For many entrepreneurs, building a successful, stable portfolio isn’t enough. Beyond improving life for yourself and your family, you might also be driven by a desire to impact others through your work. If you’re on the lookout for franchise opportunities that allow you to give back, education franchises for sale give you the tools you need to make an impact.
Your Opportunity in the Education Industry
Nothing is more important to parents than giving their children the best possible start in life, and education franchises make learning opportunities more accessible. The numbers bear this out: by 2030, the global education market is expected to grow at a CAGR of 12.5% and in 2023 alone, the market was valued at $2.5 trillion.
The education industry continues to grow for many reasons. With college admissions remaining incredibly competitive, tutoring franchises help children shore up weak spots and gain the skills they need to excel academically.
In the post-pandemic landscape, more families have embraced virtual learning, creating demand for online learning services. As parents adapt to permanent remote work or office returns, they increasingly seek reliable child care that fits their new lifestyle.. When it comes to the care and education of their children, many parents would rather choose a trusted franchise brand.
Kinds of Education Franchises for Sale
While there are a handful of education franchises for sale that offer specialty programs like art, music, and language immersion, the best education franchise opportunities tend to fall into two categories: tutoring and child care. In order to make the best investment, you’ll need to understand which of these two best fits your skills and financial goals, as well as the needs of your market.
Let’s take a look at the differences between the two.
Tutoring Franchise
As the name suggests, tutoring franchises support both high achievers and students experiencing learning difficulties. Some tutoring franchises specialize in one area, like STEM, and others may offer support in preparing for standardized tests. Many still operate out of a brick-and-mortar location, but others have embraced online learning and offer virtual services. If your franchisor doesn’t require you to have a brick-and-mortar location, your operating costs and overhead may be lower than other education franchises.
Child Care Franchise
At a child care franchise, your team will be caring for small children, possibly as young as infancy. Child care franchises can be daycares, but that’s not always the case. Franchises like Lightbridge Academy are early learning centers, which provide age-appropriate instruction for the little ones in their care. Few things are as invaluable to working parents as reliable child care, and it shows in the remarkable growth of the early childhood education industry. The market size increased by 7.5% in 2023, giving it an estimated value of $22.3 billion.
With the growing demand for educational franchises, selecting the right opportunity is crucial.
Invest in Lightbridge Academy
If you’ve determined that expanding into the education industry is the right choice for your portfolio, we hope you’ll consider franchising with Lightbridge Academy. We help hardworking, family-oriented entrepreneurs build successful businesses that positively impact local families.
As The Solution for Working Families®, we stand out among child care franchise opportunities. Lightbridge Academy centers are uniquely positioned to provide the world-class early childhood education that busy families are looking for. Our proven business model, comprehensive training system, and robust franchisee support network give you the tools you need to make the most of growth in the education industry.
Ready to explore education franchise opportunities with Lightbridge Academy? For more information about our education franchises for sale, contact us today.