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Franchise Picks
Goddard School
 

The Goddard School, franchised by Goddard Systems, Inc. (GSI), is recognized as the "#1 Franchise Preschool Chain in the U.S." (Entrepreneur, 01/08) and is ranked in the "Top 200 Franchises," (Franchise Times, 10/07). GSI has 290+ schools licensed in 37 states, and is expanding the network throughout the United States and Canada. GSI has achieved its initial goal as the acknowledged leader in franchised childcare and now has its sights on the next level - recognition as the premier childcare provider.

Franchisor Background

Year Established:

  1988

Franchising Since:

  1988

Operating Units:

Franchised Units:357 100%  
Company-Owned Units:0 0%  
 ______ _____  
Total Operating Units:357 100%  
 

Geographic Distribution:

U.S.:300 100% In 37 States
Canada:0 0% In 0 Canadian Provinces
International:0 0% In 0 Foreign Countries
 ______ _____  
Total:300 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. New Jersey57
2. Ohio41
3. Pennsylvania34

Registered in Following Registration States:

   California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia, Alberta

Financial Requirements

Investment:

Minimum Net Worth:$600K
Cash Investment:$130K
Total Investment:$550K
Average Total Investment:$550K
 

Fees:

Initial Franchise Fee:$135K
Average Franchise Fee:$0K
On-Going Royalty:7%
Average Royalty:0%
Advertising Fee:4% or $2,000

Average Number of Employees:

   15+ Full-time, 10+ Part-time

Space Needs (in square footage):

  

Preferred Sites:

  

Other Sites:

  

Encourage Conversions?

   Not Applicable

Earnings Claims Provided?

   Yes

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:Yes
Canadian Franchise Association:Yes
Franchisee Association/Member:No
Size of Corporate Staff:105
Site Selection Assistance?Yes
Lease Negotiation Assistance?Yes
Financial Assistance?No
 

Marketing Support:

Co-Op Advertising:No
National Advertising:No
Regional Advertising:No
Local Advertising:No
Marketing Materials:Brochures, Direct Mailers, Emails, Promotional Items
Additional Services:Grand Opening, In-house Marketing, Marketing Research, Newsletter, Online Extranet, Press Releases
Other Marketing Support:None Specified
 

On-Going Support:

Central Data Processing:Included in Fees
Central Purchasing:Not Applicable
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Included in Fees
Franchisee Newsletter:Included in Fees
Regional or National Meetings:Included in Fees
800 Telephone Hotline:Included in Fees
 

Training:

1. King of Prussa, PA3 Weeks
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:5
General Business Experience:4
Specific Industry Experience:2
Formal Education:3
Psychological Profile:1
Personal Interview(s):5

Minority Representation

Units Owned by Minorities:

African-American:N/A
Asian-American:N/A
Hispanic:N/A
Native American:N/A
Other:N/A
Specific Minority:N/A

Terms of Contract

Term of Initial Contract:15 Year(s)
Term of Renewal Period:5 Year(s)
Passive Ownership:Not Allowed
Area Development Agreements?No
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?No

Expansion Plans

Projected New Units Over Next 12 months:

   50
U.S.:Yes, All United States
Canada:Yes, All Canada
Overseas:No
 
 
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