General

Industry

Education Programs

Category

Preschool

SBA Identifier

S1753

Year of Founding

2002

Fees

Marketing Fee

4%

Royalty Fee

7%

Franchise Fee

$135,000-$135,000

Investment Range

$391K-$7.36M

Location units

Total U.S. Locations

579

U.S. Franchised Units

575

U.S. Corporate Units

0

Headquarters (City)

King of Prussia

Other

Item 19 - Franchise Financials

Yes

Financing Availability

-

Started Offering Franchises

2002

Issuance of FDD Data

03/29/2022

What to know about The Goddard School franchise?

As a The Goddard School® franchisee, you will operate a school offering primarily preschool learning programs and care for children between 6 weeks and 10 years old under the name The Goddard School®.

The Goddard School is based in King of Prussia, PA. Scroll down to learn more!

How much does a The Goddard School franchise cost?

Are you wondering how much is a The Goddard School franchise? Before starting a The Goddard School franchise, it is important to know the franchise fee, working capital and other costs required to start the business.

The minimum investment amount required to open a The Goddard School franchise is $390,650 and can go all the way up to $7,360,100. Keep in mind, you should also allocate additional funds to live off of while the The Goddard School business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 The Goddard School franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a The Goddard School business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your The Goddard School franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.

Franchise Net Unit Growth

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Download our guide to compare The Goddard School. Hotels to the Preschool, Outdoor Education Programs industry.

Franchise Data

Year Start of Year Units Opened Units Closed End of Year
2016 436 25 0 461
2017 461 17 5 473
2018 473 18 2 489
2019 489 33 3 519
2020 519 36 2 553
2021 553 25 3 579

Additional Details

How much does a The Goddard School franchise owner make?

The Goddard School franchise earnings and revenue can vary significantly from one franchisee to another.
The The Goddard School franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

The Goddard School discloses financials at the unit level. In other words, they show how much The Goddard School franchisees made in the past. Through analyzing this information available in the metrics tab, it can serve as a good basis to further explore the opportunity or not.

At Vetted Biz, we advise you to speak with 5 to 10 franchisees to understand how much money they are making from the The Goddard School franchise. Roughly 60% of franchises disclose financials and it makes the process easier when filtering potential franchise opportunities like The Goddard School. Don’t just speak to existing franchisees, call franchisees who have recently left the system and try to find out how much those The Goddard School owners were making.

Visit the The Goddard School metrics tab to explore the financials for this business.

What is the The Goddard School franchise fee?

Owning a The Goddard School franchise requires 7% royalty fee and 4% marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship. There may be other ongoing fees disclosed in the The Goddard School Franchise Disclosure Document

Keep in mind, there is also an initial The Goddard School franchise fee of $135,000 that is included in the initial investment amount of $390,650 to $7,360,100. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the The Goddard School franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the The Goddard School franchise fee of $135,000.

Visit the The Goddard School metrics tab to explore the financials for this business, royalty and marketing fees compare to other Education Programs franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was The Goddard School founded?

The Goddard School started offering franchises in 2002. The Goddard School was founded 20 years ago in 2002.

At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many The Goddard School locations are in the U.S.?

As of 2022, there were 575 locations across the U.S. There are also 0 corporate locations. Most Education Programs franchises like The Goddard School have more franchised locations than corporate locations.

How many The Goddard School franchises opened over the past few years?

Over the prior 3 years we have data for, The Goddard School has opened 94 outlets throughout the U.S. Visit the The Goddard School metrics tab to explore how the openings compare to other Education Programs franchises.

How many The Goddard School franchises closed over the past few years?

Over the prior 3 years we have data for, The Goddard School has closed 8 outlets throughout the U.S

Visit the The Goddard School metrics tab to explore how the openings compare to other Education Programs franchises.

Is The Goddard School growing? Are they opening more locations than they are closing?

The net unit growth rate for The Goddard School over the past 3 years is 18%. Over the last year we have data for, The Goddard School had a net unit growth rate of 4%.

Without a comparison, this number doesn’t mean much. Compare how the The Goddard School growth rate compares to 2,000+ other franchises and Industry franchises like The Goddard School. More info in the The Goddard School metrics tab.

