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The New Jersey-based early education child care center earned the No. 325 spot on the franchise publication’s annual list, jumping 81 spots from last year’s ranking.
Esteemed industry publication Franchise Times recently unveiled its anticipated list of the Top 200+ franchise brands of 2020. The list showcases the top brands to buy based on sales figures. The rankings have been released annually over the past 20 years and are deciphered by a team of seven expert researchers who collect its data.
New Jersey-based Lightbridge Academy ranked among the Top 200+ at No. 325. The franchise provides early education and child care to children ages six weeks through kindergarten, and special programming for children up to 10 years-old. Amid the pandemic, Lightbridge expanded its offerings to enroll children through the fifth grade for in-person support while e-learning has been in effect. The brand currently has 119 centers open, under construction or in development throughout Florida, Maryland, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee and Virginia and its global sales are at $98 million. Last year, Lightbridge ranked at No. 406 on the list of 500 franchise brands. As the company continues to see rapid growth, it jumped 81 spots to reach its No. 325 rank this year.
“We’re thrilled to see Lightbridge Academy make significant progress on Franchise Times’ Top 200+ List,” said Lightbridge Academy President and COO, Gigi Schweikert. “As we continue to grow and make our debut in new states, we look forward to outpacing our 325th ranking in 2021.”
To read the full issue and see what other brands were ranked among the top 200+, click here.
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