As a franchisee, you will operate a Lightbridge AcademyCenter offering early learning programs for infants (6 weeks and up), toddlers, pre-school and kindergarten age children, with summer camps for school age children.
Company Background
Lightbridge Academy is the leading franchisee of accredited early learning programs for infants (6 weeks and up), toddlers, pre-school, kindergarten age children. We also offer summer camps for school-age children. Lightbridge Academy's mission is to provide high quality early education that inspires a love of learning through play and discovery in an environment where every child thrives.
Franchise Opportunity
It's no secret that the earlier a child begins their education, the better their chances of success in life. However, finding an affordable and high-quality early learning program can be difficult. According to The National Institute for Early Education Research (NIEER), children who attend quality early education programs are more likely to graduate from high school, have higher earnings as adults, and require less assistance from social services. Lightbridge Academy is a trusted provider of early childhood education with over 20 years of experience. Our award-winning programs are designed by experts in early childhood development and feature STEAM-based learning (Science, Technology, Engineering, Arts & Math). With locations across the country, we offer convenient hours and tuition rates that fit any budget.
Corporate Structure
We are a New Jersey limited liability company formed on November 16, 2010 and maintain our principal business address at 116 Grand Street, 2nd Floor, Iselin, New Jersey 08830. We do business under our corporate name. We offer and sell franchises for the operation of Centers under the 'Lightbridge Academy' mark. We started offering franchises for the same type of business you will be operating in January, 2011. From 2011 through June 2014, we offered franchises under the trade name 'Rainbow Academy'. Beginning in October, 2014, we required existing franchisees to cease operating under the trade name 'Rainbow Academy' and begin operating under the trade name 'Lightbridge Academy'. We have never offered franchises in any other line of business. We currently do not operate any Lightbridge Academy Centers however one of our affiliates operates Lightbridge Academy Centers.
Royalties and Marketing Fees
Royalties : 7.0% of revenue
Earnings Transparency
7 /10
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Financial Performance of "Standard" Units
Average Revenue Per Unit
Compared vs. Child-Related Industry
$967,049 / unit
Franchise Type: Standard
Average Revenue During 2020
$967,049
$47,217 Industry Low
$1,498,465 Industry High
Franchisee Attrition
10 /10
This franchise's rate of attrition in 2023
of 0.00%
was
Higher
than the 0% in the Child-Related industry. Generally speaking, a higher rate of attrition represents a less stable franchise system and a lower rate of attrition indicates a more successful system
What's Included in franchise attrition?
We define the franchisee attrition rate as the sum of terminations, re-acquisitions by
franchisor, non-renewals, and ceased operations, divided by the number of outlest at the start of the year.
It is a strong indicator of the strength of the underlying operating model
Franchise Types Available
#
Type
Investment
Fees
Employee Contact Database
#
Name
Position
Phone Number
Email Address
Franchise Disclosure Documents
FDD
Effective Date
Distribution of Lightbridge Academy Franchisees
Lightbridge Academy Franchise System Development in 2021
FAQ
How much investment do I need to start my own Lightbridge Academy business?
Franchisees typically require at least
$390,650 to
$824,150 investment to get their
Lightbridge Academy business started
What are the initial franchise fees for Lightbridge Academy?
Franchisees typically need to pay at least
$61,250 in fees directly to
Lightbridge Academy in order to earn the right to launch their business
How much money can I make with a Lightbridge Academy franchise? What are
the average revenues for a typical Lightbridge Academy business?
We estimate that the average revenue of an individual
Lightbridge Academy unit is approximately
$967,049. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a Lightbridge Academy unit? What
is my contractual commitment?
Lightbridge Academy franchisees are typically required to sign up to a
15 year contract initially. The renewal length
is 5 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
4 /10
The Franchisor's investment costs ranges from
$390,650 to $670,950
which is
Much Lower
than the $431,446 to $993,870 average in the Child-Related industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
Franchises in the Same Industry
Popular Franchises
Is this your Franchise?
Update your profile with photos, videos, useful information, and start connecting with prospective franchisees today