A recent article shines a light on how education franchises are choosing real estate.
Citing the fact that approximately 2.4 billion more people will move into urban areas around the world by 2050, Franchise Times recently spotlighted why education brands are looking to get real estate in densely populated areas within larger cities.
In order to help franchisees succeed in this regard, early education franchise Rainbow Station has introduced new, smaller school models that can help cut down on real estate costs.
While the traditional schools typically cost between $5 and $6 million to build, the new models can be built for between $3 and $3.5 million, according to Gail Johnson, president and CEO of Rainbow Station.
Read the full story here.