Start-Up Costs and Fees |
||
| Discovery Point | Childrens Lighthouse | |
| Investment | 405572 - 3443722 | 440600 - 630000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4.7K-$6.5K/mo. | 7% |
| Advertising Fee | 1.8K/mo. | |
| Year Founded | 1988 | 1997 |
| Year Franchised | 1990 | 1999 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Discovery Point | Childrens Lighthouse | |
| Experience | Industry experience General business experience Marketing skills (qualifications important but not required) | |
Financing Options |
||
| Discovery Point | Childrens Lighthouse | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Discovery Point | Childrens Lighthouse | |
| Training | On-The-Job Training: 80 hours Classroom Training: 80 hours Additional Training: At existing center | 4 weeks: 2 weeks of training at the Children's Lighthouse home office, one week of in-school training with seasoned Children's Lighthouse franchise owners and one week of post-opening training in your school. |
| Support | Purchasing Co-ops Meetings/Conventions Grand Opening Online Support Field Operations Site Selection | Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | Co-op advertising, Ad slicks, Regional advertising |
| Operations | Number of Employees Required to Run: 35 | Franchisees required to buy multiple units/master licenses; 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 25 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| Discovery Point | Childrens Lighthouse | |
| 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 | Canada, Eastern Europe, Mexico, Western Europe, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Discovery Point | |
| Childrens Lighthouse | |
| Franchise Fee | |
| Discovery Point | |
| Childrens Lighthouse | |
| Royalty Fee | |
| Discovery Point | 4.7K-$6.5K/mo. |
| Childrens Lighthouse | 7% |
| Advertising Fee | |
| Discovery Point | 1.8K/mo. |
| Childrens Lighthouse | |
| Year Founded | |
| Discovery Point | 1988 |
| Childrens Lighthouse | 1997 |
| Year Franchised | |
| Discovery Point | 1990 |
| Childrens Lighthouse | 1999 |
| Term Of Agreement | |
| Discovery Point | 20 years |
| Childrens Lighthouse | 15 years |
| Renewal Fee | |
| Discovery Point | |
| Childrens Lighthouse | |
Business Experience Requirements |
|
| Experience | |
| Discovery Point | |
| Childrens Lighthouse | Industry experience General business experience Marketing skills (qualifications important but not required) |
Financing Options |
|
| Franchise Fees | |
| Discovery Point | |
| Childrens Lighthouse | |
| Start-up Costs | |
| Discovery Point | |
| Childrens Lighthouse | |
| Equipment | |
| Discovery Point} | |
| Childrens Lighthouse | |
| Inventory | |
| Discovery Point | |
| Childrens Lighthouse | |
| Receivables | |
| Discovery Point | |
| Childrens Lighthouse | |
| Payroll | |
| Discovery Point | |
| Childrens Lighthouse | |
Training & Support |
|
| Training | |
| Discovery Point | On-The-Job Training: 80 hours Classroom Training: 80 hours Additional Training: At existing center |
| Childrens Lighthouse | 4 weeks: 2 weeks of training at the Children's Lighthouse home office, one week of in-school training with seasoned Children's Lighthouse franchise owners and one week of post-opening training in your school. |
| Support | |
| Discovery Point | Purchasing Co-ops Meetings/Conventions Grand Opening Online Support Field Operations Site Selection |
| Childrens Lighthouse | Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Discovery Point | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Childrens Lighthouse | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Discovery Point | Number of Employees Required to Run: 35 |
| Childrens Lighthouse | Franchisees required to buy multiple units/master licenses; 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 25 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| 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 |
| Childrens Lighthouse | |
| Canada Expansion | |
| Discovery Point | |
| Childrens Lighthouse | |
| International Expansion | |
| Discovery Point | |
| Childrens Lighthouse | Canada, Eastern Europe, Mexico, Western Europe, |