Why Invest in A Goddard School?
Families face increasing challenges finding high-quality early education as demand outpaces resources. This shortage impacts parents, employers, and communities, making it harder for parents to balance work and childcare.
By creating an exceptional learning environment, you’ll provide peace of mind to families, support children’s growth and development, and strengthen your community. Together, we can nurture a generation of curious, capable learners ready to thrive in school and beyond.
*Based on mature schools opened for 18 months or more as of 2023. EBITDA is defined as gross revenue less all expenses directly related to operating the school excluding interest, taxes, depreciation, and amortization. You should refer to Item 19 of Goddard Franchisor, LLC’s 2024 Franchise Disclosure Document for more information regarding the reported earnings of Goddard School franchises. Your individual results may differ. There is no assurance that you will earn as much as the amounts reported by Goddard School franchisees.
How Much Does It Cost to Open A Daycare?
The exact amount needed to set up a franchise can vary depending on your chosen location and other factors. These investments encompass various expenses such as franchise fees, marketing costs, finding an appropriate location, initiating operations, and ongoing expenses post-launch. Please refer to Item 7 of Goddard Franchisor, LLC's 2024 Franchise Disclosure Document for more detailed information on these costs.
- Lease
- Purchase
Initial Franchise Cost & Support Fees: $263,500 - $295,000
The 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. Addressing these initial costs associated with the preschool franchise helps establish a reputable early childhood education venture within the selected community.
School Opening Costs: $539,000-$739,000
The cost to open a daycare franchise includes furniture, equipment, curricular materials, marketing materials, computer systems, security systems and other miscellaneous expenses. You’ll also need a lease deposit and the exact amount depends primarily upon building size, location, configuration, financing, and other details outlined in our Franchise Disclosure Document (FDD).
Post-Opening Costs: $100,000-$275,000
Post-opening costs consist of expenses such as payroll, and rent. 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.
Initial Franchise Cost & Support Fees: $263,500 - $295,000
The initial costs include the franchise fee, training fee, and marketing fee, as well as site development and administrative expenses. These investments help you build a thriving, trusted preschool in your chosen community.
School Opening Costs: $4,819,000-$7,944,000
Opening a daycare franchise includes costs for furniture, equipment, curriculum, marketing, computer and security systems, and other essentials. You’ll also need to invest in land, building construction, and site work. Exact costs vary based on factors like building size, location, design, and financing.
Post-Opening Costs: $100,000-$275,000
After opening, you’ll have ongoing costs like payroll and building loan payments. These expenses are essential to maintaining high educational standards and creating a supportive environment for students and staff.
What Our Franchise Owners Are Saying
- Verma
- Byars
- Byars
