Did You Know?

Kiddie Concepts Popping with Population Growth

The FBR (Franchise Business Review) study lists child services franchises as "one of the hottest sectors for franchising." The report says franchise companies that provide childcare, retail products, after-school programs, tutoring and other niche services specifically aimed at children, are expected to keep growing.

Children and education franchises are a lot like the kids they serve; some grow faster than others. But while children can rely only on genetics and nourishment, franchises mirror population rates and the market.

Franchisees in Child and Education Service Sectors tend to work fewer hours (often in addition to a full-time job) for lower pay, and have higher job satisfaction.

More than 80% of these franchisees rate their franchise system "above average" and 78% would recommend their franchise to a friend,

Trying to count child-services might require the skill of a Mathnasium. In reality, there are more than 300 franchised brands in the combined child sectors. Investments range from $30,000 for a mobile dance instruction business to more than $3 million for a preschool after the property has been purchased.

There isn't a direct correlation between the price you pay for a franchise and what you get out of it. Ultimately, success depends on how well the brand has been built, and how quickly it can tailor products to changing times and new trends.

"A lot of General Programming for Children,

whether that's exercising, music, or sports are being slashed at community, state and regional levels. School and Community budgets are being slashed."

That, in turn, is driving parents to find, and fund, franchised businesses tailored toward educating and entertaining their children.

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