1851

<a href="https://www.goddardschoolfranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=how-much-does-it-cost-to-open-a-goddard-school-franchise-2725087" target="_blank" rel="nofollow">The Goddard School</a> is a leading franchise for entrepreneurs looking to go into the early childhood education industry.<figure class="media"><div data-oembed-url="https://www.youtube.com/watch?v=CI4GmM5bm2s"><div class="iframely-embed"><div class="iframely-responsive"><iframe src="//cdn.iframe.ly/api/iframe?app=1&amp;api_key=fd3b6b3731f34f55ba1fe3&amp;url=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3DCI4GmM5bm2s" frameborder="0" allow="autoplay; encrypted-media" allowfullscreen=""></iframe></div></div></div></figure>As a franchisee, you don't need a childcare or education background and won't necessarily have to teach. However, you do need to be able to meet the brand's investment requirements. Here’s what you should know before committing to opening a Goddard School franchise.&nbsp;<h2>Goddard School: Total Investments and Costs</h2>Three kinds of financial investments are required to own and operate a Goddard School, including:&nbsp;Initial Franchise Cost &amp; Support Fees: $263,500 to $288,000The initial costs consist of the franchise fee, training fee, and initial marketing fee, along with additional components like the site development assistance fee and other administrative costs.&nbsp;<ul><li>Initial License Fee: $135,000</li><li>Initial Training and Assistance Fee: $35,000</li><li>Initial Marketing Fee: $55,000 - $75,000</li><li>Site Development Fee: $35,000</li><li>Background Check: $1,500 - $6,000</li><li>Convention Deposit: $2,000&nbsp;</li></ul>School Opening Costs: $475,300 to $647,500The cost to open a daycare franchise includes furniture, equipment, curricular materials, marketing materials, computer systems, security systems and other miscellaneous expenses. If you choose to buy the land and build the school rather than lease from a landlord, you’ll also have some considerable real estate costs to cover as covered in the Franchise Disclosure Document (FDD).&nbsp;&nbsp;<ul><li>Furniture, Fixtures and Equipment: $319,000 - $460,000</li><li>Marketing Materials, Stationery, Forms and Curricular: $10,300 - $17,500</li><li>Signs: $20,000</li><li>Computer Systems, IT Security, Network Equipment: $26,000 - $35,000</li><li>Security Systems: $15,000</li><li>Miscellaneous Opening Costs: $85,000 - $100,000</li></ul>Purchasing Land and Building School - Additional Opening Costs: $3,550,000 - $6,555,000<ul><li>Land Acquisition Cost: $450,000 - $1,200,000</li><li>Building Construction and Site Work: $2,900,000 - $5,000,000</li><li>Building Loan/Finance Costs: $200,000 - $300,000</li><li>Construction Manager: $0 - $50,000</li><li>Environmental and Soil Testing: $0 - $5,000</li></ul>Post-Opening Costs: $144,000 to $302,000Post-opening costs consist of expenses such as accreditation, payroll, and rent. According to The Goddard School franchising website, “These ongoing financial considerations ensure the maintenance of your preschool's educational excellence and its role as a nurturing space for both students and staff.”If you lease rather than buying and building, you’ll be required to cover some additional post-opening costs.<ul><li>Accreditation: $2,850 - $3,850</li><li>Additional Funds (3 months): $48,300 - $90,600</li></ul>Lease Property from Landlord - Additional Post-Opening Costs: $90,000 - $200,000<ul><li>Lease Deposit: $20,000 - $80,000</li><li>Three Months Rent: $70,000 - $120,000</li></ul><h2>Fit the Needs of Your Community</h2>The Goddard School offers a flexible approach for building a school tailored to the community's needs. The franchise cost covers essential components, allowing the creation of an educational atmosphere aligned with families' aspirations. This includes the freedom to choose curriculum, design facilities, and shape an environment that fosters growth, learning, and development. The goal is to establish a school that becomes an integral part of the community, providing children with a strong foundation for their future.When investing in a Goddard School franchise, the commitment to providing an exceptional educational environment not only supports working parents but also contributes to the overall well-being and development of young children in their educational journey and beyond.At the 1851 Growth Club, we can help you find the right franchise for you at the right price point with your best interests at heart. <a href="https://1851growthclub.com/?utm_source=1851franchise.com&amp%3Butm_medium=article&amp%3Butm_campaign=celebrities-in-franchising-2725071&utm_source=1851franchise.com&utm_medium=article&utm_campaign=how-much-does-it-cost-to-open-a-goddard-school-franchise-2725087" target="_blank" rel="nofollow">Reach out today to start building your franchise legacy</a>!Check out these related articles:&nbsp;<ul><li><a href="https://1851franchise.com/franchise-deep-dive-the-goddard-school-franchise-costs-fees-profit-and-data-2721553#stories">Franchise Deep Dive: The Goddard School Franchise Costs, Fees, Profit and Data</a></li><li><a href="https://1851franchise.com/best-education-franchises-to-buy-in-2024-2724675">Best Education Franchises to Buy in 2024</a></li><li><a href="https://1851franchise.com/the-top-10-emerging-early-education-and-child-care-franchises-ready-to-take-over-the-industry-2722038">The Top 10 Emerging Early Education and Child Care Franchises Ready to Take Over the Industry</a></li></ul> &nbsp;

