Starting a small business requires a financial investment, and a Children’s Lighthouse franchise opportunity is no different. We’re very proud of our offering, in part because we know what a value it is; our daycare franchise cost comes with comprehensive training and support and features a time-tested business model that will let you integrate into our industry smoothly and successfully. Here, we’ll take a brief look at some of our investment numbers and what you can look forward to as a Children’s Lighthouse franchise owner.
A Breakdown of Our Cost to Franchise a Daycare
Becoming part of the recognized and respected Children’s Lighthouse brand requires that you pay certain fees, both one-time and ongoing and that you demonstrate financial security. Below is a breakdown of some investment numbers:
- Franchise Fee: $75K
- Royalty: 7% of your gross sales
- Liquid capital: +/- $700K
- Net worth: +/- $1M
- Total initial investment: $4,270,225 – $6,314,588
Your total startup costs include our franchise fee and cover just about everything you’ll need to open your Children’s Lighthouse doors to begin offering your community our valuable suite of services.
We’re with Our Franchisees Every Step of the Way
Our comprehensive training and support mean just about anyone who has the drive and resources to succeed can take advantage of our investment opportunity, regardless of past professional experience. With us by your side, you’ll learn everything you need to know about our time-tested business model and how to leverage it. We’ll go over important topics like how to teach our proprietary curriculum, how to market your school, how to find and hire qualified staff, how to set growth goals, and so much more.
Beyond that, our highly recognized and respected brand name means you won’t have to work nearly as hard as you would otherwise to establish your franchise — we’ve already done that for you. Communities across the country have turned to Children’s Lighthouse franchises for quality care and education for 25 years, making us a leader in our industry and a name parents trust.
Your New Preschool Is Needed Now More than Ever in Your Community
Today, the demand for early childhood learning opportunities combined with quality childcare has increased dramatically. Right now, nearly 70% of young mothers participate in the workforce, requiring more families to seek outside childcare, and as more households become dual income, that number will rise. In fact, ours is a recession-resistant industry that has not only seen incredible growth but continues to be an important economic driver, with revenue of over $47B.
Opening a Children’s Lighthouse preschool and childcare center will not only put you at the forefront of a robust industry, but will also give you the potential to strike a better balance between work and life. Because you’ll be managing your school at a high level and relying on a School Director to oversee day-to-day operations, once your school is established, you just might find yourself with more free time for family, friends, hobbies, and more — and who doesn’t want that?
Ready to find out more about the cost to open a Children’s Lighthouse franchise? Our experts are here to answer your questions, so get in touch today!