Franchise FAQs

FAQs

Questions About Franchising

Over the years, we’ve received a lot of questions about franchising with Lightbridge Academy. To learn more about your opportunity with our early childhood education franchise, check out our franchise FAQs!

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Comments

Do you meet the liquid asset requirement of $250k?*

Yes

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How is Lightbridge Academy different from a daycare facility or other child care centers?

Lightbridge Academy’s core values and Circle of Care philosophy create a trusting culture of care where all members of our family are valued. As The Solution for Working Families®, Lightbridge Academy helps parents meet the challenge of balancing work and life. More than any other child care provider, we offer a multitude of ways for parents to experience peace of mind: from our early childhood educational program to our ParentView® internet monitoring system and our gold standard for health and safety. This culture of care extends to our franchisees with an unparalleled level of training, support, and services.

Do I need experience in education or child care?

Educational experience is not necessary as you will hire an experienced center director to operate the business. It’s more important that you possess a strong business and management acumen. Lightbridge Academy will provide the training necessary to create our culture and implement programs, services, operations, and curriculum.

How long does it take to open a center?

The development process typically takes anywhere from 18-24 months. You’ll be involved every step of the way with our support, learning the business, completing your training, and beginning your community outreach.

What kind of training will I receive?

Lightbridge Academy provides 177 hours of training through in-classroom teaching, webinars, and hands-on instruction in an operating child care center. This takes place throughout the construction process and continues to your opening, with ongoing business coaching for the duration of your franchise agreement. Our training program exceeds the industry standard, underscoring our Circle of Care commitment to franchisees.

Do I need to find my own site?

We’ll support and personally assist you with the site identification and selection process. We have an extensive network of brokers and developers focused on identifying high-quality and competitively priced sites that meet our criteria. After the site is approved, we’ll provide a comprehensive real estate analysis and review the findings together before you make a final decision.

What financing options are available?

Many alternatives are available to franchisees, from taking out a conventional loan to leveraging retirement savings. We support franchise owners to help them obtain the right financing. We can connect you with trusted lenders who know the franchise business and are familiar with Lightbridge Academy’s business model. View the investment page.

What are your royalties?

For the first six months of operation, you’ll be responsible for a royalty fee of 4%. After your sixth month in business, you’ll be responsible for a 7% royalty fee. There is also a 2% contribution to the Brand Development Fund, which is used to support growth and build the Lightbridge Academy brand through a broad range of regional marketing and advertising. These will all be drawn from your gross revenue.

For more information, please see Items 6 and 7 in our franchise disclosure document (FDD).

Get Started Now!

Experience our best-in-class franchise training and support yourself!
Reach out to us today to begin your journey with Lightbridge Academy.