Start-Up Costs and Fees |
||
| Adventure Kids Playcare | Lightbridge Academy | |
| Investment | 350000 - 589000 | 549228 - 5054735 |
| Franchise Fee | ||
| Royalty Fee | 5% | 7% |
| Advertising Fee | 2% | |
| Year Founded | 2004 | 1997 |
| Year Franchised | 2006 | 2011 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Adventure Kids Playcare | Lightbridge Academy | |
| Experience | ||
Financing Options |
||
| Adventure Kids Playcare | Lightbridge Academy | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Adventure Kids Playcare | Lightbridge Academy | |
| Training | * Available at headquarters: 10 days * At franchisee's location: 5 days | On-The-Job Training: 28 hours Classroom Training: 128 hours Additional Training: Ongoing |
| Support | * Newsletter * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives | 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 | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | * 20% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 15 - 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 |
||
| Adventure Kids Playcare | 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 | |
| Adventure Kids Playcare | |
| Lightbridge Academy | |
| Franchise Fee | |
| Adventure Kids Playcare | |
| Lightbridge Academy | |
| Royalty Fee | |
| Adventure Kids Playcare | 5% |
| Lightbridge Academy | 7% |
| Advertising Fee | |
| Adventure Kids Playcare | |
| Lightbridge Academy | 2% |
| Year Founded | |
| Adventure Kids Playcare | 2004 |
| Lightbridge Academy | 1997 |
| Year Franchised | |
| Adventure Kids Playcare | 2006 |
| Lightbridge Academy | 2011 |
| Term Of Agreement | |
| Adventure Kids Playcare | 10 years |
| Lightbridge Academy | |
| Renewal Fee | |
| Adventure Kids Playcare | |
| Lightbridge Academy | |
Business Experience Requirements |
|
| Experience | |
| Adventure Kids Playcare | |
| Lightbridge Academy | |
Financing Options |
|
| Franchise Fees | |
| Adventure Kids Playcare | No |
| Lightbridge Academy | No |
| Start-up Costs | |
| Adventure Kids Playcare | |
| Lightbridge Academy | |
| Equipment | |
| Adventure Kids Playcare} | |
| Lightbridge Academy | |
| Inventory | |
| Adventure Kids Playcare | |
| Lightbridge Academy | |
| Receivables | |
| Adventure Kids Playcare | |
| Lightbridge Academy | |
| Payroll | |
| Adventure Kids Playcare | |
| Lightbridge Academy | |
Training & Support |
|
| Training | |
| Adventure Kids Playcare | * Available at headquarters: 10 days * At franchisee's location: 5 days |
| Lightbridge Academy | On-The-Job Training: 28 hours Classroom Training: 128 hours Additional Training: Ongoing |
| Support | |
| Adventure Kids Playcare | * Newsletter * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives |
| 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 | |
| Adventure Kids Playcare | * Ad slicks * Regional advertising |
| Lightbridge Academy | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Adventure Kids Playcare | * 20% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 15 - 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 | |
| Adventure Kids Playcare | 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 | |
| Adventure Kids Playcare | |
| Lightbridge Academy | |
| International Expansion | |
| Adventure Kids Playcare | |
| Lightbridge Academy | |