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Goddard Systems Inc.

2014 Franchise 500
#113
At a Glance

Products & Services: Preschool/educational child care

Number of Locations: 410

Total Investment: $704.7K - $880.2K

Founded: 1986

Began Franchising: 1988

About Goddard Systems Inc.

The Goddard School offers year-round programs for children from six weeks to six years old including after-school enrichment and summer programs.

Goddard Systems, Inc. (GSI) is the franchisor of The Goddard School. Headquartered in King of Prussia, Pennsylvania, GSI currently has franchises throughout the United States. Each school is a licensed childcare facility with an on-site owner, an Education Director and a faculty trained in Early Childhood Education or Childhood Development. GSI provides continuing education for all teachers as well as a corporate Quality Assurance program.

Franchise Units

Year U.S. Canadian International Company Owned
2014 410 0 0 0
2013 400 0 0 0
2012 388 0 0 0
2011 386 0 0 0
2010 371 0 0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $704,700 - $880,200
Franchise Fee: $135,000
Ongoing Royalty Fee: 7%
Term of Franchise Agreement: 15 years, renewable
Veteran Incentives: $20,000 off franchise fee
Financial Requirements
Net Worth: $650,000
Liquid Cash Available: $150,000
Operations
20% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 25. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 2 days; 2 weeks. At franchisee's location: Ongoing. IACET training for teachers & directors
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Lease Negotiation
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,
Other marketing support: Full-service in-house ad agency

Franchise Ranking History

Franchise 500®: #113 (2014), #93 (2013), #94 (2012), #87 (2011), #121 (2010),
Fastest-Growing: #80 (2011), #57 (2010),

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