Daycare Franchise Cost

Starting your journey with a Goddard School or taking over an existing one is an exciting step, but it does involve some initial investments. The exact amount can vary depending on where you want to set up. These investments cover things like franchise fees, marketing expenses, finding the right place, getting things up and running, and the ongoing costs after opening. On average, our franchise owners usually invest between $879,950 and $1,229,950 to make their franchise dream a reality. We're here to support you every step of the way!

 

How Much Does it Cost to Open a Daycare?

Franchise costs are an essential consideration for anyone interested in opening a preschool or daycare franchise. The cost of a daycare franchise can vary and depends on the specific franchise and its requirements. When you join the Goddard School Family, we understand that it requires a significant financial commitment, but our system track record speaks for itself. The foundation you provide allows your School to flourish within our roadmap of success. It is essential to carefully evaluate the franchise costs and ensure it fits your objectives and needs.

 

Three kinds of financial investments are required to own and operate a Goddard School. They include the following:

 

Initial Franchise Cost & Support Fees

$260K - $280K

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 daycare or preschool franchise helps establish a successful and reputable early childhood education venture within the selected community. 

School Opening Costs

$475K - $647K

The cost to open a daycare franchise includes furniture, equipment, curricular materials, marketing materials, computer systems, security systems and other miscellaneous expenses.  These exclude real estate, which depends primarily upon building size, location, configuration, financing, and other details outlined in our Franchise Disclosure Document (FDD).

Post-Opening Costs

$144K - $302K

Post-opening costs consist of expenses such as accreditation, 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.

Build a Goddard School to fit the needs of your community

Our flexible approach allows you to create an educational atmosphere that perfectly aligns with the aspirations and preferences of the families you serve. With the franchise cost covering essential components, you'll have the opportunity to craft an environment that promotes growth, learning, and development while nurturing a strong sense of belonging. From curriculum choices to facility design, you'll have the freedom to shape a school that becomes an integral part of the community, providing children with a remarkable foundation for their future.

Below is a breakdown of the estimated total investments required to build a Goddard School.

Lease Property from Landlord

CategoriesEstimated Amounts
  
Initial License Fee$135,000
Initial Training and Assistance Fee$35,000
Initial Marketing Fee$55,000 - $75,000
Site Development Fee$35,000
Background Check$1,500 - $6,000
Convention Deposit$2,000
Lease Deposit$20,000 - $80,000
Three Months Rent$70,000 - $120,000
Furniture, Fixtures and Equipment$319,000 - $460,000
Marketing Materials, Stationery, Forms, and Curricular$10,300 - $17,500
Signs$20,000
Computer Systems, IT Security, Network Equipment$26,000 - $35,000
Security Systems$15,000
Miscellaneous Opening Costs$85,000 - $100,000
Accreditation$2,850 - $3,850
Additional Funds (3 months)$48,300 - $90,600
  
Estimated Total$879,950 - $1,229,950

Purchase the Land and Build the School

CategoriesEstimated Amount
  
Initial License Fee$135,000
Initial Training and Assistance Fee$35,000
Initial Marketing Fee$55,000 - $75,000
Site Development Fee$35,000
Background Check$1,500 - 6,000
Convention Deposit$2,000
Furniture, Fixtures and Equipment$319,000 - $460,000
Marketing Materials, Stationery, Forms, and Curricular$10,300 - $17,500
Signs$20,000
Computer Systems, IT Security, Network Equipment$26,000 - $35,000
Security Systems$15,000
Miscellaneous Opening Costs$85,000 - $100,000
Accreditation$2,850 - $3,850
Additional Funds (3 months)$48,300 - $90,600
Land Acquisition Cost$450,000 - $1,200,000
Building Construction and Site Work$2,900,000 - $5,000,000
Building Loan/Finance Costs$200,000 - $300,000
Construction Manager$0 - $50,000
Environmental and Soil Testing$0 - $5,000
  
Estimated Total$4,339,950 - $7,584,950

Why Invest in A Goddard School?

Families are finding it harder to find high-quality early education and care due to a growing demand that often outpaces available resources. This is creating significant issues for families, employers, and communities, as the lack of accessible and reliable early education options can place parents in a difficult position and hinder workforce participation. Your dedication to providing an exceptional educational environment not only supports working parents by offering them peace of mind but also contributes to the overall well-being and development of young children in your area. This collective effort strengthens the foundation of the community, nurturing a generation of capable and curious learners, well-equipped to excel in their educational journey and beyond.

 


Testimonials

Your Journey Starts Here

Interested in joining the Goddard Family as a franchisee? Request more information to get the process started.

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