The U.S. Children's Services Franchise Sector Is Growing Up
London, Ontario (PRWEB) September 03, 2014 -- The children's services franchise sector is one of the fastest growing sectors within the franchise industry. From our Sample of 106 children's services franchise systems, this sector has seen franchised outlets increase by 12.1% since 2010. Children's services franchises are growing at more than three times the franchise industry average to 9,105 outlets in 2013. A variety of businesses provide services to children under the umbrella of Children’s Services franchises. FranchiseGrade.com examined data from four general categories: Educational Services, Child Daycare, Sports & Fitness Training and Enrichment & Arts programs.
The report goes on to show that Children's Services franchises account for an impressive 6.3% of total franchise industry outlet growth, despite the fact that the sector represents only 2.1% of all franchise industry outlets.
Key Findings:
• Since 2010 Children's Services franchises grew by 12.1%
• Average Children's Services sector franchise operating since 2004
• Majority of systems (51%) operate less than 15 outlets
• Only 25% of systems have more than 100 outlets
Jeff Lefler, founder and CEO of FranchiseGrade.com commented:
“Our data for 2010 to 2013 showed us that despite its size and young age, the Children’s Services sector accounted for a staggering 6.3% of all outlet growth in the industry as a whole.”
Click here for more details and to download a sample Children's Services Report.
About FranchiseGrade.com
FranchiseGrade.com is the leader in competitive market research and objective analysis for the franchise industry. Their franchise assessment, grading and standardized reporting tools provide industry stakeholders with critical data driven metrics to support the growth of successful franchise systems. FranchiseGrade.com works to raise the bar for market research in the franchise industry to build a stronger franchise community.
Media Relations, FranchiseGrade.com, http://www.franchisegrade.com, +1 800-975-6101 Ext: 205, [email protected]
Share this article