Children's Lighthouse
Childcare- 2023 Franchise 500 Rank
-
#349 Ranked #413 last year
- Initial investment
-
$4.3M - $6.6M
- Units as of 2022
-
66 34.7% over 3 years
Children’s Lighthouse, founded in 1996, is an early childhood education program in the United States. It is dedicated to providing value-based care for infants, toddlers, preschoolers, and school-age children. With more than 60 locations, Children’s Lighthouse strives to provide exceptional and educational childcare in a private preschool setting.
Children’s Lighthouse began franchising in 1999 and is actively seeking to expand its reach even further.
Why You May Want To Start a Children’s Lighthouse Franchise
With a proprietary, S.T.R.E.A.M-based curriculum, Children’s Lighthouse aims to provide a detailed and wholesome educational environment for children aged six months to six years with an afterschool program for children until age 12. The Children’s Lighthouse franchise’s primary focus is to enrich the communities they serve by building good relationships with children and parents.
As you run your franchise, you will get the opportunity to educate young minds and be a part of their growth journey. You and your team will be responsible for creating an environment where the children can learn, grow, and expand their horizons in a safe way. You may have the unique opportunity of connecting with families and the community at large.
Opening a Children’s Lighthouse franchise may offer a more predictable outcome than investing in a completely new brand that could struggle to thrive in an already crowded and competitive industry.
What Might Make Children’s Lighthouse Franchise a Good Choice?
Through your Children’s Lighthouse franchise, children will get a Cognia™ accredited education, friends, and relevant social skills. You will get to build a business with a reputable company that has more than 20 years of experience in the industry. As more parents look for safe places to educate their children, early childhood education becomes more important. Starting a Children’s Lighthouse franchise may give you a chance to grow with this industry.
To be part of the Children’s Lighthouse franchise team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising fees and royalty fees. Franchisees will also need to meet the company’s set net worth and liquid capital requirements.
How To Open a Children’s Lighthouse Franchise
As you decide if opening a Children’s Lighthouse franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a Children’s Lighthouse franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.
Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Children’s Lighthouse franchising team questions.
If awarded a franchise with Children’s Lighthouse, franchisees will receive information on the site selection process, home office, ongoing training programs, and field support. Franchisees will also learn how Children’s Lighthouse provides marketing and advertising programs for your franchise location.
Company Overview
About Children's Lighthouse
- Industry
- Children's Businesses
- Related Categories
- Childcare, Miscellaneous Children's Businesses, Children's Education/Enrichment
- Founded
- 1996
- Parent Company
- Childrens Lighthouse Franchise Co.
- Leadership
- Michael Brown, President
- Corporate Address
-
101 S. Jennings Ave., #306
Fort Worth, TX 76104
Business Overview
- Franchising Since
- 1999 (2023-1999 years)
- # of employees at HQ
- 19
- Where seeking
-
This company is offering new franchisees in the following US states: Alabama, Arkansas, Arizona, California, Colorado, District of Columbia, Delaware, Florida, Georgia, Iowa, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maryland, Michigan, Minnesota, Missouri, Mississippi, North Carolina, Nebraska, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Washington, West Virginia
- # of Units
- 66 (as of 2022)
Information for Franchisees
Here's what you need to know if you're interested in opening a Children's Lighthouse franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
-
Initial Franchise Fee
Information Circle - $75,000
-
Initial Investment
Information Circle - $4,336,318 - $6,604,406
-
Net Worth Requirement
Information Circle - $600,000 - $950,000
-
Cash Requirement
Information Circle - $300,000 - $500,000
-
Veteran Incentives
Information Circle - $25,000 off franchise fee
-
Royalty Fee
Information Circle - 7%
-
Ad Royalty Fee
Information Circle - 0.5%
-
Term of Agreement
Information Circle - 20 years
- Is franchise term renewable?
- Yes
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Children's Lighthouse has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 80 hours
- Classroom Training
- 80 hours
- Ongoing Support
-
NewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Ad TemplatesRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail Marketing
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
-
Can this franchise be run from home/mobile unit?
Information Circle - No
-
Can this franchise be run part time?
Information Circle - No
- # of employees required to run
- 25
-
Are exclusive territories available?
Information Circle - No
Interested in ownership opportunities like Children's Lighthouse? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Children's Lighthouse landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where Children's Lighthouse ranked on other franchise lists? Find out below.
Sign Up for Our Franchise Newsletter
Stay up to date on the latest news and trends affecting the franchise industry.
Related Franchises
Are you eager to see what else is out there? Browse franchises that are similar to Children's Lighthouse.
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
Why a Strong Chief Financial Officer Is Crucial for Your Franchise — and What to Look for When Hiring One
A successful private equity transaction for your franchise business means bringing on the right strategic thought partner.
What Makes Ellie Mental Health a Top New & Emerging Franchise
CEO Erin Pash was skeptical of using franchising to expand her mental health business at first, but now she's seen the positive impact it can have
The Real Cost of Franchising Your Business
Franchising can be a low-cost way to expand your brand — but it's not no cost. Here's what to keep in mind.
Understanding the Basics of Franchising Your Business
Is franchising right for you? Unlock your business's potential and learn where to start.
How to Evaluate Whether a Franchise Opportunity is Right for You
Buying a franchise is a significant investment, so don't rush the process.
How to go From Aspiring Entrepreneur to Successful Franchisee in 9 Steps
Ready to become a franchise owner? Use this checklist to get started.