Lightbridge Academy vs ICode Franchise Comparison

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

Start-Up Costs and Fees
 
Lightbridge Academy Franchise
ICode Franchise
Investment $549,228 - $5,054,735$293,000 - $347,000
Franchise Fee $40,000$35,000
Royalty Fee 7%6%
Advertising Fee 2%2%
Year Founded 19972016
Year Franchised 20112016
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Lightbridge Academy Franchise
ICode Franchise
Experience --

Financing Options
 
Lightbridge Academy Franchise
ICode Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/Yes-/-
Start-up Costs -/Yes-/-
Equipment -/Yes-/-
Inventory -/Yes-/-
Receivables -/Yes-/-
Payroll -/Yes-/-

Training & Support
 
Lightbridge Academy Franchise
ICode Franchise
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
 
Lightbridge Academy Franchise
ICode Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About Lightbridge Academy

If you're looking to make a difference in the world, in your town and in our future, Lightbridge Academy provides a way to do it, while owning a great business. Tap into this growing, $40 billion industry with a company that will be with you from the moment you become a franchisee - from real estate selection through opening your center and beyond.
Lightbridge Academy franchises offers programs for children from six weeks to six years old, including after-school enrichment and summer programs.
Each school is a licensed childcare, with staff trained in early childhood education or childhood development.

Veteran Incentives   10% off franchise fee
"Entrepreneur
#234 in Franchise 500 for 2020.
#143 in Franchise 500 for 2021.





About ICode

Proprietary STEAM-based educational courses for children and engaging courses for families, and other programs that ICode may develop periodically.