Goddard School
1016 Ninth Ave.
King of Prussia, PA 19406
-
(800) 272-4901
/
(610) 265-7128
- (610) 265-7194 (Fax)
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 |
388 |
100.0% |
Company-Owned Units |
0 |
0.0% |
Total Operating Units |
388 |
100% |
Geographic Distribution
USA |
280 |
100.0% |
In 37 States
|
Canada |
0 |
0.0% |
In 0 Provinces
|
International |
0 |
0.0% |
In 0 Foreign Countries
|
Total |
280 |
100% |
|
Multi-Unit Operators
Multi-Unit Operators |
N/A |
Franchises Owned by Multi-Unit Operators |
N/A |
North American Unit Density
Density |
Units |
New Jersey |
57 |
Ohio |
41 |
Pennsylvania |
34 |
Registered in the 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
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Support and Training
General Information
IFA Member |
Yes |
CFA Member |
No |
Franchisee Association? |
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
|
Ongoing Support
Central Data Processing |
Included |
Central Purchasing |
N/A |
Field Operation Evaluation |
Included |
Field Training |
Included |
Initial Store Opening |
Included |
Inventory Control |
Included |
Franchisee Newsletter |
Included |
Regional or National Meetings |
Included |
800 Telephone Hotline |
Included |
Training
King of Prussa, PA |
3 Weeks |
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Financial Requirements
Investment
Minimum Net Worth |
$600K |
Cash Investment |
$150K |
Total Investment |
$694.5-713.5K |
Average Total Investment |
$704K |
Fees
Initial Franchise Fee |
$135K |
Average Franchise Fee |
$0K |
On-Going Royalty |
7% |
Average Royalty |
0% |
Advertising Fee |
4% or $2,000 |
Site Information and Requirements
Average Number of Full-Time Employees |
15+ |
Average Number of Part-Time Employees |
10+ |
Space Needs (in square feet) |
None
|
Preferred Site Types |
N/A
|
Encourages Conversions |
N/A |
Item 19 (Earnings Claim) Provided? |
Yes |
Listed in the SBA Registry? |
No |
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Franchisee Qualifications
Financial Net Worth |
5 |
General Business Experience |
4 |
Specific Industry Experience |
2 |
Formal Education |
3 |
Psychological Profile |
1 |
Personal Interviews |
5 |
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Terms of Contract
Term of Initial Contract |
15 |
Term of Renewal Period |
5 |
Passive Ownership? |
Allowed |
Area Development Agreements? |
No
|
Sub-Franchisor Contracts? |
No |
Franchisees Allowed to Expand Within Territory? |
No |
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Expansion Plans
Projected New Units Over Next 12 Months |
50 |
USA |
Yes, All United States |
Canada |
Yes, All Canada |
Overseas |
No |
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