#94
At a Glance
Products & Services: Preschool/educational childcare
Number of Locations: 386
Total Investment: $694.5K - 713.5K
Founded: 1986
Began Franchising: 1988
Private Owned
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 operates schools throughout the United States. Each school is a licensed childcare facility with an on-site owner, an Education Director and a staff 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 |
| 2011 | 386 | 0 | 0 | 0 |
| 2010 | 371 | 0 | 0 | 0 |
| 2009 | 357 | 0 | 0 | 0 |
| 2008 | 320 | 0 | 0 | 0 |
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Startup Costs, Ongoing Fees and Financing
Total Investment: $694,500 - $713,500
Franchise Fee: $135,000
Ongoing Royalty Fee: 7%
Term of Franchise Agreement: 15 years, renewable
Franchise Fee: $135,000
Ongoing Royalty Fee: 7%
Term of Franchise Agreement: 15 years, renewable
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).| Financing Type | In-House | Third Party |
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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,
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,
Other marketing support: Full-service in-house ad agency