The recent merger and sale of multiple Neighborly franchisees to private equity firm Prospect Partners forms a new platform called Complete Ho…
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Lightbridge Academy’s senior vice president of franchise sales, Jim DiRugeris, meets potential franchisees constantly—and he’s learned what to…
As a little girl, Sanya Parkash attended Rainbow Academy—the predecessor of Lightbridge Academy. Decades later, she’s running a Lightbridge Ac…
Children’s education and daycare franchises, like just about every business sector, are being impacted by ongoing staffing shortages. As compa…
You could say Guy Falzarano, founder of child education franchise Lightbridge Academy, made it in June when two firms invested in his franchise. But others benefitted as well. Falzarano’s story is part of a Franchise Times digital series this month featuring founder success stories.
Don’t sign the lease or buy a site until you’ve done your due diligence, say execs from Lightbridge Academy, Mutts Canine Cantina and Fransmart.
Club Pilates retains its spot at the top of this year’s Fast & Serious list, but Urban Air Adventure Parks is nipping at its heels as that brand debuts on our ranking at No. 2. An investment from MPK Equity Partners in 2018 is helping fuel Urban Air’s rapid expansion, says CEO Michael Browning, who co-founded the franchise in 2011 and touts “revolutionary” initiatives such as a membership program for driving sales. Some franchisees have a different view, but the brand grew systemwide sales by nearly 293 percent over three years, to $216 million in 2019. Read more from Browning and check out strategies from the other 39 companies on this list in our exclusive research project that identifies sustainably growing brands.
Vik Patel, who acquired 38 Rent-A-Centers in Arizona in December, is candid about the negative comparisons of rent-to-own businesses to predatory lending.
Liz and Joe Lewis have been in franchising together for almost their entire 32-year marriage.