Children’s Lighthouse is Named To Franchise Times Top 200+ List
Childcare Franchise Ranked #380 In List of Largest United States Franchises
October 17, 2018 // Franchising.com // Fort Worth, Texas - Children’s Lighthouse Franchise Company announced today that it has been named to Franchise Times’ Top 200+ list, which is an exclusive ranking of the 500 largest franchises. Based on the company’s worldwide system sales and number of locations, Children’s Lighthouse has been rated number 380 alongside the largest franchises in the world.
This recognition validates the tremendous growth the company has experienced in the past year. In 2017, the brand generated $55,000,000 in systemwide sales and added several new franchise locations. Children’s Lighthouse now operates 49 locations in communities throughout the United States. Notably, the brand’s 50th location will open by year-end.
“We are humbled to achieve this incredible milestone,” said Michael Brown, president of Children’s Lighthouse. "This ranking is a direct result of our franchisees’ hard work and dedication to succeed. We look forward to continuing this momentum as we grow into new markets and offer continued support to our existing franchisees.”
Using a combination of companies’ voluntary reports and the most recent franchise disclosure documents, the Franchise Times Top 200+ is an annual ranking of the 500 largest franchise systems in the United States by global systemwide sales, based on the previous year's performance. The project is the result of a five-month research and reporting effort each year that results in the most credible and objective franchise ranking available.
To qualify for the ranking, companies must be a legal United States franchise, with its headquarters based in the United States or at least 10 percent of their total units located in the country. Franchisees must also own at least 15 percent of the company’s total units. The 200 franchises with the top global systemwide sales, including total sales for both franchise and company units, receive the highest rankings.
The mission of Children’s Lighthouse is to connect families together with independent owners in an effort to enrich communities through a relationship based on safety and trust. Children’s Lighthouse does this by partnering with parents in developing children with character values and physical wellness in a S.T.R.E.A.M. enriched learning environment. Additionally, franchisees across the network are actively involved with their local communities and regularly give back through volunteering, donations and more.
Launched 23 years ago, Children’s Lighthouse provides entrepreneurs with the opportunity to open world-class learning centers in attractive metropolitan areas. Ownership in a Children’s Lighthouse franchise includes a full suite of support services, including site selection, financing guidance, construction administration and grand opening marketing best practices. Children’s Lighthouse’s initial and ongoing training and support is led by an experienced team of childcare veterans, providing the franchise owner invaluable insight and leadership for the entire life of the franchise.
About Children’s Lighthouse
Established in Ft. Worth, Texas in 1995, Childrens Lighthouse Learning Centers are among the leaders in providing value-based educational childcare. Currently, Children’s Lighthouse has 49 centers in operation and 25 additional franchise locations in the development pipeline. Children’s Lighthouse has been named a “Best Places to Work” by the Dallas and San Antonio Business Journals and has received the “Franchise 500” designation by Entrepreneur magazine due to its stability, financial strength and growth.
For more information about Childrens Lighthouse Learning Centers?, visit www.childrenslighthouse.com.
About The Franchise Times Top 200+
The Franchise Times Top 200+® is the only ranking by systemwide sales and units of the largest 500 U.S.-based franchise brands. Published in the October issue and available in a searchable database online, the Franchise Times Top 200+ also analyzes industry sectors based on percentage change in sales growth, reports the 10 fastest- growing franchises by four different measures, and includes exclusive news stories about the biggest names in franchising. The rankings and full report, and the searchable online database, are available at www.franchisetimes.com.
To learn more about Franchise Times, visit http://www.franchisetimes.com.
SOURCE Children’s Lighthouse