How much does a Goddard School franchise cost?
- Initial Franchise Fee: $135,000
- Total Investment: $697,100 to $863,600
- Working Capital: $48,300 to $90,600
- Royalty Fee: 7.0%
Full Answer
What is Goddard School?
Is Goddard School a good franchise?
The Goddard School Reviews, Complaints, Customer Service - Revdex.com
The Goddard SchoolDirector, Dublin II, OH - The Goddard School®Good afternoon,I am responding to complaint ID [redacted] by [redacted] states that we terminated her son due to a survey.
Start a The Goddard School Franchise in 2022 - Entrepreneur
A The Goddard School franchise can offer the chance to start your own business and be your own boss in the Children's Businesses industry. Start your search for the perfect franchise today.
Financial Aid Fact Sheet - Goddard College
Financial Aid Fact Sheet Goddard College is a Title IV eligible institution and offers federal and state grants, federal and private loans, and institutional scholarships and grants. For the 2018-2019 award year, 80% of Goddard students received some form of financial aid. 82% of aid applicants took out federal loans and 53% of undergraduate students […]
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 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.
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.
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.
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.
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.
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.
What is a Goddard franchise?
(GSI). Franchisees operate a school offering primarily preschool programs and care for children between 6 weeks and 10 years of age. The programs offered to a child will vary depending upon the age, skills and development of the child. The school will ordinarily be open from 7 a.m. to 6 p.m. five days a week.
How many schools can a franchisor operate?
However, the number of schools operated or licensed by the franchisor will not exceed a maximum of one school for each 10,000 households in the county in which the school is located if franchisees are in compliance with their obligations under the Franchise Agreement.
What are the obligations of a franchisee?
Obligations and Restrictions: The franchisee designated, who the franchisor has approved, to conduct the day-to-day management and operation of the school must devote full time, energy and efforts to the management and supervision of the school to satisfy and honor the obligations under the Franchise Agreement. The designated on-site-operator must also have at least a 10% equity interest in the franchise business. If the franchisee is a married individual, the franchisor will require both the franchisee and spouse to sign the Preliminary Agreement, Franchise Agreement and related agreements as individuals. Franchisees may not offer or sell any products or services that do not meet the franchisor’s standards and specifications or that are not approved by the franchisor. Franchisees may not use the premises for any purpose other than the operation of a school.
How long does franchising training take?
Training Overview: The franchisor will provide franchisees with approximately 10-14 days of intensive virtual and/or live training plus online prerequisite and post-requisite training in the marketing, operation, management and education product of a school. Currently, the first phase is a combination of online prerequisite and post-requisite course work and a four-day in-person session. This training will occur after franchisees have received their building permit, have received both a definite and final address and telephone number for their school, and they have returned all documents and deposits the franchisor requires. The second phase of training, which is currently a combination of online prerequisite and post-requisite course work and a two-week in-person session, will be held approximately eight to 12 weeks before the school receives its Certificate of Occupancy (CO). This phase of training will focus primarily on the business operations and management of the school, as well as provide insight into the education program, the franchisor’s quality assurance program and the role of the director (s). Franchisees must attend, at the franchisor’s request, supplemental and refresher training programs, sales meetings, operations meetings, advertising meetings and conventions which may be offered periodically at various locations or via Intranet, webinar or other form of electronic communication, determined by the franchisor during the term of the franchise.
When does a franchisor pay the vendors?
The franchisor will pay the vendors on the franchisee’s behalf after the vendors issue their invoice and the franchisee will pay the franchisor when the opening invoice is received . The franchisor and its affiliates do not guarantee any of the franchisee’s financing, lease or any other obligations.
How long is the franchise agreement?
Term of Agreement and Renewal: The length of the initial franchise term is 15 years. A five-year renewal term is available, if the franchisee meets certain requirements.
Can a franchisee sell products that do not meet the franchisor's standards and specifications?
Franchisees may not offer or sell any products or services that do not meet the franchisor’s standards and specifications or that are not approved by the franchisor. Franchisees may not use the premises for any purpose other than the operation of a school.
What is Goddard School?
The Goddard School is one of the largest childcare chains in the United States.
What to do if Goddard School doesn't supply food?
If your local Goddard school doesn’t supply food, you’ll need to allocate time to make a packed lunch each day.
What is Goddard?
The Goddard School is a childcare franchise that has over 550 schools across 38 states.
How to get answers to questions about Goddard?
As each Goddard school can be quite different in terms of its policies and procedures, the best way to get answers to any questions that you have is to take a tour of your local school.
Does Goddard School offer full time?
The Goddard School offers full-time tuition as well as part-time tuition on fewer days each week.
Is Goddard School independently owned?
When reading negative reviews, it’s important to remember that each Goddard school is independently owned, so any issues at a particular school won’t necessarily be present in the others.
Does Goddard School have an app?
Parents love both the app that The Goddard School has and how much effort the teachers put into taking photos of their children to send throughout the day.
What is Goddard School?
The Goddard School core curriculum emphasizes early childhood development and incorporates enrichment programs in math, foreign language, art history, sign language, world cultures, music appreciation, fitness, dance and manners. Our unique approach nurtures children into joyful, confident learners who are well-prepared for success in school and in life. Your School will also help them make a positive impact on your community.
Is Goddard School a good franchise?
Now is an excellent time to invest in a Goddard School franchise. With more than 400 locations nationwide, The Goddard School is a respected brand that has been ranked the #1 Childcare Franchise in the United States by Entrepreneur magazine every year since 2002. Contact us today to get started.
Section I – The Goddard School Franchise Costs
Section III – Number of Franchised and Company-Owned The Goddard School Outlets
- Franchised
2019 1. Outlets at the Start of the Year: 489 2. Outlets at the End of the Year: 519 3. Net Change: +30 2020 1. Outlets at the Start of the Year: 519 2. Outlets at the End of the Year: 553 3. Net Change: +34 2021 1. Outlets at the Start of the Year: 553 2. Outlets at the End of the Year: 579 3… - Company-Owned
2019 1. Outlets at the Start of the Year: 0 2. Outlets at the End of the Year: 0 3. Net Change: 0 2020 1. Outlets at the Start of the Year: 0 2. Outlets at the End of the Year: 0 3. Net Change: 0 2021 1. Outlets at the Start of the Year: 0 2. Outlets at the End of the Year: 0 3. Net Change: 0
Section IV – Background Information on The Goddard School Franchise
- 19 Things You Need to Know About The Goddard School Franchise
Builds Targeted Curriculum Around Great Works of Children’s Literature Focusing on Social-Emotional Development 1. In late July 2021, The Goddard School introduced a targeted curriculum built around great works of children’s literature focusing on social-emotional develop…
Section V – Financial Performance Representations
- The following is a report of mature The Goddard Schools (open over 18 months as of December 31, 2021) (“Mature Schools”), identifying the actual gross revenue, payroll, occupancy (representing rent...