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SUBJECT DOSSIER · FDD 2024

Lightbridge Franchise

Cost, fees, owner earnings, closure rate and litigation for a Lightbridge franchise — pulled from the franchisor's own public FDD (2024), not its sales material.

Children's Education & Childcare · disclosure-honesty grade · from public state filings

Disclosure honesty

B
Transparency 4 / 5

Lightbridge discloses earnings (Item 19) — but the grade is how honestly. We graded it B.

Outlets73
Disclosed lawsuits0
Closure signals1 ceased
Investment
$1,067,233–$3,120,400
Total fees
10% of sales
Outlets
73
Closure signals
1 ceased, 6 terminated
Lawsuits
0
◢ FINDINGS
ITEM 20
1 outlets ceased operations
1 closure in 3 years; 6 terminations in 2023 across 50 franchised outlets

What their own earnings claim actually says

62 mature centers (24+ months): avg $2.45M revenue, $373.9K EBITDA (15.3%). 46 franchised centers avg $2.39M revenue, $352.7K EBITDA (14.7%). Developing centers underperform. Grant income included.

What a Lightbridge franchise actually costs to run

FeeDisclosedWhere it comes from
Initial franchise fee$40,000Item 5 — paid up front, before you open
Royalty7% of gross salesItem 6 — charged on revenue, not profit
Advertising fund3% of gross salesItem 6 — brand marketing, spent at the franchisor's discretion
Total recurring fees10% of gross salesBefore rent, labor, food or debt service
Total initial investment$1,067,233 – $3,120,400Item 7 — franchisor's own low/high estimate

Reduced royalty 4% first 6 months. Lease guaranty fee 6% annual rent. $6K quarterly min advertising.

Royalty and ad-fund percentages are charged on gross sales — an owner pays them whether or not the location is profitable.

Lightbridge system size and owner turnover

Total outlets73
Ceased operations1
Terminated by franchisor6
Transferred to new owners2
Closure rate1.4% of outlets

1 closure in 3 years; 6 terminations in 2023 across 50 franchised outlets

From Item 20 of the FDD 2024. Terminations and ceased operations are the franchisor's own count of owners who stopped — the number the sales pitch leaves out.

Is Lightbridge worth it? — how it compares to 60 similar franchises

Ongoing fees10% of salessteeper than 64% of children's education & childcare franchises
Startup costfrom $1,067,233pricier than 93% of peers
Disclosure honestyGrade Bmore honest than 75% of children's education & childcare franchises
Closure rate1.4% of outletsabout average
Disclosed lawsuits0fewer than most

Benchmarked against every children's education & childcare franchise we've graded from public FDDs — the context the franchisor's pitch never gives you.

◤ CLASSIFIED · ITEM 19 RECONSTRUCTED

Owner take-home for a Lightbridge

The franchisor's framing: 62 mature centers (24+ months): avg $2.45M revenue, $373.9K EBITDA (15.3%). 46 franchised … We reconstruct what an owner actually keeps, from their own FDD.

LOW
MEDIAN
HIGH

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Lightbridge franchise — frequently asked

How much does a Lightbridge franchise cost?
The FDD lists a total initial investment of about $1,067,233–$3,120,400, including a $40,000 initial franchise fee.
How much do Lightbridge franchise owners make?
62 mature centers (24+ months): avg $2.45M revenue, $373.9K EBITDA (15.3%). 46 franchised centers avg $2.39M revenue, $352.7K EBITDA (14.7%). Developing centers underperform. Grant income included. We grade this disclosure B for honesty.
What are the Lightbridge franchise fees?
Lightbridge's FDD discloses a $40,000 initial franchise fee, a 7% royalty on gross sales, a 3% advertising-fund contribution, for roughly 10% of gross sales in recurring fees before rent, labor, or debt service. Reduced royalty 4% first 6 months. Lease guaranty fee 6% annual rent. $6K quarterly min advertising.
What is the Lightbridge franchise profit margin?
Lightbridge does not publish a franchisee net-profit margin — almost no franchisor does. What Item 19 actually shows: 62 mature centers (24+ months): avg $2.45M revenue, $373.9K EBITDA (15.3%). 46 franchised centers avg $2.39M revenue, $352.7K EBITDA (14.7%). Developing centers underperform. Grant income included. Recurring fees alone take about 10% of gross sales, before rent, labor, food or debt service. Margin has to be reconstructed from the disclosure, not read off it.
What is the Lightbridge franchise failure rate?
1 closure in 3 years; 6 terminations in 2023 across 50 franchised outlets
How many Lightbridge locations are there?
Lightbridge's FDD reports 73 total outlets, with 1 that ceased operations in the most recent reporting year and 2 transferred to new owners. Item 20 is where system health shows up before the marketing does.
Does Lightbridge have complaints or lawsuits?
Lightbridge discloses no material litigation in Item 3 of the filing we reviewed. That's a positive signal, though it covers only what the franchisor is required to report.
Is a Lightbridge franchise worth it?
It depends on the numbers, not the pitch. Lightbridge scores B on disclosure honesty, carries about 10% of sales in ongoing fees. Get the real owner take-home before you sign.

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Source: MN CARDS 31270-202404-06 (Clean FDD 2024). FranchiseValidate is independent and not affiliated with Lightbridge or its franchisor. Figures are extracted from the franchisor's own public disclosure document; verify against the current FDD before any decision.