Child care franchises are proven to be one of the most lucrative opportunities because they offer stability and flexibility for entrepreneurs while making a positive impact in communities. If you’re searching for a new career opportunity that offers financial stability, flexible hours, and makes a difference, consider purchasing a daycare franchise. Here’s a closer look at the profitability of franchises in the child care field.
The Benefits of Owning a Franchise in the Daycare Industry
According to Statista, there are over 856,000 daycare centers in the United States as of 2021. While that figure may seem large, more working parents are struggling to find quality, affordable daycare centers. According to SBDC, the childcare industry continues to remain among the top franchised businesses that are profitable due to more parents needing third-party assistance during working hours, despite economic recessions.
Furthermore, Grand Review Research valued the US daycare industry at $54.3 billion in 2019. This report also projected an annual combined revenue of $73.8 billion by 2027, with a compound annual growth rate of 3.9% from 2020 to 2027.
Because of these factors, owning a daycare business is one of the top franchised businesses to purchase.
The Advantages of Joining the Ducklings Franchise Team
Considering a career transition? For over 25 years, Ducklings has operated successful child care programs that have expanded throughout the Mid-Atlantic region and beyond. With an emphasis on a consistent curriculum developed by early education experts, Ducklings strives to offer high-quality childcare and education for local communities, providing daily social interaction and hands-on instruction and activities from trained educators.
Ducklings’ vast support network ensures entrepreneurs receive the necessary financial support, training, brand standards, and lesson plans to create a profitable franchise. Our brand is well-established, and the corporate office has a strong grasp of target locations and demographics to make the franchisee’s location successful. Working parents can also maintain a good work-life balance while expanding their career through franchising. For more information on joining our franchise family, call (484) 607-8248 or visit our website today.