1851

LAST UPDATED: June 2024FRANCHISE WEBSITE:&nbsp;<a href="https://goddardschoolfranchise.com/franchise-cost.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-the-goddard-school-franchise-costs-fees-profit-and-data-2721553" target="_blank" rel="nofollow">https://goddardschoolfranchise.com/franchise-cost.html</a>NUMBER OF LOCATIONS:&nbsp;612REPORTED COST TO GET IN:&nbsp;$818,300 to $1,090,100REPORTED ROI (Item 19):&nbsp;$1,798,771 (Average Annual Gross Revenue in 2021)<a href="https://goddardschoolfranchise.com/franchise-cost.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-the-goddard-school-franchise-costs-fees-profit-and-data-2721553" target="_blank" rel="nofollow">The Goddard School</a> is a leading franchise in the early childhood education industry. The school's philosophy is based on the belief that children learn best through play, and that they should be provided with a nurturing and stimulating environment in which to grow and develop.<h4>How Many The Goddard School Locations Are There?</h4>The Goddard School was founded in 1983 by&nbsp;<a href="https://www.entrepreneur.com/franchises/goddardschoolthe/282378?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-the-goddard-school-franchise-costs-fees-profit-and-data-2721553" target="_blank" rel="nofollow">Lois Goddard Haines</a> in Malvern, Pennsylvania. Haines opened an early childhood education center to enrich the lives of children and their families, who required childcare. She developed a program that incorporated a variety of teaching methods and progressive ideologies from all areas of child psychology and neurology to create a warm, yet individualized experience to meet each child’s needs.&nbsp;Over the next few years, Haines successfully ran The Goddard School. In 1988, she sold the company to&nbsp;<a href="https://books.google.com/books?id=dwf1YYxQmRsC&amp%3Bpg=PA236&utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-the-goddard-school-franchise-costs-fees-profit-and-data-2721553#v=onepage&amp;q&amp;f=false" target="_blank" rel="nofollow">Anthony A. Martino</a>, founder of the AAMCO Transmissions and MAACO Auto Painting and Bodyworks franchises. Martino established a franchising system under the name Carousel Systems, Inc. This name, as well as Goddard School’s logo, is based on the carousel horse that Haines installed at the entrance of the original school.The Goddard School continued to expand around the United States. By the end of the 1990s, the company grew to 100 locations. In 2002, the Goddard School was sold to Wind River Holdings, LP.Twenty years later, The Goddard School was sold to Sycamore Partners, a private equity firm. The Goddard School now has over 600 locations in 35 states, and it continues to be a leader in the early childhood education industry, recently ranked&nbsp;<a href="https://www.entrepreneur.com/franchises/goddardschoolthe/282378?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-the-goddard-school-franchise-costs-fees-profit-and-data-2721553" target="_blank" rel="nofollow">No. 60</a> on the 2023 Franchise 500 Rank by Entrepreneur.&nbsp;<h4>What Is The Goddard School Business Model?</h4>As a franchisee, you don't need a childcare or education background and won't necessarily have to teach. Each school is licensed as a childcare facility, and staff members are trained in early childhood education and development. However, you will have to be on-site to fulfill administrative roles. An education director will focus on the children, The Goddard School pricing and curriculum.&nbsp;The Goddard School also offers a flexible business model that allows for different ownership options, such as single-unit ownership, multi-unit ownership and area developer agreements. This allows individuals with different levels of experience and resources to become franchisees.<h4>How Much Can The Goddard Schools Franchise Owners Make?</h4>According to Item 19 of the brand’s Franchise Disclosure Document (FDD), the following is a report of 532 mature The Goddard Schools. Open over 18 months as of December 31, 2021 and referred to as “Mature Schools,” the below stats include the actual gross revenue, payroll, occupancy (representing rent plus property tax expense) and miscellaneous operating expenses prepared on a cash basis.<ul><li>Gross Revenue: $1,798,771 (100.0%)</li><li>Payroll: $680,493 (37.8%)</li><li>Occupancy: $267,854 (14.9%)</li><li>Miscellaneous Items: $476,582 (26.5%)</li><li>Total Expenses: $1,424,929 (79.2%)</li><li>Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA): $373,842 (20.8%)</li><li>2021 Median Gross Revenue: $1,669,054</li><li>2021 Highest Gross Revenue: $6,257,269</li><li>2021 Lowest Gross Revenue: $213,171</li></ul><h4>How Much Does It Cost To Open The Goddard School?</h4>According to Item 7 of the company’s 2022 FDD, if you lease the school and the landlord constructs the improvements, the total investment required to open The Goddard School ranges from $818,300 to $1,090,100.