Franchise FAQ

how much does a goddard school franchise make

by Santiago Mante Published 2 years ago Updated 1 year ago
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How Much do Goddard School Franchisees Make? The median Goddard School that was open for over 18 months by the end of 2021 earned $1,699,054 in gross revenue.Aug 3, 2022

Full Answer

How many locations does Goddard School have?

The Goddard School serves more than 70,000 students from six weeks to six years old in more than 560 Goddard Schools in 38 states.

Who is Goddard School named after?

Lois Goddard HainesHistory. The Goddard School was founded in 1983 with an opening date of September 1984 by Lois Goddard Haines in an effort to better the lives of children and their families who required childcare.

Who is the CEO of Goddard School?

Dennis R. Maple (Sep 3, 2019–)Goddard School / CEO

What does Goddard mean?

Goddard is an ancient Norman name that arrived in England after the Norman Conquest of 1066. The name Goddard comes from the Germanic personal name Godhard, which is composed of the elements god, which means good, and hard, which means brave or strong.

When was Goddard School founded?

1988, King of Prussia, PAGoddard School / Founded

What is The Goddard School philosophy?

At The Goddard School, our philosophy is that learning shouldn't be one-size-fits-all. Our F.L. EX. ® framework (Fun Learning Experience) gives teachers the freedom of flexibility in their lesson plans and teaching style.

Is Goddard College good?

Overall Quality. According to College Factual's 2023 analysis, Goddard College is ranked #1,362 out of 2,241 schools in the nation that were analyzed for overall quality. Out of the 11 colleges in Vermont, Goddard College is ranked at #8.

How many states are Goddard schools in?

The Goddard School is an early childhood education provider with more than 400 franchised Schools in 35 states and hundreds of markets, including the Atlanta, Boston, Chicago, Houston, Philadelphia and Portland markets.

How much does Goddard School franchise cost?

The Goddard School has the franchise fee of up to $135,000, with total initial investment range of $619,900 to $760,600.

Where is the Goddard School located?

Goddard Systems, Inc. (GSI) franchises The Goddard School from its headquarters in King of Prussia, Pennsylvania. The Goddard School was founded in 1983 by Lois Goddard Haines in an effort to better the lives of children and their families who required childcare.

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How much does a Goddard School franchise make?

Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs , commercial lease rates and a number of other factors. Unlock this franchise for franchise-specific data and insight.

Are there any Goddard School franchise opportunities near me?

Based on 2020 FDD data, Goddard School has franchise locations in 37 states. The largest region is the South with 194 franchise locations.

How many hours of training does the FDD have?

Yes, they have an initial training program of 138 hours. This includes 138 hours of classroom training. In their FDD they outline who’s in charge of the training. Unlock to find out more.

What does it mean to find the best franchise?

Finding the best franchise means comparing several brands to determine the ideal fit for you.

Is Goddard School a franchise?

Goddard School is a Franchise Grade Made The Grade™ franchise, which means it's ranked highly by our analysts!

What happens after you complete the training for Goddard School?

Once you complete the training, a member of goddard school franchise openings team will help to guide open your Goddard School.

What information does Goddard ask for?

You will receive an email that from your goddard school franchise online application, the team will ask for background information, history, and financial information.

What is franchise for sale?

Franchise for sale provide information regarding the franchise which will help you to choose profitable franchise option.

Where is Goddard School located?

Each GIS is independently owned and operated by Franchise method, These franchises are received training at Goddard School’s corporate office in King Of Prussia, Pennsylvania before starting the school franchise.

Who founded the Goddard School?

The Goddard School franchise was founded in 1983 by Lois Goddard Haines in an effort to better the lives of children and their families who required childcare.

Investment Requirements

Opening a Goddard School or purchasing an existing location involves some substantial investments, depending on location. Between franchise fees, opening costs and post-opening costs, our owners typically invest between $698,300 - $873,600 to open their franchises.

Your Journey Starts Here

Interested in joining the Goddard Family as a franchisee? Request more information to get the process started.

Background

There is almost nothing as important to a child than their education. As young as six weeks old, children are learning by observing the world around them.

Support and Training Offered By The Goddard School

The franchise owner can expect the franchise's Digital Marketing and Communications teams to implement social media, online marketing, and advertising campaigns to drive enrollment at your school. Additionally, the franchise owners will also receive receive operational support from their franchise consultants.

Franchises Similar to The Goddard School

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises.

How long were Goddard schools open in 2016?

2016 average gross sales, payroll, occupancy costs, miscellaneous expenses, total expenses, and EBITDA for the 423 Goddard Schools that had been open and operating for over 18 months as of December 31, 2016

How many Goddard schools are there?

5. The Goddard School currently has over 460 schools open around the country and will hit its 500th location milestone sometime in 2018. The brand said that it awarded more franchise license agreements to existing franchisees in 2016 than it did in 2015 and 2014 combined.

What is the third report?

The third report is a Statement of Average EBITDA for the first 12 months of operation for Schools opened in 2015 and following them for their first 12 full months of operations in 2015 and/or 2016, depending on what month the School opened.

Who is the director of the Goddard School?

1. In early February, The Goddard School hired seasoned real estate professional Amy Williams as the system’s new Director of Real Estate. Williams comes to the company with an extensive background in real estate management with more than 15 years of experience in a variety of industries, including franchising, outdoor advertising, commercial real estate, and retail. Prior to joining The Goddard School, Williams was the real estate manager at Outfront Media, an outdoor media company formerly known as CBS Outdoor.

When is Root for Earth?

7. From April 17 to April 21, The Goddard School held its seventh annual Root for Earth campaign, which engages preschoolers in a variety of eco-friendly and hands-on projects. All of the schools in the franchise system participated in the event and showed the kids how to build robots from recycled materials, plant gardens, and offered other activities inspired by STEAM (science, technology, engineering, art, and math).

Is Goddard School opening in Arkansas?

In the press release, The Goddard School said that throughout 2017 it will be opening new schools in new markets across the country, including its first school in Arkansas. It will also be opening more schools in major metro areas that will accommodate Millennial parents living and working in their respective state’s city centers.

Who is Goddard Systems?

Goddard Systems, Inc. (GSI), franchisor of The Goddard School and the acknowledged leader in the childcare franchise segment, is awarding franchises to qualified applicants who want to go into business for themselves, not by themselves.

Can you own a franchise if you are absent?

Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

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