Start-Up Costs and Fees |
||
| Lightbridge Academy | Discovery Point | |
| Investment | 549228 - 5054735 | 405572 - 3443722 |
| Franchise Fee | ||
| Royalty Fee | 7% | 4.7K-$6.5K/mo. |
| Advertising Fee | 2% | 1.8K/mo. |
| Year Founded | 1997 | 1988 |
| Year Franchised | 2011 | 1990 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Lightbridge Academy | Discovery Point | |
| Experience | ||
Financing Options |
||
| Lightbridge Academy | Discovery Point | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Lightbridge Academy | Discovery Point | |
| Training | On-The-Job Training: 28 hours Classroom Training: 128 hours Additional Training: Ongoing | On-The-Job Training: 80 hours Classroom Training: 80 hours Additional Training: At existing center |
| 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 | Purchasing Co-ops Meetings/Conventions Grand Opening Online Support Field Operations Site Selection |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 32 | Number of Employees Required to Run: 35 |
Expansion Plans |
||
| Lightbridge Academy | Discovery Point | |
| 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 | |
| Discovery Point | |
| Franchise Fee | |
| Lightbridge Academy | |
| Discovery Point | |
| Royalty Fee | |
| Lightbridge Academy | 7% |
| Discovery Point | 4.7K-$6.5K/mo. |
| Advertising Fee | |
| Lightbridge Academy | 2% |
| Discovery Point | 1.8K/mo. |
| Year Founded | |
| Lightbridge Academy | 1997 |
| Discovery Point | 1988 |
| Year Franchised | |
| Lightbridge Academy | 2011 |
| Discovery Point | 1990 |
| Term Of Agreement | |
| Lightbridge Academy | |
| Discovery Point | 20 years |
| Renewal Fee | |
| Lightbridge Academy | |
| Discovery Point | |
Business Experience Requirements |
|
| Experience | |
| Lightbridge Academy | |
| Discovery Point | |
Financing Options |
|
| Franchise Fees | |
| Lightbridge Academy | |
| Discovery Point | |
| Start-up Costs | |
| Lightbridge Academy | |
| Discovery Point | |
| Equipment | |
| Lightbridge Academy} | |
| Discovery Point | |
| Inventory | |
| Lightbridge Academy | |
| Discovery Point | |
| Receivables | |
| Lightbridge Academy | |
| Discovery Point | |
| Payroll | |
| Lightbridge Academy | |
| Discovery Point | |
Training & Support |
|
| Training | |
| Lightbridge Academy | On-The-Job Training: 28 hours Classroom Training: 128 hours Additional Training: Ongoing |
| Discovery Point | On-The-Job Training: 80 hours Classroom Training: 80 hours Additional Training: At existing center |
| 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 |
| Discovery Point | Purchasing Co-ops Meetings/Conventions Grand Opening Online Support Field Operations Site Selection |
| Marketing | |
| Lightbridge Academy | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Discovery Point | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Operations | |
| Lightbridge Academy | Absentee Ownership Allowed Number of Employees Required to Run: 32 |
| Discovery Point | Number of Employees Required to Run: 35 |
Expansion Plans |
|
| US Expansion | |
| Lightbridge Academy | |
| Discovery Point | 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 | |
| Discovery Point | |
| International Expansion | |
| Lightbridge Academy | |
| Discovery Point | |