Start-Up Costs and Fees |
||
| Young Chefs Academy | Lightbridge Academy | |
| Investment | 120300 - 196900 | 549228 - 5054735 |
| Franchise Fee | ||
| Royalty Fee | $395/month | 7% |
| Advertising Fee | 2% | |
| Year Founded | 2004 | 1997 |
| Year Franchised | 2005 | 2011 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Young Chefs Academy | Lightbridge 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 |
||
| Young Chefs Academy | Lightbridge Academy | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Young Chefs Academy | Lightbridge Academy | |
| Training | 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. | On-The-Job Training: 28 hours Classroom Training: 128 hours Additional Training: Ongoing |
| Support | Through our wide-range of expertise, there is always someone to turn to for answers. | 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 | 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 |
||
| Young Chefs Academy | Lightbridge Academy | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Young Chefs Academy | |
| Lightbridge Academy | |
| Franchise Fee | |
| Young Chefs Academy | |
| Lightbridge Academy | |
| Royalty Fee | |
| Young Chefs Academy | $395/month |
| Lightbridge Academy | 7% |
| Advertising Fee | |
| Young Chefs Academy | |
| Lightbridge Academy | 2% |
| Year Founded | |
| Young Chefs Academy | 2004 |
| Lightbridge Academy | 1997 |
| Year Franchised | |
| Young Chefs Academy | 2005 |
| Lightbridge Academy | 2011 |
| Term Of Agreement | |
| Young Chefs Academy | 10 years |
| Lightbridge Academy | |
| Renewal Fee | |
| Young Chefs Academy | |
| Lightbridge Academy | |
Business Experience Requirements |
|
| Experience | |
| 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. |
| Lightbridge Academy | |
Financing Options |
|
| Franchise Fees | |
| Young Chefs Academy | No |
| Lightbridge Academy | No |
| Start-up Costs | |
| Young Chefs Academy | |
| Lightbridge Academy | |
| Equipment | |
| Young Chefs Academy} | |
| Lightbridge Academy | |
| Inventory | |
| Young Chefs Academy | |
| Lightbridge Academy | |
| Receivables | |
| Young Chefs Academy | |
| Lightbridge Academy | |
| Payroll | |
| Young Chefs Academy | |
| Lightbridge Academy | |
Training & Support |
|
| Training | |
| 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. |
| Lightbridge Academy | On-The-Job Training: 28 hours Classroom Training: 128 hours Additional Training: Ongoing |
| Support | |
| Young Chefs Academy | Through our wide-range of expertise, there is always someone to turn to for answers. |
| 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 | |
| Young Chefs Academy | |
| Lightbridge Academy | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Young Chefs Academy | |
| Lightbridge Academy | Absentee Ownership Allowed Number of Employees Required to Run: 32 |
Expansion Plans |
|
| US Expansion | |
| Young Chefs Academy | |
| Lightbridge Academy | |
| Canada Expansion | |
| Young Chefs Academy | 0 |
| Lightbridge Academy | |
| International Expansion | |
| Young Chefs Academy | |
| Lightbridge Academy | |