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