In this FDD Talk 2015 post, you’ll learn the following:
- Section I – Background information on the Children’s Lighthouse Learning Centers franchise opportunity, including relevant news updates
- Section II – Estimated initial investment for a Children’s Lighthouse Learning Centers franchise, based on Item 7 of the company’s 2015 FDD
- Section III – Presentation and analysis of Children’s Lighthouse Learning Centers’ financial performance representations, based on Item 19 of the company’s 2015 FDD, including information on the:
- 2014 average gross revenue and enrollment numbers for mature franchised Children’s Lighthouse Learning Centers (operational for more than 18 months)
- 2014 average gross revenue and enrollment numbers for mature affiliate-owned Children’s Lighthouse Learning Centers (operational for more than 18 months)
Section I – Background Information
Sibling duo Patrick and Michael Brown grew up in a very entrepreneurial environment. Their father owned a manufacturing plant, so starting and running businesses was a part of their family DNA.
In the 1990s, the pair of brothers were looking for a business idea that would have a big impact on the Dallas/Ft. Worth community, and education seemed a natural place to start. After extensively researching the field, Children’s Lighthouse Learning Centers was started in 1995 and began franchising in 1999 after honing the business model.
Pat now serves as the company’s president while Mike has worn a variety of hats, from CEO to vice president of finance to chair of the board.
Headquartered in Ft. Worth, Texas, the vast majority of its locations are in Texas (to the tune of at least 35) with a scattering of locations in FL, NJ, KS, NC, IL, and CA. Of the chain’s 48 current locations, 8 are company-owned and 40 are franchised.
The concept, both simple and compelling, is captured in the company’s motto, CARES: Committing to Academics while Reinforcing the Excellence of Success. Its formula is to offer educational childcare with a purpose.
Recognized by the Dallas and San Antonio Business Journals as a great place to work, this family-owned chain provides daycare for children ages 6 weeks to 6 years old, as well as after-school care for children up to age 12.
Here’s how Children’s Lighthouse Learning Centers is making a difference in the lives of families:
Daycare with Education
Millions of parents need daycare for their children while they work. The bigger question is this: What’s happening to those children during daycare? Children’s Lighthouse brings added value to the childcare equation with distinct curriculum offerings for various age groups.
All the curriculums embody their commitment to active engagement (hands-on learning activities), research-centered practices (from play-based to brain-based learning strategies), embedded content (covering reading, math, science, and social studies content), and standards-based objectives (meeting and/or exceeding both state and federal standards).
Daycare with Values
As important as intellectual activities, Children’s Lighthouse also has a strong emphasis on character values education, focusing on the healthy social and emotional growth of children. Both teachers and managers model integrity, respect, responsibility, fairness, honesty, caring, self-control, and citizenship.
Meeting the Needs of Parents
The way this chain brings together both fun and learning is an important value proposition for a growing number of families where both must work but also want their children in a safe and stimulating environment.
It offers the peace of mind parents are looking for in an enhanced daycare experience. Each center includes online video links to its rooms, computer-controlled access to its facilities, security monitoring, and transportation services to and from surrounding elementary schools.
Section II – Estimated Costs
- Please click here for detailed estimates of Children’s Lighthouse Learning Centers franchise costs, based on Item 7 of the company’s 2015 FDD (updated).