Is The Goddard School franchise eligible for an SBA Loan?

The Goddard School is eligible for SBA loans including the 7(a) loan. To find out more about the SBA loan program for franchising click here.

The Goddard School franchise was assigned the SBA Franchise ID of S1753 on 10/01/2017. This DOES NOT mean the SBA endorses this franchise. The SBA Franchise Directory will only include business models like The Goddard School that are reviewed and found eligible under SBA’s affiliation rules and other eligibility criteria. Currently, there are over 7,000 franchise opportunities that the SBA has deemed eligible for SBA financing.

Is The Goddard School a franchise in the United States?

According to the SBA, The Goddard School meets the Federal Trade Commission (FTC) definition of a franchise. The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items about the franchise, its officers, and other franchisees. Be sure that The Goddard School provides you with an FDD if you are in discussion to buy a The Goddard School.

What is the The Goddard School Franchise for Sale Rate?

The The Goddard School systemwide health and franchisee satisfaction can be measured by the The Goddard Schoolfranchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

The Goddard School franchise for sale rate over the past 3 years is 6%. Over the last year we have data for, The Goddard School had a franchise for sale rate of 2%.

Without a comparison, this number doesn’t mean much. Compare how the The Goddard School franchise for sale rate compares to 2,000+ other franchises and Industry franchises like The Goddard School. More info in the The Goddard School metrics tab.

What is the The Goddard School Franchise Failure Rate?

The Goddard School franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise!

The Goddard School failure rate over the past 3 years is 1%. Over the last year we have data for, The Goddard School had a franchise failure rate of 1%.

Without a comparison, this number doesn’t mean much. Compare how the The Goddard School franchise for sale rate compares to 2,000+ other franchises and Industry franchises like The Goddard School. More info in the The Goddard School metrics tab.

How can I find out more details on The Goddard School franchise?

Visit the The Goddard School metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today today for exclusive access on this franchise opportunity!

Investment Midpoint

The average of the low and high range of the investment amounts calculated from the most recently available Franchise Disclosure Document

The Goddard School

$3,875,375

Industry median

All franchises median

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Royalty Fee

The median royalty fee from the Franchise Disclosure Document

The Goddard School

7%

Industry median

All franchises median

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Franchise Fee Midpoint

Payment that the franchisee must pay to the franchise owner in order to start a franchise.

The Goddard School

$135,000

Industry median

All franchises median

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Item 19 – Financial Performance Representations

Historical financial performance representations

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Franchise Financials

Franchisor company financial information and financial performance representations, if disclosed by the franchisor.

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General

Industry

Education Programs

Category

Preschool

SBA Identifier

S1753

Year of Founding

2002

Fees

Marketing Fee

4%

Royalty Fee

7%

Franchise Fee

$135,000-$135,000

Investment Range

$391K-$7.36M

Location units

Total U.S. Locations

579

U.S. Franchised Units

575

U.S. Corporate Units

0

Headquarters (City)

King of Prussia

Other

Item 19 - Franchise Financials

Yes

Financing Availability

-

Started Offering Franchises

2002

Issuance of FDD Data

03/29/2022

Detailed Franchise metrics for The Goddard School

Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for The Goddard School below. “N/A" or Not Applicable results mean that there is not enough data available to compute a precise rate or that the result is not mathematically computable. When results are not mathematically computable, you should pay attention to the absolute values (#) instead of the percentage rate itself.

Growth Rate

The percentage change of total franchise units from one year to the next by franchisor.

 

1 year

3 years

The Goddard School

7%

18%

Industry median

All franchises median

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Franchise for Sale Rate

The percentage of units transferred to new franchisees and reacquired by franchisor.

 

1 year

3 years

The Goddard School

4%

6%

Industry median

All franchises median

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Net Unit Growth (most recent year)

Net Unit Growth (3 years)

Failure Rate

Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.

 

1 year

3 years

The Goddard School

1%

1%

Industry median

All franchises median

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Business details

Company Name

https://www.goddardschoolfranchise.com/

Business email

**********@******.com

Mailing address

1016 West Ninth Avenue

State headquarters

Pensylvania

Owner Name

The Goddard School

Phone

+1 (000) 0********00

City

King of Prussia

Zip code

19406-3107
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