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Below is an in-depth analysis and side-by-side comparison of Lekha Writing Centers 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 | $45,000 | $549,228 - $5,054,735 |
Franchise Fee | $25,000 | $40,000 |
Royalty Fee | - | 7% |
Advertising Fee | - | 2% |
Year Founded | - | 1997 |
Year Franchised | - | 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 | - | 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 | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
The Lekha Way - A truly innovative way to teach children how to write and think creatively and critically. Available Now!Lekha is actively recruiting franchise partners who are passionate about writing, creativity, and education and can replicate the Lekha model in their own communities. New Lekha franchises can start by being operated in Parks and Recreation Centers, local schools, Education franchise opportunity franchisee's homes, or other small spaces. Once established the franchisee can open a freestanding Lekha location. The Lekha franchise model is easily duplicated with a low initial investment and low overhead. Franchise partners will be provided with our time-tested curriculum and tools for success to help them implement classes, camps, and workshops for children and teens. We are ready to share our expertise with our franchise partners so they too can share their love of writing with the students.