TL;DR
Neighborhood Kids, a faith-based preschool concept, has launched franchising opportunities due to soaring demand for Christian early education programs. The franchise offers a unique opportunity with a lower cost of entry and higher ROI compared to other early education brands.
Neighborhood Kids, the faith-based preschool concept, launched franchising opportunities this year after seeing a soaring demand for Christian early education programs. If you’re looking for a new beginning and a sense of purpose beyond profits, here are five reasons why you should consider investing with the brand.
It's a Unique Opportunity
Unique faith concept
Though Christian preschools are not uncommon, it’s quite rare to franchise that concept. “You can go down the list of the top 10 early education franchise brands in America, and none of them have a faith element,” said Frank Toral, CEO of Neighborhood Kids. “That is what distinguishes us and that is what is missing in our culture today.”
Additionally, Neighborhood Kids provides faith-based learning opportunities that are not found at other early-education providers. Of the 146 private Christian schools in Palm Beach County, Neighborhood Kids is the only one that’s a multi-campus preschool not connected to an elementary school or church.
The franchise is committed to transforming culture by providing God-honoring early education in a safe and happy learning atmosphere. Franchising with Neighborhood Kids means being a part of making this unique opportunity accessible to more families.
High demand market
There is High Demand
There is currently a high demand from parents in the United States for private Christian schools. Since January of 2021, all Neighborhood Kids locations have remained at capacity with additional students on the waiting list. In fact, this is the case with most of the private Christian schools in Palm Beach County, leaving vast opportunity for expansion.
“There is an unprecedented demand for Christian-based education in America right now. It’s unlike anything we’ve ever seen,” said Toral. “Parents want their children in an environment that teaches foundational family values. They want that because it prepares them not just for grade school but for life.”
Fulfill a Higher Purpose
When franchising with Neighborhood Kids, you have the opportunity to make a difference in the lives of children beyond education.
“I think what is compelling about Neighborhood Kids is that people may feel they are called to fulfill a higher purpose,” said Toral. “Money is good, but to be able to make a good living and do it with a sense of purpose is really the opportunity that we provide owners.”
Toral added that it’s all about doing something that builds a legacy and a lasting impact. “They can pass down a thriving business and have an even broader legacy: providing children with a loving foundation that will support them in life and will have an eternal impact.”
Financial model and growth
The Financial Model
Compared to the top 10 early education brands, Neighborhood Kids has a lower cost of entry and a higher ROI, Toral noted.
“We aren’t asking people to invest millions of dollars to open,” he said. “We have a church-based model, and we have the traditional model of a permanent lease program. The latter may leave you saddled with debt. Our church-based model eliminates that.”
Franchise owners go through a highly selective process during which the franchise matches them with an existing church in the area that already has the facilities built out.
“It’s a win for the church because we’re bringing hundreds of families to church on a weekly basis. It’s a win for the franchise owner because they have existing space with little renovation costs. And it's a win for us because we get to impact our community in a holistic way,” said Toral.
Nationwide Expansion Plans
The franchise has seen considerable growth from these locations within churches.
“There are thousands of churches across America that are sitting empty during the week,” Toral said. “There is a significant use and utility for that space, and it’s notably lower in cost to future franchisees than refurbishing an existing standalone space.”
This year, the brand plans to be conservative in its number of new locations to provide its first few franchise owners with the support they need. Currently, the brand is focusing on expansion within Florida, specifically in Dade, Broward and Palm Beach counties, as well as the Orlando and Tampa markets.
However, Toral says that, if that goes well, the brand will begin expansion across the southern states, from Texas to the Carolinas, then begin to work its way around the country.
Neighborhood Kids got its start as a preschool established in Wellington, Florida, in 1978. Now a private, faith-based early childhood education organization, Neighborhood Kids provides generational impact through safe, fun, supportive, and God-honoring early education environments. For more information, visit www.neighborhoodkids.com.
In this story
This story was originally published in 1851 Franchise on September 7, 2022. Burnaze summarizes and links to the original reporting.
Read the full story at 1851 FranchiseLiked this? Get the week's franchise news, explained
- Sunday 8 AM ET weekly + a monthly deep dive
- Sections picked for the industries you follow
- Every claim linked to its source. Free.
