Start-Up Costs and Fees |
||
| Lightbridge Academy | Young Chefs Academy | |
| Investment | 549228 - 5054735 | 120300 - 196900 |
| Franchise Fee | ||
| Royalty Fee | 7% | $395/month |
| Advertising Fee | 2% | |
| Year Founded | 1997 | 2004 |
| Year Franchised | 2011 | 2005 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Lightbridge Academy | Young Chefs Academy | |
| Experience | *Franchisees must live in the market they wish to operate. *You must have a minimum of $72,000.00. *We carefully consider your personal experience and people skills. *You must understand the unique attributes of operating a business within a franchise system. *You need to be able to execute a franchise agreement within 3 months from the initial request for consideration to begin the qualification process. | |
Financing Options |
||
| Lightbridge Academy | Young Chefs Academy | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Lightbridge Academy | Young Chefs Academy | |
| Training | On-The-Job Training: 28 hours Classroom Training: 128 hours Additional Training: Ongoing | Hands on initial training supports our operations manual so that each new franchisee represents our brand to the standard of quality associated with Young Chefs Academy. All new Young Chef Academy Franchise Owners receive on-site training followed by continual training throughout the franchise relationship. Our initial training program is designed to prepare you to furnish you with the right tools to make your dream a reality and allow you to begin your business immediately after you successfully complete your 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 | Through our wide-range of expertise, there is always someone to turn to for answers. |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 32 | |
Expansion Plans |
||
| Lightbridge Academy | Young Chefs Academy | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Lightbridge Academy | |
| Young Chefs Academy | |
| Franchise Fee | |
| Lightbridge Academy | |
| Young Chefs Academy | |
| Royalty Fee | |
| Lightbridge Academy | 7% |
| Young Chefs Academy | $395/month |
| Advertising Fee | |
| Lightbridge Academy | 2% |
| Young Chefs Academy | |
| Year Founded | |
| Lightbridge Academy | 1997 |
| Young Chefs Academy | 2004 |
| Year Franchised | |
| Lightbridge Academy | 2011 |
| Young Chefs Academy | 2005 |
| Term Of Agreement | |
| Lightbridge Academy | |
| Young Chefs Academy | 10 years |
| Renewal Fee | |
| Lightbridge Academy | |
| Young Chefs Academy | |
Business Experience Requirements |
|
| Experience | |
| Lightbridge Academy | |
| Young Chefs Academy | *Franchisees must live in the market they wish to operate. *You must have a minimum of $72,000.00. *We carefully consider your personal experience and people skills. *You must understand the unique attributes of operating a business within a franchise system. *You need to be able to execute a franchise agreement within 3 months from the initial request for consideration to begin the qualification process. |
Financing Options |
|
| Franchise Fees | |
| Lightbridge Academy | |
| Young Chefs Academy | |
| Start-up Costs | |
| Lightbridge Academy | |
| Young Chefs Academy | |
| Equipment | |
| Lightbridge Academy} | |
| Young Chefs Academy | |
| Inventory | |
| Lightbridge Academy | |
| Young Chefs Academy | |
| Receivables | |
| Lightbridge Academy | |
| Young Chefs Academy | |
| Payroll | |
| Lightbridge Academy | |
| Young Chefs Academy | |
Training & Support |
|
| Training | |
| Lightbridge Academy | On-The-Job Training: 28 hours Classroom Training: 128 hours Additional Training: Ongoing |
| Young Chefs Academy | Hands on initial training supports our operations manual so that each new franchisee represents our brand to the standard of quality associated with Young Chefs Academy. All new Young Chef Academy Franchise Owners receive on-site training followed by continual training throughout the franchise relationship. Our initial training program is designed to prepare you to furnish you with the right tools to make your dream a reality and allow you to begin your business immediately after you successfully complete your 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 |
| Young Chefs Academy | Through our wide-range of expertise, there is always someone to turn to for answers. |
| Marketing | |
| Lightbridge Academy | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Young Chefs Academy | |
| Operations | |
| Lightbridge Academy | Absentee Ownership Allowed Number of Employees Required to Run: 32 |
| Young Chefs Academy | |
Expansion Plans |
|
| US Expansion | |
| Lightbridge Academy | |
| Young Chefs Academy | |
| Canada Expansion | |
| Lightbridge Academy | |
| Young Chefs Academy | 0 |
| International Expansion | |
| Lightbridge Academy | |
| Young Chefs Academy | |