How Much Does It Cost To Open A Goddard School The Goddard School franchise costs if you lease the school and landlord constructs the improvements based on Item 7 of the company s 2023 FDD Initial License Fee 135 000 Initial Training and Assistance Fee Satellite Location Assistance Fee 35 000 Initial Marketing Fee 55 000 to 75 000 Site Development Assistance Fee 35 000
To buy a franchise with The Goddard School you ll need to have at least liquid capital of 150 000 and a minimum net worth of 500 000 Franchisees can expect to make a total investment of 610 100 729 300 The Goddard School charges a franchise fee of They also offer financing as well as a discount for veterans 10 off Initial Fee Initial Financial Investment Required to Open a Goddard School Franchise Initial Franchise Fee 135 000 135 000 Initial Training and Opening Assistance Fee 35 000 35 000 Initial Advertising Contribution 50 000 55 000 Site Development Assistance Fee 35 000 35 000 Background Check up to four
How Much Does It Cost To Open A Goddard School
How Much Does It Cost To Open A Goddard School
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How Much Does It Cost To Open The Goddard School 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 Initial License Fee 135 000 The initial franchise fee ranges from 60 000 to 135 000 depending on whether you are developing a new school or purchasing an existing one For renewals the initial license fee does not apply The standard royalty fee for The Goddard School franchise is 7 of Gross Receipts
How much does The Goddard School franchise cost The Goddard School has the franchise fee of up to 135 000 with total initial investment range of 619 900 to 760 600 Financial Requirements for The Goddard School Initial investments 619 900 760 600 Net worth Requirement 750 000 2 000 000 Liquid Cash Requirement 150 000 Ongoing Fees Opening a Goddard School or purchasing an existing location involves some substantial investments depending on location Between franchise fees opening costs and post opening costs our owners typically invest between 879 950 1 229 950 to open their franchises We understand that joining the Goddard Family requires a significant financial
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The Goddard School was founded in 1983 and began franchising in 1988 Since then we have grown into a leader in the premium early childcare and education market segment with more than 600 franchise locations across 38 states Currently we are ranked 60 on the Entrepreneur s Franchise 500 List 70 in the Franchise Times and in the Top 200 The Goddard School franchise costs if you lease the school and landlord constructs the improvements based on Item 7 of the company s 2022 FDD Initial License Fee 135 000 Initial Training and Assistance Fee Satellite Location Assistance Fee 35 000 Initial Marketing Fee 50 000 to 71 500 Site Development Assistance Fee 35 000
Here s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business Initial Franchise Fee 135 000 Initial Investment Since then the Goddard School has expanded to more states and by 2019 the company celebrated a major milestone with the opening of its 500th school Entrepreneur s Franchise 500 20 The Goddard School ranked No 76 on Entrepreneur s 2021 Franchise 500 list Section II Estimated Costs
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How Much Does It Cost To Open A Goddard School - How Much Does It Cost to Own Goddard School s Franchise The Goddard School Active member of the child related industry since 1986 To open a single children s educational program location the company requires that potential franchisees have liquid assets of at least 150 000