Start-Up Costs and Fees |
||
| Lightbridge Academy | Adventure Kids Playcare | |
| Investment | 549228 - 5054735 | 350000 - 589000 |
| Franchise Fee | ||
| Royalty Fee | 7% | 5% |
| Advertising Fee | 2% | |
| Year Founded | 1997 | 2004 |
| Year Franchised | 2011 | 2006 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Lightbridge Academy | Adventure Kids Playcare | |
| Experience | ||
Financing Options |
||
| Lightbridge Academy | Adventure Kids Playcare | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Lightbridge Academy | Adventure Kids Playcare | |
| Training | On-The-Job Training: 28 hours Classroom Training: 128 hours Additional Training: Ongoing | * Available at headquarters: 10 days * At franchisee's location: 5 days |
| 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 * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | * Ad slicks * Regional advertising |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 32 | * 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) |
Expansion Plans |
||
| Lightbridge Academy | Adventure Kids Playcare | |
| 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 | |
| Adventure Kids Playcare | |
| Franchise Fee | |
| Lightbridge Academy | |
| Adventure Kids Playcare | |
| Royalty Fee | |
| Lightbridge Academy | 7% |
| Adventure Kids Playcare | 5% |
| Advertising Fee | |
| Lightbridge Academy | 2% |
| Adventure Kids Playcare | |
| Year Founded | |
| Lightbridge Academy | 1997 |
| Adventure Kids Playcare | 2004 |
| Year Franchised | |
| Lightbridge Academy | 2011 |
| Adventure Kids Playcare | 2006 |
| Term Of Agreement | |
| Lightbridge Academy | |
| Adventure Kids Playcare | 10 years |
| Renewal Fee | |
| Lightbridge Academy | |
| Adventure Kids Playcare | |
Business Experience Requirements |
|
| Experience | |
| Lightbridge Academy | |
| Adventure Kids Playcare | |
Financing Options |
|
| Franchise Fees | |
| Lightbridge Academy | |
| Adventure Kids Playcare | |
| Start-up Costs | |
| Lightbridge Academy | |
| Adventure Kids Playcare | |
| Equipment | |
| Lightbridge Academy} | |
| Adventure Kids Playcare | |
| Inventory | |
| Lightbridge Academy | |
| Adventure Kids Playcare | |
| Receivables | |
| Lightbridge Academy | |
| Adventure Kids Playcare | |
| Payroll | |
| Lightbridge Academy | |
| Adventure Kids Playcare | |
Training & Support |
|
| Training | |
| Lightbridge Academy | On-The-Job Training: 28 hours Classroom Training: 128 hours Additional Training: Ongoing |
| Adventure Kids Playcare | * Available at headquarters: 10 days * At franchisee's location: 5 days |
| 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 |
| Adventure Kids Playcare | * Newsletter * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives |
| Marketing | |
| Lightbridge Academy | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Adventure Kids Playcare | * Ad slicks * Regional advertising |
| Operations | |
| Lightbridge Academy | Absentee Ownership Allowed Number of Employees Required to Run: 32 |
| 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) |
Expansion Plans |
|
| US Expansion | |
| Lightbridge Academy | |
| 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 |
| Canada Expansion | |
| Lightbridge Academy | |
| Adventure Kids Playcare | |
| International Expansion | |
| Lightbridge Academy | |
| Adventure Kids Playcare | |