Rank no.317 – Childrens Lighthouse Franchise Co. – US
Products & Services: Child-care services
Number of Locations: 36
Total Investment: $556.5K – 3.86M
Began Franchising: 1999
About Childrens Lighthouse Franchise Co.
Childrens Lighthouse was founded in the 1990’s in Fort Worth, Texas and began franchising in 1999. Franchise locations offer educational child-care services for ages six weeks up to 12 years.
Startup Costs, Ongoing Fees and Financing
Franchise Fee: $60,000
Ongoing Royalty Fee: 7%
Term of Franchise Agreement: 20 years, renewable
Net Worth: $500,000
Liquid Cash Available: $300,000
17% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 25. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators).
|FINANCING TYPE||IN-HOUSE||THIRD PARTY|
How This Franchise Supports Franchisees
Franchise Ranking History
Children’s Lighthouse Learning Centers are early childhood learning centers that offer quality preschool education and after-school programs for children. Centers are state-of-the-art, with key code entry and cameras in each room so a parent can view their child from anywhere in the world.
At Children’s Lighthouse, we provide franchisees the tools and resources for success. We have a proven community marketing plan that has worked effectively in our nine corporate locations.
With its national growth strategy, Childrens Lighthouse is poised to take advantage of several extremely positive industry trends:
- The under-five population is projected to grow 55% from 2000-2050.
- The effects of the baby boom echo (those born between 1977-2002) will be increasingly felt. Long-range projections indicate a rising number of annual births from 4.2 million in 2010 to 4.8 million in 2028.
- Rising numbers of double-income families and single-parent families continue to cause waiting lists in child care centers in the U.S.
As a new franchisee, you’ll benefit from the knowledge and commitment of co-founders Pat and Mike Brown. As a member of the Childrens Lighthouse family, your franchise will gain additionally from the 150+ years of executive team child care industry experience. You’ll align yourself with a growing industry and share the following:
- Competitive advantages within the business model that assist you in building your customer base
- A local marketing and advertising plan tailored for child development franchises
- Territory availability in most markets due to our long-time focus on perfecting our operations.
These benefits and others provide a competitive edge for each Childrens Lighthouse franchise owner. Due to our past history and continuous expansion of the child care industry, more of our franchise owners are becoming multi-unit owners. We offer a concrete plan for business ownership and back it up with real estate expertise, unsurpassed training and support and a nationally recognized curriculum. And we are proud that our franchisees average some of the highest sales of any national children’s franchise. You will learn that our franchise locations that have been open longer than 18 months have an average annual sales volumes of US$1,546,367
(see Item 19 in the 2012 Childrens Lighthouse FDD for complete details).
Four weeks at headquarters; plus 4 weeks at franchisee’s location. Unlimited training for the first year, plus support such as meetings, a toll-free phone line, grand opening, Internet, security/safety procedures, field operations/evaluations, and purchasing cooperatives.