<ul><li>Initial License Fee: $135,000</li><li>Initial Training and Assistance Fee; Satellite Location Assistance Fee: $35,000</li><li>Initial Marketing Fee: $50,000 to $71,500</li><li>Site Development Assistance Fee: $35,000</li><li>Background Check (estimate is for up to four individuals): $3,000 to $5,500</li><li>Convention Deposit: $1,000</li><li>Lease Deposit: $19,000 to $100,000</li><li>Three Months’ Rent: $55,000 to $85,000</li><li>Furniture, Fixtures and Equipment: $282,000 to $340,000</li><li>Marketing Materials, Stationery, Forms and Curricular Resources: $19,000 to $31,500</li><li>Signs: $12,000</li><li>Computer System, IT Security, Network Equipment/Wireless Access Point Devices, Telephone System, Interactive Flat Panel, and Digital Signage Package: $26,000 to $35,000</li><li>Security System: $12,000</li><li>Miscellaneous Opening Costs: $85,000 to $100,000</li><li>Accreditation: $1,000</li><li>Additional Funds—3 Months: $48,300 to $90,600</li></ul><h4>What Is the Franchise Fee for The Goddard School?</h4>The initial franchise fee for The Goddard School, based on Items 5 and 6 of the company’s 2022 FDD, is $135,000.<ul><li>Royalty Fee: 7% Gross Receipts</li><li>Marketing Fund/Marketing Fee: 4% of Gross Receipts, Including the Gross Receipts Derived From Any Satellite Location or Annex, per Month</li></ul><h4>Who Is the Leadership of The Goddard School?</h4><ul><li><a href="https://www.linkedin.com/in/dennis-r-maple-2118472?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-the-goddard-school-franchise-costs-fees-profit-and-data-2721553" target="_blank" rel="nofollow">Dennis R. Maple</a>—Chairman, President and Chief Executive Officer (CEO)</li><li><a href="https://www.linkedin.com/posts/the-goddard-school_meet-jacqueline-burls-activity-6966077353588334592-8-5O?trk=public_profile_like_view&utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-the-goddard-school-franchise-costs-fees-profit-and-data-2721553" target="_blank" rel="nofollow">Jacqueline Burls</a>—Senior Vice President (SVP), Chief School Support Services Officer</li><li><a href="https://www.linkedin.com/in/timothy-dwyer-3828934?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-the-goddard-school-franchise-costs-fees-profit-and-data-2721553" target="_blank" rel="nofollow">Tim Dwyer</a>—SVP, Chief Financial Officer, Treasurer and Secretary</li><li><a href="https://www.linkedin.com/in/cchristina-estrada?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-the-goddard-school-franchise-costs-fees-profit-and-data-2721553" target="_blank" rel="nofollow">Christina Estrada</a>—SVP, Chief Human Resources and Learning Officer</li><li><a href="https://www.linkedin.com/in/marcelnahm?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-the-goddard-school-franchise-costs-fees-profit-and-data-2721553" target="_blank" rel="nofollow">Marcel Nahm</a>—SVP, Chief Marketing Officer?</li><li><a href="https://www.linkedin.com/in/cynthia-turner-1193077?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-the-goddard-school-franchise-costs-fees-profit-and-data-2721553" target="_blank" rel="nofollow">Cynthia Turner</a>—SVP, Chief Legal Officer</li><li><a href="https://www.linkedin.com/in/dr-lauren-starnes-b7ba8a91?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-the-goddard-school-franchise-costs-fees-profit-and-data-2721553" target="_blank" rel="nofollow">Dr. Lauren Starnes</a>—SVP, Chief Academic Officer</li></ul><h4>What Helpful Articles Can I Read to Learn More About The Goddard School?</h4><ul><li><a href="https://goddardschoolfranchise.com/franchise-cost.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-the-goddard-school-franchise-costs-fees-profit-and-data-2721553" target="_blank" rel="nofollow">Preschool Childcare Daycare Franchise | Goddard School</a></li><li><a href="https://www.galvnews.com/news_ap/business/the-goddard-school-recognized-as-strong-franchising-opportunity-by-industry-leading-publications/article_1f8c94fd-155a-5a12-aced-5b77672b7dac.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-the-goddard-school-franchise-costs-fees-profit-and-data-2721553" target="_blank" rel="nofollow">The Goddard School Recognized As Strong Franchising Opportunity by Industry-Leading Publications</a></li><li><a href="https://www.businesswire.com/news/home/20221110005011/en/The-Goddard-School-Continues-to-Expand-Opens-600th-Location?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-the-goddard-school-franchise-costs-fees-profit-and-data-2721553" target="_blank" rel="nofollow">The Goddard School Continues to Expand, Opens 600th Location</a></li></ul>Disclaimer: This content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained on this site constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction. All content in this article is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the article constitutes professional and/or financial advice, nor does any information in the email constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content in this article before making any decisions based on such information or other content.

