Start-Up Costs and Fees |
||
| Kiddie Academy | Lightbridge Academy | |
| Investment | 345000 - 5605000 | 549228 - 5054735 |
| Franchise Fee | 0 | |
| Royalty Fee | 7% | 7% |
| Advertising Fee | 2% | 2% |
| Year Founded | 1981 | 1997 |
| Year Franchised | 1992 | 2011 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Kiddie Academy | Lightbridge Academy | |
| Experience | People and management skills | |
Financing Options |
||
| Kiddie Academy | Lightbridge Academy | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Kiddie Academy | Lightbridge Academy | |
| Training | Classroom Training: 80 hours Additional Training: Online training | On-The-Job Training: 28 hours Classroom Training: 128 hours Additional Training: Ongoing |
| Support | 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 | Ad slicks, Regional advertising, Website, Web Advertising | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Absentee Ownership Allowed Number of Employees Required to Run: 32 |
Expansion Plans |
||
| Kiddie Academy | Lightbridge Academy | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Kiddie Academy | |
| Lightbridge Academy | |
| Franchise Fee | |
| Kiddie Academy | |
| Lightbridge Academy | |
| Royalty Fee | |
| Kiddie Academy | 7% |
| Lightbridge Academy | 7% |
| Advertising Fee | |
| Kiddie Academy | 2% |
| Lightbridge Academy | 2% |
| Year Founded | |
| Kiddie Academy | 1981 |
| Lightbridge Academy | 1997 |
| Year Franchised | |
| Kiddie Academy | 1992 |
| Lightbridge Academy | 2011 |
| Term Of Agreement | |
| Kiddie Academy | 15 years |
| Lightbridge Academy | |
| Renewal Fee | |
| Kiddie Academy | Varies |
| Lightbridge Academy | |
Business Experience Requirements |
|
| Experience | |
| Kiddie Academy | People and management skills |
| Lightbridge Academy | |
Financing Options |
|
| Franchise Fees | |
| Kiddie Academy | No |
| Lightbridge Academy | No |
| Start-up Costs | |
| Kiddie Academy | |
| Lightbridge Academy | |
| Equipment | |
| Kiddie Academy} | |
| Lightbridge Academy | |
| Inventory | |
| Kiddie Academy | |
| Lightbridge Academy | |
| Receivables | |
| Kiddie Academy | |
| Lightbridge Academy | |
| Payroll | |
| Kiddie Academy | |
| Lightbridge Academy | |
Training & Support |
|
| Training | |
| Kiddie Academy | Classroom Training: 80 hours Additional Training: Online training |
| Lightbridge Academy | On-The-Job Training: 28 hours Classroom Training: 128 hours Additional Training: Ongoing |
| Support | |
| Kiddie Academy | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Lightbridge Academy | 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 | |
| Kiddie Academy | Ad slicks, Regional advertising, Website, Web Advertising |
| Lightbridge Academy | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Kiddie Academy | 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Lightbridge Academy | Absentee Ownership Allowed Number of Employees Required to Run: 32 |
Expansion Plans |
|
| US Expansion | |
| Kiddie Academy | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Lightbridge Academy | |
| Canada Expansion | |
| Kiddie Academy | |
| Lightbridge Academy | |
| International Expansion | |
| Kiddie Academy | |
| Lightbridge Academy | |