Full Answer
Is Goddard School profitable?
Five years with a highly profitable business makes the Goddard School a great investment opportunity.
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?
History. 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 owns Goddard?
NEW YORK, June 30, 2022 /PRNewswire/ -- Sycamore Partners, a private equity firm specializing in retail, consumer, and distribution-related investments, today announced that it has acquired Goddard Systems, franchisor of The Goddard School, from an affiliate of Wind River Holdings, L.P., a privately owned investment ...
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.
Is Goddard play based?
The Goddard School Offers a Play-based Curriculum.
When was Goddard School founded?
1988, King of Prussia, PAGoddard School / Founded
Why is the Goddard School logo a horse?
The Goddard School was founded in 1983 by Louis Goddard Haines. His wife, Ms. Haines, had an original carousel horse installed in the entrance hall of that first school... because as the story goes, her grandchildren LOVED carousel horses.
When was Goddard School founded?
1988, King of Prussia, PAGoddard School / Founded
Is Goddard play based?
The Goddard School Offers a Play-based Curriculum.
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.
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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.
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.
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.
Are You the Right Fit?
The path to owning and operating a Goddard School can be inspiring, fulfilling and financially rewarding. If you have what it takes , the journey begins here.
What is Goddard School?
The Goddard School is a proven business system that delivers outstanding early childhood development results for the families we serve. Goddard’s skilled and experienced management team, systems and support help franchisees get into business for themselves, but not by themselves.
What is Goddard's leadership team?
Goddard’s leadership team is comprised of accomplished business, education and franchising professionals that are committed to the success of every School, as well as maintaining our family-oriented system culture.
Does Goddard provide onboarding?
Goddard onboarding training and support provides everything you need for lasting success, including online courses, field visits and in-person training at our corporate headquarters.
Is Goddard School a franchise?
The Goddard School is consistently ranked as a top franchise brand in world-renowned publications and awards lists.
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 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 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 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 franchisor operate a school?
Territory Granted: Franchisees may operate the school only at the location the franchisor has approved. The franchisor does not restrict the area into which franchisees may go to solicit business or the customers whom they may solicit. Franchisees will not receive an exclusive territory. Franchisees may face competition from other franchisees, from outlets that owned by the franchisor, or from other channels of distribution or competitive brands that the franchisor controls. 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.
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)
