webinars, bi-monthly individual check-ins, annual on-site training and an annual Franchise Forum for all owners and directors. All our manuals and resources are available from our on-line library. On-The-Job Training: 30 hours Classroom Training: 30 hours Additional Training: Via webinar, by phone | On-The-Job Training: 28 hours Classroom Training: 128 hours Additional Training: Ongoing |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | 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 | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | Number of Employees Required to Run: 10 - 15 | Absentee Ownership Allowed Number of Employees Required to Run: 32 |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About KidsPark Childcare
We envision KidsPark centers in cities across the United States. If you are looking for an entrepreneurial opportunity to contribute a needed service to your community and are considering an overall investment between $166,000 and $340,000, take a close look at KidsPark. As a KidsPark owner, you will share a reputation for quality, a proven method of operation and an innovative program. Learn about our opportunity by reading our virtual brochure.
About Lightbridge Academy
Veteran Incentives 10% off franchise fee
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#234 in Franchise 500 for 2020.