
Lightbridge Academy
Childcare/early learning- Units as of 2020
-
47 (19 added in 3 years)40.4%
- 2021 Franchise 500 Rank
-
#143 Ranked #234 last year
- Initial investment
-
$549K - $5.1M
Company Overview
About Lightbridge Academy
- Industry
- Children's Businesses
- Related Categories
- Childcare, Tutoring, Miscellaneous Children's Businesses
- Founded
- 1997
- Parent Company
- Lightbridge Franchise Co. LLC
- Leadership
- Gaetano Falzarano, Founder & CEO
Franchising Overview
- Franchising Since
- 2011 (10 years)
- # of employees at HQ
- 35
- Where seeking
-
This company is seeking new franchisees in the following US states: Delaware, Florida, Maryland, North Carolina, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Virginia
- # of Units
- 47 (as of 2020)
Franchisor Information
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Lightbridge Academy franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $40,000
- Initial Investment
- $549,228 - $5,054,735
- Net Worth Requirement
- $1,000,000
- Cash Requirement
- $200,000
- Veteran Incentives
- 10% off franchise fee
- Royalty Fee
- 7%
- Ad Royalty Fee
- 2%
- Term of Agreement
- 15 years
- Is franchise term renewable?
- Yes
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Lightbridge Academy has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 32 hours
- Classroom Training
- 114 hours
- Additional Training
- Ongoing
- Ongoing Support
-
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- # of employees required to run
- 32
- Are exclusive territories available?
- Yes
Franchise 500 Ranking History
Compare where Lightbridge Academy landed on this year’s Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where Lightbridge Academy ranked on other franchise lists? Find out below.
Franchise 500 Ranking
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- Title
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- Role
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