Start-Up Costs and Fees |
||
| Lightbridge Academy | Kidcreate Studio | |
| Investment | 549228 - 5054735 | 108860 - 261350 |
| Franchise Fee | ||
| Royalty Fee | 7% | 8% |
| Advertising Fee | 2% | 1% |
| Year Founded | 1997 | 2007 |
| Year Franchised | 2011 | 2016 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Lightbridge Academy | Kidcreate Studio | |
| Experience | ||
Financing Options |
||
| Lightbridge Academy | Kidcreate Studio | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Lightbridge Academy | Kidcreate Studio | |
| Training | On-The-Job Training: 28 hours Classroom Training: 128 hours Additional Training: Ongoing | On-The-Job Training: 73 hours Classroom Training: 38 hours Additional Training: As needed |
| 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 | Purchasing Co-ops Newsletter Meetings/Conventions 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 | 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 | Number of Employees Required to Run: 4 - 12 |
Expansion Plans |
||
| Lightbridge Academy | Kidcreate Studio | |
| 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 | |
| Lightbridge Academy | |
| Kidcreate Studio | |
| Franchise Fee | |
| Lightbridge Academy | |
| Kidcreate Studio | |
| Royalty Fee | |
| Lightbridge Academy | 7% |
| Kidcreate Studio | 8% |
| Advertising Fee | |
| Lightbridge Academy | 2% |
| Kidcreate Studio | 1% |
| Year Founded | |
| Lightbridge Academy | 1997 |
| Kidcreate Studio | 2007 |
| Year Franchised | |
| Lightbridge Academy | 2011 |
| Kidcreate Studio | 2016 |
| Term Of Agreement | |
| Lightbridge Academy | |
| Kidcreate Studio | |
| Renewal Fee | |
| Lightbridge Academy | |
| Kidcreate Studio | |
Business Experience Requirements |
|
| Experience | |
| Lightbridge Academy | |
| Kidcreate Studio | |
Financing Options |
|
| Franchise Fees | |
| Lightbridge Academy | |
| Kidcreate Studio | |
| Start-up Costs | |
| Lightbridge Academy | |
| Kidcreate Studio | |
| Equipment | |
| Lightbridge Academy} | |
| Kidcreate Studio | |
| Inventory | |
| Lightbridge Academy | |
| Kidcreate Studio | |
| Receivables | |
| Lightbridge Academy | |
| Kidcreate Studio | |
| Payroll | |
| Lightbridge Academy | |
| Kidcreate Studio | |
Training & Support |
|
| Training | |
| Lightbridge Academy | On-The-Job Training: 28 hours Classroom Training: 128 hours Additional Training: Ongoing |
| Kidcreate Studio | On-The-Job Training: 73 hours Classroom Training: 38 hours Additional Training: As needed |
| 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 |
| Kidcreate Studio | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Lightbridge Academy | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Kidcreate Studio | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Lightbridge Academy | Absentee Ownership Allowed Number of Employees Required to Run: 32 |
| Kidcreate Studio | Number of Employees Required to Run: 4 - 12 |
Expansion Plans |
|
| US Expansion | |
| Lightbridge Academy | |
| Kidcreate Studio | 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 | |
| Lightbridge Academy | |
| Kidcreate Studio | |
| International Expansion | |
| Lightbridge Academy | |
| Kidcreate Studio | |