Childrens Lighthouse Franchising Co.
Child-care servicesBackground
Founded: 1996 Franchising since: 1999
Franchisor has 10 employee(s); 10 employee(s) in franchise department.
Franchise Growth
Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide
Exclusive territories available.
Territory size: 2.5-mile radius
|
101 S. Jennings Ave., #209 Fort Worth, Texas 76104 |
Phone: (888)338-4466/ (817)338-4422 |
Franchisor has 10 employee(s); 10 employee(s) in franchise department.
Franchise Growth
| Year | U.S. Franchises | Canadian Franchises | Foreign Franchises | Company Owned |
| 2009 | 19 | 0 | 0 | 9 |
| 2008 | -- | -- | -- | -- |
| 2007 | 7 | 0 | 0 | 9 |
| 2006 | 6 | 0 | 0 | 9 |
| 2005 | 2 | 0 | 0 | 8 |
Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide
Exclusive territories available.
Territory size: 2.5-mile radius
Costs and Fees
|
Total investment: $1.9M-3.1M Franchise fee: $50K |
Ongoing royalty fee: 7% Term of agreement: 20 years, renewable |
Type of Financing Available
| In-House | Third Party | |
| Franchise Fee | No | Yes |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Accounts Receivable | No | Yes |
| Payroll | No | Yes |
Qualifications
Net worth requirement: $500K+
Cash liquidity requirement: $300K+
Business Experience:
- Industry experience
- General business experience
- Marketing skills
- (qualifications important but not required)
Operations
- 17% 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)
Training and Support
Training
Ongoing Support
Marketing Support
- Available at headquarters: 4 weeks
- At franchisee's location: 4 weeks
- Unlimited training for the first year
Ongoing Support
- Newsletter
- Meetings
- Toll-free phone line
- Grand opening
- Internet
- Security/safety procedures
- Field operations/evaluations
- Purchasing cooperatives
Marketing Support
- Co-op advertising
- Ad slicks
- Regional advertising