Franchise Deep Dive: The Goddard School Franchise Costs, Fees, Profit and Data

1851 Franchise

The early childhood education franchise requires a significantly higher investment cost than many competitors. Is it worth it?


franchise-deep-dive-the-goddard-school-franchise-costs-fees-profit-and-data

Benjamin Franklin Plumbing

image of a benjamin franklin plumber employee franchise

Top 5 Reasons To Invest in Benjamin Franklin Plumbing Right Now

benjamin-franklin-plumbing-franchise-5-reasons-to-buy

Mister Sparky Electric

image of mister sparky cars franchise authority brands

Wired for Success: 5 Powerful Reasons To Invest in a Mister Sparky Franchise Now

mister-sparky-franchise-5-reasons-to-invest

image of Mister sparky electric employee working with customer

On-Time, Every Time: How Mister Sparky Delivers the Electrical Service Homeowners Can Count On

mister-sparky-electric-service-franchise

image of mister sparky electric on time elctricians from franchise mister sparky

The Electrician You Can Count On: How Mister Sparky Delivers Power, Punctuality and Profitability

mister-sparky-franchise-power-punctuality-profitiability

image of a benjamin franklin plumber employee helping a customer

The Punctual Plumber That Wins: How Benjamin Franklin Plumbing Redefines Home-Service Reliability

benjamin-franklin-plumbing-home-service-reliability

Buying a Franchise Masterclass

 Franchise Opportunities

Get Support Buying a Franchise

How to Buy a Franchise White Paper

How to Buy a Franchise

How to Sell Franchises

How to Grow a Franchise

Find a Franchise Supplier

1851 Franchise Opportunities

Franchisor News

Franchisor Power Rankings

FranCamp Mastermind Summit

Franchise Development Website Builder

Franchise Resources

What ALEC-Laffer's Report Means for Franchising

Website Awards

Power Rankings

About 1851

Advertise on 1851

Contact 1851 Editorial

Terms of Use

1851 Login

GROWTH CLUB LOGIN

facebook

instagram

twitter

linkedin

youtube

Planet Fitness Franchisees Donate $100K to Support Texas Flood Relief - 1851 Franchise

Planet Fitness Franchisees Donate $100K To Support Texas Flood Relief

planet-fitness-texas-flood-relief

McDonald’s Is the Latest Franchise To Bet Big on Beverages with 500-Store Premium Drink Test

mcdonalds-is-the-latest-franchise-to-bet-big-on-beverages-with-500-store-premium-drink-test

Friendly’s Parent Company Acquired by Multi-Unit Franchisee as More Owners Take the Lead in Brand Acquisitions 

friendlys-parent-company-acquired-by-multi-unit-franchisee-as-more-owners-take-the-lead-in-brand-acquisitions

Subway - John Fitzpatrick Named CEO - Breaking News - 1851 Franchise

Subway Names Jonathan Fitzpatrick as New CEO, Effective July 28

jonathan-fitzpatrick-subway-ceo-leadership-change

AI Is Reshaping Franchising: $100 Billion Valuations and Hyper-Localized Advertising

ai-is-reshaping-franchising-100-billion-valuations-and-hyper-localized-advertising

911 Restoration Franchise Costs, Fees, Profit and Data for 2025

911-restoration-franchise-deep-dive

How Food Franchises Are Innovating To Win Over Health-Conscious Consumers

food-franchises-winning-over-health-conscious-consumers

Home Halo Franchise Costs, Fees, Profit and Data for 2025

home-halo-franchise-costs-fees-profit-and-data-for-2025

Franchise Deep Dive graphic with i9 Sports logo

i9 Sports Franchise Costs, Fees, Profit and Data for 2025

i9-sports-franchise-cost-fees-profit

Hooters Leans Into Franchising With Closure of 30 Company-Owned Stores - Agg - 1851 Franchise

Hooters Leans Into Franchising With Closure of 30 Company-Owned Stores

hooters-franchise-model-company-owned-closures

Hely and Hiral Patel Bring Their Longtime Dream to Life With The Brass Tap

brass-tap-franchise-pasadena-maryland-hely-hiral-patel

DevHub - Meet the Supplier - 1851 Franchise

DevHub: Scalable Digital Marketing for Franchises and Multi-Location Brands

devhub-meet-the-supplier

1851 Keyword - The Secret To Succeeding With a Part-Time Franchise Is Picking the Right Model

The Secret To Succeeding With a Part-Time Franchise Is Picking the Right Model

part-time-franchises-picking-the-right-model

Navy Veteran and Professional Artist Couple Open Caring Transitions in Texas

Navy Veteran and Professional Artist Couple Set Out to Build a Purpose-Driven Business With Caring Transitions in Texas

navy-veteran-and-professional-artist-couple-set-out-to-build-a-purpose-driven-business-with-caring-transitions-in-texas

Why This Real Estate Broker Decided To Bring Caring Transitions to Central Texas

Franchise Deep Dive: The Goddard School Franchise Costs, Fees, Profit and Data

MORE STORIES LIKE THIS