How Much Does it Cost to Open a Goddard School Franchise? 

1851 Franchise

A Goddard School franchise has some steep investment requirements upfront, especially if you plan on buying and building rather than leasing.

how-much-does-it-cost-to-open-a-goddard-school-franchise

BooXkeeping

BooXkeeping Welcomes Ryan Schwerdtfeger as Newest Franchisee in Wichita, Kansas

booxkeeping-welcomes-ryan-schwerdtfeger-as-newest-franchisee-in-wichita-kansas

Fresh Coat

Photo of Fresh Coat Painters VP of Sales Chris Lucas

Fresh Coat Painters Welcomes Franchise Veteran Chris Lucas as Vice President of Sales

fresh-coat-franchise-chris-lucas-vp-of-sales

USA Ninja Challenge

USA Ninja Challenge Sets Sights on Expanding Across Boston Area

usa-ninja-challenge-sets-sights-on-expanding-across-boston-area

Spadea Lignana Franchise Attorneys

Arctic Resto Brings Eco-Friendly Innovation to the Cleaning Industry With Mobile Dry Ice Franchise

Arctic Resto Brings Eco-Friendly Innovation to the Cleaning Industry With Its Mobile Dry Ice Franchise

arctic-resto-brings-eco-friendly-innovation-to-the-cleaning-industry-with-its-mobile-dry-ice-franchise

Griswold

How to Determine If Your Loved One Needs In-Home Care

how-to-determine-if-your-loved-one-needs-in-home-care

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 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

McDonald’s To Hire 375,000 Workers as It Prepares for Major U.S. Expansion

mcdonalds-to-hire-375000-workers-as-it-prepares-for-major-us-expansion

Subway Pushes Global Growth Despite U.S. Closures 

subway-pushes-global-growth-despite-us-closures

DoorDash Expansion Could Reshape Delivery and Operations for Franchise Brands - 1851 Franchise

DoorDash Expansion Could Reshape Delivery and Operations for Franchise Brands

doordash-acquistions-deliveroo-sevenrooms

Crumbl Franchise Investment - TSG Consumer Partners -  1851 Franchise

TSG Consumer Partners Takes Minority Stake in Crumbl, Signaling Franchise Growth Potential

crumbl-franchise-investment-tsg-consumer

Yum Brands Reports Strong Q1 Results with Big Boost from Taco Bell

yum-brands-reports-strong-q1-results-with-big-boost-from-taco-bell

District Taco Franchise Costs, Fees, Profit and Data for 2025

franchise-deep-dive-district-tacos-franchise-costs-fees-profit-and-data

KFC Franchise Costs, Fees, Profit and Data for 2025

kfc-franchise-deep-dive

The Fashion Class Franchise - Deep Dive - Costs, Fees, ROI - 1851 Franchise

The Fashion Class Franchise Costs, Fees, Profit and Data for 2025

fashion-class-franchise-deep-dive

Lumin Lash Franchise Deep Dive - Costs, Fees, Profit and Data - 1851 Franchise

Lumin Lash Franchise Costs, Fees, Profit and Data for 2025

lumin-lash-franchise-deep-dive

Franchisee spotlight image with Randy and Sandy Craft, Children's Lighthouse logo on blue background

The Crafts’ Successful Journey from New Parents to Children’s Lighthouse Franchisees

the-crafts-successful-journey-from-new-parents-to-childrens-lighthouse-franchisees

Franchisee spotlight image with photo of Robert Trujillo and UWRG logo on blue background

How Robert Trujillo Expanded His Construction Business With UWRG

how-robert-trujillo-expanded-his-construction-business-with-uwrg

1851 Franchisee Spotlight graphic with photo of Steve & Mia Kim & Paris Baguette logo

After Falling in Love with Paris Baguette, This North Carolina Couple Decided To Open One of Their Own

paris-baguette-franchise-charlotte-nc

The Top 20 Cleaning Franchises to Invest in for 2025

How Much Does it Cost to Open a Goddard School Franchise?

MORE STORIES LIKE THIS