March 4, 2020

Franchising is Great in Salt Lake City

Franchising has a long – although somewhat ironic – history in Salt Lake City. In 1952, the very first Kentucky Fried Chicken restaurant opened in the Utah capital. Fifteen-hundred miles away in the Bluegrass State, Col. Harlan Sanders, whose restaurant was then called Sanders Court and Café, had franchised his famous chicken recipe to a friend in Salt Lake City, who opened the first Kentucky Fried Chicken-named restaurant at the corner of 3900 South and State Street.

Col. Sanders was way ahead of his time in spotting the franchise potential in Salt Lake City. The city remains an ideal place for entrepreneurs and is an especially desirable market for opening a Kiddie Academy® Educational Child Care franchise.

“It’s a family-oriented community with a business-friendly environment that attracts people who appreciate the importance of education in a child’s life,” said Broc Silberzahn, Kiddie Academy’s Vice President of Franchise Development. “The city has a vibrant economy that’s drawing a young, highly-educated workforce making it an ideal place to locate a Kiddie Academy franchise.”

Bordered by the Great Salt Lake and the snow-capped peaks of the Wasatch Range, Salt Lake City is home to thriving tech and financial services industries and active job market. An abundance of affordable real estate means the population is growing, attracting young singles and couples to the area.

With more than 100 tech companies located in downtown, along with big-name financial services companies that include Goldman Sachs, JPMorgan Chase and Wells Fargo, Salt Lake City is a destination for a highly educated workforce, which in turn makes the market ripe for the type of high-quality educational child care services that Kiddie Academy provides.

“The Life Essentials and Character Essentials aspects of our proprietary curriculum are exactly the types of things that help Kiddie Academy stand out when they’re looking for the best education choice for their children,” Silberzahn said.

Salt Lake City Skyline

Here are some key things to know about Salt Lake City:

  • Area in Miles – 110.4 city/288.01 metro
  • Population – 200,544 city/1,222,540 metro
  • Median household income – $71,510
  • Children age 0-4 – 13,637

Among the more interesting fun facts about Salt Lake City:

  • It’s home to Loftus Novelty, the nation’s largest manufacturer of rubber chickens
  • It has its own version of the Loch Ness Monster, the North Shore Monster, which supposedly lurks beneath the surface of the Great Salt Lake
  • The city, as well as the state of Utah, boasts one of the youngest populations in the U.S.
  • The nation’s first department store opened in downtown SLC in 1868
  • The city has the highest Jell-O consumption per-capita in the U.S.

It ranks as the second-most hipster friendly in the U.S., based on the number of vegan eateries, coffee shops, tattoo studios, vintage boutiques and record stores per 100,000 city residents

 
 

Sources:

Quick Facts About Salt Lake City – U.S. Census Bureau

25 Things You Should Know About Salt Lake City – Mental Floss

Salt Lake City is Thinking Big to Keep Pace with Growth – Forbes

Child Population in Utah – The Annie E. Casey Foundation Kids Count Data Center

The Hipster Index – Move Hub

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