The numbers behind the fast-growing childcare and children’s services industry prove its far more than just child’s play!
Per the Bureau of Labor Statistics, at least 70 percent of mothers of young children work outside the home today, creating a huge demand for childcare services all across the United States. In fact, tutoring and driving schools alone produce about $11 billion in revenue annually and employ over 285,000 people. So, it goes without saying that the childcare industry is both growing quickly and very lucrative.
But which company is right for you as an entrepreneur? To help you find out, AskMrFranchise.com reviewed the 5 best childcare franchises and children’s services franchises for 2020. Let’s jump right in!
1. Bricks 4 Kidz
Initial Franchise Fee: $10,000 – $50,000
Startup Costs: $17,625 – $75,975
Founded back in 2009, Bricks 4 Kidz is a unique creative childcare franchise that makes learning fun. The business teaches kids 3-13+ and up the fundamentals of engineering, technology, science, and math with LEGOS, helping them understand these important concepts in a fun and unforgettable way.
Bricks 4 Kidz is one of the best childcare franchises for entrepreneurs due to its flexible business model, affordable startup costs and initial franchise fee, and unique, creative way to help children both learn and have fun at the same time.
2. Fun Bus
Initial Franchise Fee: $32,500
Startup Costs: $85,500 – $160,500
Fun Bus, established in 2002, brings the fun to kids all across the United States! Essentially a gym on wheels, this mobile fitness franchise aimed at children ages 2-7 offers a variety of fitness and dance classes, games, and other fun activities that seamlessly blend both entertainment and fitness.
This unique franchise is ideal for entrepreneurs passionate about both children’s fitness and entertainment, and also offers accessible startup costs and excellent scalability. Plus, it’s just plain fun!
3. Kid Create Studio
Initial Franchise Fee: $61,000 – $62,500
Startup Costs: $108,800 – $231,750
Kid Create, established in 2016, offers a unique mix of creativity, imagination, and art for children. The business encourages kids to explore different concepts of art and creative their very own works of art they can call their own. Classes available for customers range from weekly sessions, one-time workshops, private classes, and more.
Another one of the best childcare franchises out there today, Kid Create Studios offers a blend of scalability, flexibility, and profitability that makes it very enticing for entrepreneurs who love to both be creative and make a difference in children’s lives.
4. Engineering for Kids
Initial Franchise Fee: $11,250 – $22,500
Startup Costs: $38,800 – $58,750
Engineering for Kids is a childcare franchise established in 2010 that teaches kids STEM education through fun and engaging activities. Offering services at camps, workshops, birthday parties, and more, this franchise helps children learn and grow with a variety of unique hands-on activities that provide hours of fun and education alike.
This is a great franchise for entrepreneurs due to its low startup costs, great revenue potential, and position and a well-known brand in the fast-growing STEM education space.
5. Mad Science
Initial Franchise Fee: $53,000 – $69,779
Startup Costs: $107,650 – $286,459
Founded back in 1985, Mad Science is a company that educates kids on a wide array of STEM subjects through after-school programs, birthday parties, and more. The franchise helps children learn and have fun simultaneously and is one of the best-known companies in children’s STEM education today.
Mad Science offers entrepreneurs an experienced partner, excellent brand recognition, and the opportunity to provide kids of all ages and backgrounds entertainment as well as education.
Check Out These Best Childcare Franchises – and Others!
These are just some of the best childcare franchises and children’s services businesses to consider if you’re an entrepreneur who’s passionate about helping kids play, learn, and grow. Don’t limit yourself to just these though – be sure to check out even more childcare franchise opportunities here on AskMrFranchise.com to find one that’s best for you!