Kiddie Academy Named a Fastest Growing Franchise for 2016
Kiddie Academy is based in Maryland and has almost 150 academies located in 24 states. Approximately 60 additional academies are currently in development, with approximately 30 new locations slated to open in 2016 nationwide. To support its expanding franchise business, Kiddie Academy increased it’s corporate support team by 45 percent over the last five years.
That growth earned Kiddie Academy the fifth spot on the Franchise Gator’s third annual Top 100 list ranking franchise systems currently expanding and considered to be the best buys for individuals looking to purchase a franchise.
In addition, Kiddie Academy was identified as a “Fastest Growing Franchise” among 50 others. The online franchise directory developed the rankings as a way for prospective franchisees to identify opportunities with strong growth potential that are also affordable investments for the average franchise buyer.
“We plan to grow from 147 to 175 Kiddie Academy locations this year, and that stellar growth positions us as a fastest growing franchise for 2016,” said Kiddie Academy President Greg Helwig. “It’s great to be a Top 100 franchise, but it’s even better to be one of the top five.”
The Franchise Gator Fastest Growing list spotlights brands that are experiencing rapid expansion coming into the New Year. “We identified 50 franchises this year for our Fastest Growing category,” said Eric Bell, General Manager of Franchise Gator. “The list is developed based on the number of opening and operating units a franchise has had over the past several months in addition to their track record for building a solid customer base and gaining the trust of investors.”
“Almost 20 percent of our growth was with our existing franchisees, a real statement about the strength of the industry and how excited our franchisees are about their businesses,” said Helwig. “We’re excited about our year-over-year growth. It’s a good time to be an entrepreneur and it’s smart to invest in a business that offers the work-life harmony many are seeking in the 21st Century.”