Start-Up Costs and Fees |
||
| Ivybrook Academy | Lightbridge Academy | |
| Investment | 310700 - 440200 | 549228 - 5054735 |
| Franchise Fee | ||
| Royalty Fee | 6% | 7% |
| Advertising Fee | 1% | 2% |
| Year Founded | 2007 | 1997 |
| Year Franchised | 2016 | 2011 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Ivybrook Academy | Lightbridge Academy | |
| Experience | Compassionate and caring, ready to help our students learn Able to work with both students and their parents " both our --customers-- Motivated to build a team and student enrollment Accepts and embodies the Ivybrook Academy mission | |
Financing Options |
||
| Ivybrook Academy | Lightbridge Academy | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Ivybrook Academy | Lightbridge Academy | |
| Training | We provide over 120 hours in person for you to get up and running before you even open and it doesn t stop there. Here is a list of how we are DETERMINED to set you up for SUCCESS: Before Opening - 2 weeks of training both at our corporate location and at your school s location Opening Month- Our team will be with you the entire week prior to opening as well as your first week of operation. After Opening- Regular visits, calls and open lines of communication are important for everyone s success! On-The-Job Training: 46 hours Classroom Training: 66 hours | On-The-Job Training: 28 hours Classroom Training: 128 hours Additional Training: Ongoing |
| Support | Purchasing Co-ops Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | 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 | National Media 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: 15 | Absentee Ownership Allowed Number of Employees Required to Run: 32 |
Expansion Plans |
||
| Ivybrook Academy | 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 | |
| Ivybrook Academy | |
| Lightbridge Academy | |
| Franchise Fee | |
| Ivybrook Academy | |
| Lightbridge Academy | |
| Royalty Fee | |
| Ivybrook Academy | 6% |
| Lightbridge Academy | 7% |
| Advertising Fee | |
| Ivybrook Academy | 1% |
| Lightbridge Academy | 2% |
| Year Founded | |
| Ivybrook Academy | 2007 |
| Lightbridge Academy | 1997 |
| Year Franchised | |
| Ivybrook Academy | 2016 |
| Lightbridge Academy | 2011 |
| Term Of Agreement | |
| Ivybrook Academy | |
| Lightbridge Academy | |
| Renewal Fee | |
| Ivybrook Academy | |
| Lightbridge Academy | |
Business Experience Requirements |
|
| Experience | |
| Ivybrook Academy | Compassionate and caring, ready to help our students learn Able to work with both students and their parents " both our --customers-- Motivated to build a team and student enrollment Accepts and embodies the Ivybrook Academy mission |
| Lightbridge Academy | |
Financing Options |
|
| Franchise Fees | |
| Ivybrook Academy | |
| Lightbridge Academy | |
| Start-up Costs | |
| Ivybrook Academy | |
| Lightbridge Academy | |
| Equipment | |
| Ivybrook Academy} | |
| Lightbridge Academy | |
| Inventory | |
| Ivybrook Academy | |
| Lightbridge Academy | |
| Receivables | |
| Ivybrook Academy | |
| Lightbridge Academy | |
| Payroll | |
| Ivybrook Academy | |
| Lightbridge Academy | |
Training & Support |
|
| Training | |
| Ivybrook Academy | We provide over 120 hours in person for you to get up and running before you even open and it doesn t stop there. Here is a list of how we are DETERMINED to set you up for SUCCESS: Before Opening - 2 weeks of training both at our corporate location and at your school s location Opening Month- Our team will be with you the entire week prior to opening as well as your first week of operation. After Opening- Regular visits, calls and open lines of communication are important for everyone s success! On-The-Job Training: 46 hours Classroom Training: 66 hours |
| Lightbridge Academy | On-The-Job Training: 28 hours Classroom Training: 128 hours Additional Training: Ongoing |
| Support | |
| Ivybrook Academy | Purchasing Co-ops Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| 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 | |
| Ivybrook Academy | National Media 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 | |
| Ivybrook Academy | Number of Employees Required to Run: 15 |
| Lightbridge Academy | Absentee Ownership Allowed Number of Employees Required to Run: 32 |
Expansion Plans |
|
| US Expansion | |
| Ivybrook Academy | 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 | |
| Ivybrook Academy | |
| Lightbridge Academy | |
| International Expansion | |
| Ivybrook Academy | |
| Lightbridge Academy | |