Franchise News

Richmond Times-Dispatch: Lightbridge Academy Eyes Richmond, Virginia for Growth
Senior Vice President of Franchise Sales Mark Mele explains why the market is a great fit for the brand

Franchise News

Senior Vice President of Franchise Sales Mark Mele explains why the market is a great fit for the brand

Lightbridge Academy is targeting Richmond, Va. for greater state expansion and has plans to open two new centers in the city within a year.
“We seem to be making progress with two potential sites,” Mele told the Richmond Times-Dispatch. “If we can get the leases signed ... we are looking at a potential opening later this fall, or it if gets backed up because of permit approvals or things like that, it could be spring of 2018.”
Lightbridge Academy was founded in 1997 and currently has 27 locations, with plans to open 16 new locations just this year. The initial investment to open a Lightbridge Academy is an estimated $700,000 with a franchise fee of $60,000.
You can view the entire article here.
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About the Author
Nick Powills, CFE, founded No Limit Agency in 2008 and serves as Chief Brand Strategist for the Chicago-based firm. No Limit is a full-service communications agency that establishes and elevates brands by bridging Public Relations, Social Media, Marketing, Advertising, Digital, and a lot of creativity, to best strategize well-rounded and successful campaigns for 50+ global franchise brands. By presenting visionary ideas and building real relationships, No Limit is able to create effective media branding strategies to help companies grow. Nick currently leads a staff of writers, media strategists, designers, social media experts and digital producers in an office think-tank where brands are humanized for strong, compelling media stories. Prior to starting No Limit at the age of 27, Nick spent four years working at a franchise PR agency where he mastered the art of building rapport with media outlets and creating newsworthy pitches for earned media placements. He holds a Bachelor of Journalism from Drake University in Iowa.