Start-Up Costs and Fees |
||
| Lightbridge Academy | Kiddie Academy | |
| Investment | 549228 - 5054735 | 345000 - 5605000 |
| Franchise Fee | 0 | |
| Royalty Fee | 7% | 7% |
| Advertising Fee | 2% | 2% |
| Year Founded | 1997 | 1981 |
| Year Franchised | 2011 | 1992 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Lightbridge Academy | Kiddie Academy | |
| Experience | People and management skills | |
Financing Options |
||
| Lightbridge Academy | Kiddie Academy | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Lightbridge Academy | Kiddie Academy | |
| Training | On-The-Job Training: 28 hours Classroom Training: 128 hours Additional Training: Ongoing | Classroom Training: 80 hours Additional Training: Online training |
| 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 | Newsletter Meetings/Conventions 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 | Ad slicks, Regional advertising, Website, Web Advertising |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 32 | 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) |
Expansion Plans |
||
| Lightbridge Academy | Kiddie 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 | |
| Lightbridge Academy | |
| Kiddie Academy | |
| Franchise Fee | |
| Lightbridge Academy | |
| Kiddie Academy | |
| Royalty Fee | |
| Lightbridge Academy | 7% |
| Kiddie Academy | 7% |
| Advertising Fee | |
| Lightbridge Academy | 2% |
| Kiddie Academy | 2% |
| Year Founded | |
| Lightbridge Academy | 1997 |
| Kiddie Academy | 1981 |
| Year Franchised | |
| Lightbridge Academy | 2011 |
| Kiddie Academy | 1992 |
| Term Of Agreement | |
| Lightbridge Academy | |
| Kiddie Academy | 15 years |
| Renewal Fee | |
| Lightbridge Academy | |
| Kiddie Academy | Varies |
Business Experience Requirements |
|
| Experience | |
| Lightbridge Academy | |
| Kiddie Academy | People and management skills |
Financing Options |
|
| Franchise Fees | |
| Lightbridge Academy | |
| Kiddie Academy | |
| Start-up Costs | |
| Lightbridge Academy | |
| Kiddie Academy | |
| Equipment | |
| Lightbridge Academy} | |
| Kiddie Academy | |
| Inventory | |
| Lightbridge Academy | |
| Kiddie Academy | |
| Receivables | |
| Lightbridge Academy | |
| Kiddie Academy | |
| Payroll | |
| Lightbridge Academy | |
| Kiddie Academy | |
Training & Support |
|
| Training | |
| Lightbridge Academy | On-The-Job Training: 28 hours Classroom Training: 128 hours Additional Training: Ongoing |
| Kiddie Academy | Classroom Training: 80 hours Additional Training: Online training |
| Support | |
| 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 |
| Kiddie Academy | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Lightbridge Academy | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Kiddie Academy | Ad slicks, Regional advertising, Website, Web Advertising |
| Operations | |
| Lightbridge Academy | Absentee Ownership Allowed Number of Employees Required to Run: 32 |
| 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) |
Expansion Plans |
|
| US Expansion | |
| Lightbridge Academy | |
| 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 |
| Canada Expansion | |
| Lightbridge Academy | |
| Kiddie Academy | |
| International Expansion | |
| Lightbridge Academy | |
| Kiddie Academy | |