Franchise Deep Dive: Lightbridge Academy’s Franchise Costs, Fees, Profit and Data

The brand known for its Circle of Care foundation continues to appeal to potential franchisees in a multi-billion dollar industry. Here’s why:

By Aryanna Cannoy1851 Franchise Contributor

Updated 2:14PM • 03/19/23

LAST UPDATED: April 2024

FRANCHISE WEBSITE: https://lightbridgeacademyfranchise.com/

NUMBER OF LOCATIONS: 75+

REPORTED COST TO GET IN: $621,233 – $5,202,500

REPORTED ROI (Item 19): $180,272 per month

Lightbridge Academy* has been cultivating a great reputation for itself in the childcare industry since 1997. When the brand began franchising nearly 15 years later, the executive team focused on creating a business model that appeals to both potential franchisees and parents. With the childcare industry expected to grow to an $83.6 billion industry by 2030, Lightbridge Academy continues to evolve.

How Many Lightbridge Academy Locations Are There?

There are over 75 Lightbridge Academy franchises open across the U.S., and the brand has another 75-plus in development. With a strong concentration of centers in the Northeast and additional locations down the East Coast and in the South, it is quickly growing, bringing its Circle of Care approach to major markets nationwide.

What Is the Lightbridge Academy Business Model?

To operate a Lightbridge Academy, a franchisee must have a physical location within the territory agreed upon. Once open, each center has access to the brand’s ParentView® Internet Monitoring System and eCommunication app that allows parents to check in and receive real-time updates on their children at any time.

How Much Can Lightbridge Academy Franchise Owners Make?

Lightbridge Academy reports an average monthly gross revenue of $180,272 among franchisee-operated locations in New Jersey, the state where the brand has the most centers. This represents an average gross revenue of over $2 million per year, demonstrating the revenue potential of Lightbridge Academy franchises when franchisees commit to developing brand awareness and loyalty within the community.

Prospective franchisees should review the Franchise Disclosure Document Item 19 for more detailed financial representations.

How Much Does It Cost to Open a Lightbridge Academy?

Lightbridge Academy offers two primary build-out options: a leased or purchased center.

For a leased center, the initial investment ranges from $621,233 to $937,900. For a purchased center, the initial investment ranges from $2,611,900 to $5,202,500.

What Is the Franchise Fee for Lightbridge Academy?

The initial franchise fee to begin the operation of a single Lightbridge Academy franchise is $40,000.

Who Is the Leadership of Lightbridge Academy?

What Helpful Articles Can I Read to Learn More About Lightbridge Academy?

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*This brand is a paid partner of 1851 Franchise. For more information on paid partnerships please click here.