Lightbridge Academy vs Huntington Learning Centers Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Lightbridge Academy vs Huntington Learning Centers including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  Lightbridge Academy Huntington Learning Centers
Investment 549228 - 5054735 133458 - 276669
Franchise Fee 0
Royalty Fee 7% 9.50%
Advertising Fee 2% 2%
Year Founded 1997 1977
Year Franchised 2011 1985
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Lightbridge Academy Huntington Learning Centers
Experience General business experience

Financing Options
  Lightbridge Academy Huntington Learning Centers
 
Franchise Fees No
Start-up Costs Yes
Equipment Yes
Inventory Yes
Receivables Yes
Payroll Yes

Training & Support
  Lightbridge Academy Huntington Learning Centers
Training On-The-Job Training: 28 hours Classroom Training: 128 hours Additional Training: Ongoing On-The-Job Training: 16 hours Classroom Training: 155 hours Additional Training: At franchisee's location and online
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, Toll-free phone line, Internet, 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 Co-op advertising, Ad slicks, National media
Operations Absentee Ownership Allowed Number of Employees Required to Run: 32 Franchisees required to buy multiple units/master licenses; 35% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Expansion Plans
  Lightbridge Academy Huntington Learning Centers
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
Huntington Learning Centers
Franchise Fee
Lightbridge Academy
Huntington Learning Centers
Royalty Fee
Lightbridge Academy 7%
Huntington Learning Centers 9.50%
Advertising Fee
Lightbridge Academy 2%
Huntington Learning Centers 2%
Year Founded
Lightbridge Academy 1997
Huntington Learning Centers 1977
Year Franchised
Lightbridge Academy 2011
Huntington Learning Centers 1985
Term Of Agreement
Lightbridge Academy
Huntington Learning Centers 10 years
Renewal Fee
Lightbridge Academy
Huntington Learning Centers up to $20K


Business Experience Requirements
Experience
Lightbridge Academy
Huntington Learning Centers General business experience

Financing Options
 
Franchise Fees
Lightbridge Academy
Huntington Learning Centers
Start-up Costs
Lightbridge Academy
Huntington Learning Centers
Equipment
Lightbridge Academy}
Huntington Learning Centers
Inventory
Lightbridge Academy
Huntington Learning Centers
Receivables
Lightbridge Academy
Huntington Learning Centers
Payroll
Lightbridge Academy
Huntington Learning Centers

Training & Support
Training
Lightbridge Academy On-The-Job Training: 28 hours Classroom Training: 128 hours Additional Training: Ongoing
Huntington Learning Centers On-The-Job Training: 16 hours Classroom Training: 155 hours Additional Training: At franchisee's location and online
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
Huntington Learning Centers Newsletter, Meetings, Toll-free phone line, Internet, 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
Huntington Learning Centers Co-op advertising, Ad slicks, National media
Operations
Lightbridge Academy Absentee Ownership Allowed Number of Employees Required to Run: 32
Huntington Learning Centers Franchisees required to buy multiple units/master licenses; 35% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Expansion Plans
US Expansion
Lightbridge Academy
Huntington Learning Centers 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
Huntington Learning Centers
International Expansion
Lightbridge Academy
Huntington Learning Centers