Best Education Franchises to Buy in 2024

The pandemic caused children to miss out on a great deal of classroom time. Ever since, families have been seeking supplemental education for young learners to increase their achievement and encourage a love of learning. 

In 2021, for example, there was 116% increase in math intervention. Franchises offering math and other core subjects have seen a similar influx of students in after-school tutoring, early education and educational entertainment concepts. This makes franchising in the education industry more tempting than ever in 2024. For entrepreneurs interested in making the most of these industry trends, these 10 education franchises are ones to consider.

Sylvan Learning*

Unit Count: 710+

Initial Investment: $85,525 to $186,930

Sylvan Learning provides students in grades K-12 with personalized learning opportunities. The supplemental education brand offers support in a variety of academic disciplines and college prep courses for older students.

IDEA Lab Kids

• Unit Count: 20 +
• Initial Investment: $163,000 to $465,000

IDEA Lab Kids is an after-school program focused on offering kids opportunities to engage in hands-on science, technology, engineering, art and math (STEAM) activities, such as robotics. Franchisees enjoy diversified revenue streams through after-school classes, workshops, birthday parties and summer camps.

CLUB Z!

• Unit Count: 350 +
• Initial Investment: $33,800 to $52,750

Club Z! offers in-home tutoring services and test preparation guidance. Franchisees offer students one-on-one tutoring services, including prep for standardized tests such as the ACT or SAT. Franchise owners also have the option of offering online instruction and homework help. 

The Goddard School

• Unit Count: 600
• Initial Investment: $879,950 to $1,229,950

The Goddard School provides an educational, early-learning approach to day care. The brand believes that educational instruction during early childhood development has a major, positive impact on the future of children and our society. The brand offers a preschool program to children ranging from 6 weeks to 6 years old. 

KLA Schools

• Unit Count: 26
• Initial Investment: $1,121,000 to $5,804,750

KLA Schools is a child care and preschool provider that places emphasis on STEAM subjects while providing children with a multi-sensory, hands-on curriculum to make education enjoyable and engaging.

Kumon

• Unit Count: 1,500 +
• Initial Investment: $67,428 to $145,640

Kumon’s goal is to assist students from ages 3 to 18 in building self-learning skills so they can become independent learners. Students are encouraged to work at their own pace. The brand offers franchisees a lower initial investment than many other education franchise concepts.

Mathnasium*

• Unit Count: 1,100
• Initial Investment: $112,860 to $149,155

Mathnasium is a math education franchise with a focus on individualized instruction to help kids improve their confidence and math abilities. The brand boasts many former teachers and expert mathematicians as franchisees.

Primrose Schools

• Unit Count: 465
• Initial Investment: $637,900 to $6,375,500

Primrose Schools offers early learning with a focus on purposeful play and nurturing guidance to make sure children are prepared for school while developing life skills and character.

Children’s Lighthouse Learning Centers

• Unit Count: 95+
• Initial Investment: $5,072,545 to $6,388,445

Children’s Lighthouse Learning Centers provide opportunities for development in group learning, self-regulation and inquiry-based investigation for early learners. The brand’s focus is on four key areas: confidence, connection, continuous improvement and curriculum. 

These franchise concepts are primed for growth in the coming year, but it’s important to make your selection based on your interests. This will keep you motivated to grow your business. 

Which concept are you most interested in: early education, supplemental intervention or improving engagement in core subjects?