Goddard Systems Franchise
Saturday, May 15, 2010 at 11:55AM Early childhood development school
The Goddard School offers year-round programs for children from six weeks to six years old including after-school enrichment and summer programs.
Goddard Systems, Inc. (GSI) is the franchisor of The Goddard School. Headquartered in King of Prussia, Pennsylvania, GSI currently operates schools throughout the United States. Each school is a licensed childcare facility with an on-site owner, an Education Director and a staff trained in Early Childhood Education or Childhood Development. GSI provides continuing education for all teachers as well as a corporate Quality Assurance program.
Start-up Costs & Franchises Fees
What is the total cost to open a Goddard Systems Franchises?
Total Cost: $632,300-$679,600
Total Franchise Fees: $75,000 USD
Ongoing Royalty Fees: 7%
Ongoing Advertising Fees: Not Available
Term of Agreement: 15 years
Contact Information for Goddard Systems
|
Goddard Systems Inc. |
Toll Free: (800)272-4901 |
Goddard Systems In the Press
No results at this time.Historical Expansion
In what year did Goddard Systems begin operations? 1986
When did Goddard Systems begin selling franchises? 1988
Year United States Canada International Corporate 2005 185 0 0 0 2004 165 0 0 0 2003 145 0 0 1 2002 136 0 0 0 2001 97 0 0 12
Future Expansion
Countries of Interest:
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No Yes Initial Start-up Capital No Yes Plant, Property, and Equipment No Yes Inventory No Yes Accounts Receivable No No Payroll No No
Training & Support
Support
In the Pressletter, Meetings, Toll free phone number, Grand opening support, Internet referrals, Safety and Security procedures, Field support and site evaluation
Marketing
Cooperative advertising, Ad slicks, National media, Regional advertising support
Franchise Operation Restrictions
20% of all franchise business owners own more than one franchise location.Number of employees needed to run franchised unit: 20
Absentee ownership of this franchise business is not available to new franchisees. (100% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
General business experience
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes
Jason Rager | Comments Off | 



