What Are the Top Child-Related Franchises?

Remote learning is now commonplace. In-home service is far more abundant than it was before the COVID-19 pandemic. The normal day-to-day life of kids everywhere has changed in some way, shape or form, and as the world responds to a new kind of normal, the child-related franchise landscape has changed along with it.

There are a handful of franchise brands that have developed a strong presence over the past year and a half, especially in the education field, where change has been essential in the past year. Northeast-based Lightbridge Academy® currently boasts a 9.2% expected annual growth, capitalizing on a $40 billion child care industry with initiatives like mindfulness programs and full-staff training in place.

Other brands, like the tutoring giant Kumon, have been able to capitalize on a rapid increase of remote learning and have supplemented any areas in schooling where further assistance may be needed.

These top education brands are joined by STEAM-based franchise models like IDEA Lab Kids*, a revolutionary education model that has implemented programs like STEAM On Demand. The program is designed to meet the adapting needs of remote education, and as the capabilities continue to grow, IDEA Lab Kids has been placed at the investment forefront.

While education brands have been forced to adapt, so has the availability of after-school programs. Bricks 4 Kidz, a mobile franchise model, teaches STEAM learning concepts to children through some serious use of legos. The business model has taken off with the advent of in-home learning accessibility, and it is quickly developing the trend further. Investment strategy is bound to follow, assuming the at-home education model is here to stay.

• IDEA Lab Kids: $150,000-$365,000

• Lightbridge Academy®: $525,728-$5,000,000

• Kumon: $70,000-$150,000