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Children's Lighthouse Learning Centers
 

CHILDREN'S LIGHTHOUSE is one of the newest and brightest concepts in the child care industry in the last decade. State-of-the-art 10,000 square foot centers, with keycode entry and cameras in each room so a parent can view their child from anywhere in the world.

Franchisor Background

Year Established:

  1997

Franchising Since:

  1999

Operating Units:

Franchised Units:25 73.5%  
Company-Owned Units:9 26.5%  
 ______ _____  
Total Operating Units:34 100%  
 

Geographic Distribution:

U.S.:34 100% In 4 States
Canada:0 0% In 0 Canadian Provinces
International:0 0% In 0 Foreign Countries
 ______ _____  
Total:34 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. Florida2
2. Texas14

Registered in Following Registration States:

   California, Florida, Michigan, New York, District Of Columbia

Financial Requirements

Investment:

Minimum Net Worth:$500K
Cash Investment:$275K
Total Investment:$1.5-2.5MM
Average Total Investment:$2000K
 

Fees:

Initial Franchise Fee:$50K
Average Franchise Fee:$50K
On-Going Royalty:7%
Average Royalty:7%
Advertising Fee:1%

Average Number of Employees:

   25 Full-time, 0 Part-time

Space Needs (in square footage):

   10,000

Preferred Sites:

   Free-standing Building

Other Sites:

  

Encourage Conversions?

   Yes

Earnings Claims Provided?

   Yes

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:No
Canadian Franchise Association:No
Franchisee Association/Member:No
Size of Corporate Staff:10
Site Selection Assistance?Yes
Lease Negotiation Assistance?Not Applicable
Financial Assistance?Yes, Indirect
 

Marketing Support:

Co-Op Advertising:No
National Advertising:No
Regional Advertising:No
Local Advertising:No
Marketing Materials:None Specified
Additional Services:None Specified
Other Marketing Support:None Specified
 

On-Going Support:

Central Data Processing:Not Applicable
Central Purchasing:Not Applicable
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Not Applicable
Franchisee Newsletter:Not Applicable
Regional or National Meetings:Not Applicable
800 Telephone Hotline:Included in Fees
 

Training:

1. Corporate Office Ft. Worth, TX40 Hours
2. On-Site80 Hours
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:4
General Business Experience:4
Specific Industry Experience:3
Formal Education:3
Psychological Profile:3
Personal Interview(s):4

Minority Representation

Units Owned by Minorities:

African-American:N/A
Asian-American:N/A
Hispanic:N/A
Native American:N/A
Other:N/A
Specific Minority:Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.

Terms of Contract

Term of Initial Contract:25 Year(s)
Term of Renewal Period:10 Year(s)
Passive Ownership:Allowed
Area Development Agreements?Yes, for 1 Year(s)
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes

Expansion Plans

Projected New Units Over Next 12 months:

   6
U.S.:Yes, All United States
Canada:Yes, All Canada
Overseas:No
 
 
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