February 09, 2022 // Franchising.com // Deerfield Beach, Fla. - The Learning Experience, an educational childcare company, ranked among the top franchises in Entrepreneur magazine’s highly competitive Franchise 500®, including No. 4 in the Child Services category.
Entrepreneur's Franchise 500 is the world's first, best and most comprehensive franchise ranking. The 43rd annual Entrepreneur Franchise 500 is a highly sought-after honor in the franchise industry. Recognized as an invaluable resource for potential franchisees, the 2022 Franchise 500 ranks The Learning Experience as No. 68 overall, up from No. 87 in 2021, for its outstanding performance in areas including unit growth, financial strength and stability, and brand power.
"We are honored to be recognized in the prestigious Entrepreneur Franchise 500 ranking for our company's high-performance attributes that have led to our growth to over 300 locations operating nationwide," says Richard Weissman, CEO and Chairman of The Learning Experience. "Our ability to remain stable and continue to expand, especially over the past couple years when so many industries were hit hard, is a glowing testament to our dedicated and talented franchisees and team members systemwide."
Over its 43 years in existence, the Franchise 500 has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees.
"The past year has been one of the most challenging for businesses in recent memory, which made putting together our 43rd annual Franchise 500 list more enlightening than ever," says Entrepreneur Editor in Chief Jason Feifer. "The companies named to this year's list showed us how being resilient, supportive, and nimble can help navigate extraordinary challenges and also underscore the grit and innovation that define entrepreneurship."
In Entrepreneur's continuing effort to best understand and evaluate the ever-changing franchise marketplace, the company's 43-year-old ranking formula continues to evolve as well. The editorial team researches and assesses several factors that go into the evaluation, including costs and fees, size and growth, support, brand strength, and financial strength and stability. Each franchise is given a cumulative score based on an analysis of more than 150 data points, and the 500 franchises with the highest cumulative scores become the Franchise 500 in ranking order.Back to Blog
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