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Child Education and Services Survey 2002
FranchiseHelp.com, Aug 2002
The 'Child Education and Services Survey,' published in August 2002 by FranchiseHelp (45 pages), analyzes 14 child education and services franchises using 16 different criteria. Educational services cover: childcare, proprietary schools, educational publishing, school supplies, training, tutoring, consulting and e-services.
The Wall Street Journal recently ranked Child Learning and Computer Centers as the #1 type of franchise, as forecasted by annual growth.
The need for child education and services businesses stems, in part, from an increasing children population and working parents with more disposable income, and greater needs for services that they no longer can personally provide.
Here are a few industry statistics:
Educational franchises have grown by 35% since 1989 (The Wall Street Journal)
41% of American families have children under the age of 14 (U.S. Dept. of Labor)
80% of parents who both work use some form of childcare (Parents Magazine).
60% of families are unsure that their current child-care arrangements will be in place 6 mos. from now (Parents Magazine)
More dollars are spent on education and learning centers than on national defense
Parents will spend $60 billion on childcare this year, according to industry projections.
Owning a child education/services franchises can be very personally rewarding, as well as financially rewarding. By becoming an owner of such a franchise, franchisees can impact the lives of young people in their communities. Franchisees can also give parents peace of mind in knowing that their children are in a safe environment and that they can make long-term plans.
The 'Child Education and Services Survey 2002' contains useful, valuable, and hard-to-get information, such as number of closed units for franchisees franchise fees, royalties, and advertising fees and financing availability.
FranchiseHelp believes the information contained in these reports are valuable for potential and current franchisees and franchisors financial firms and investors and suppliers to this marketplace.
Companies Surveyed:
Computertots
FasTracKids
Fourth R
Goddard School
Gymboree
Huntington Learning Center
Kiddie Academy International
Kids R Kids
KinderDance
Kumon
Primrose
Sylvan Learning Center
The Little Gym International
Tutor Time
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