Best in Class Enters 2017 with Record Growth Numbers; Large Development Pipeline

Exceeding expectations is nothing new for Best in Class Education Center, an unmatched education enrichment franchise with programs focusing on math and English. Which is why, as 2016 comes to a close, the brand has a lot to celebrate. With the opening of 12 new centers, Best in Class has reached—and surpassed—it’s 40th location mark. Now, with 18 additional signed franchise agreements in the works, the brand is building off of that momentum as it transitions into 2017.

“We saw tremendous growth in 2016—and we have no reason to believe that things will slow down. This is a very exciting time for our brand,” said Hao Lam, Best in Class’ founder and CEO. “We continue to bring new centers to our established territories, like the state of Texas, while also growing in new markets throughout the country. While our franchise concept is still young, the interest and buzz surrounding our brand has been picking up speed at a rapid rate. Right now, we believe our growth potential is nearly limitless.”

Best in Class Education’s success in 2016 isn’t limited to its strong development. The brand also welcomed new types of business owners to its fast-growing system. An E-2 Visa candidate, who is granted a U.S. non-immigrant visa to invest in a business and enter the U.S. for managing the day to day operation of that business, joined the Best in Class family for the first time.

This year, the brand also saw its 10th franchisee capitalize on its teacher incentive program. For current and former educators, the program reduces the brand’s initial franchise fee by $3000 for each of the first three centers opened and waives royalty fees for the first three months a center is open. The program was created to reward those that share Best in Class’ values of changing the world by helping one student at a time.

“It’s good to know that there’s a company that appreciates teachers and understands them. To find a place like Best in Class that genuinely cares about their teachers and their franchisees is incredibly rare. They realize that it’s just as important to mentor the teachers as it is to mentor the students,” said Veronica Reyna, a Best in Class franchisee in Cypress, Texas who was the 10th franchisee to take advantage of the Teacher Incentive Program since its creation in 2014. “But most importantly, this program gave me a chance to continue doing what I love—which is teaching. Being an educator is my passion—it’s in my blood. And Best in Class has made it clear that they genuinely appreciate that.”

This kind of dedication to its franchisees has ultimately helped fuel Best in Class’ notable development efforts over the past year. More than 70 percent of all Best in Class Centers are owned by multi-unit operators. This means franchisees are already seeing so much success with the brand, that they’re choosing to reinvest in multiple opportunities. In fact, two major multi-unit deals came through this year--one franchisee who bought multiple units in Dallas and another franchisee who purchased multiple units in Los Angeles. It’s through the commitment of these multi-unit franchisees that Best in Class is entering the new year on a high note—and with a large development pipeline.

“Our projected growth numbers in 2017 will help us impact the lives of even more families throughout the country,” Lam said. “With the backing of our committed multi-unit owners, a strong infrastructure, and the best team in place, 2017 could very well be the best year yet for Best in Class.”