How Much Can You Make Owning A Goddard School?

by | Last updated on January 24, 2024

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From 2016–2019, the average operating profit for a Goddard School ranged from

$322,000 to $413,000 a year*

. The Goddard School provides you with the system to offer the high-quality early education and care that families and communities are desperately seeking.

How much does a Goddard School owner make?

According to the Goddard School, franchisees earn an

average EBITDA of $341,962

. (Earnings Before Interest, Taxes, Depreciation and Amortization. The average is based on 2017 results of Schools open more than 18 months, as stated in Item 19 of our Franchise Disclosure Document.

How much is Goddard School franchise?

Name of Fee Low High 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

Is Goddard a good franchise?

Now is an excellent time to invest in a Goddard School franchise. With more than 400 locations nationwide, The Goddard School is a respected brand that has been ranked the

#1 Childcare Franchise

in the United States by Entrepreneur magazine every year since 2002. Contact us today to get started.

Are daycare franchises profitable?

Owners of daycare centers profit an

average of $37,000 per year

. While some owners of daycare centers report earning over $60,000 profit per year, the other side of the spectrum reported hauling in less than $20,000 profit.

How much does a primrose franchise owner make?

The average Primrose Schools Product Owner earns an estimated

$110,629 annually

, which includes an estimated base salary of $101,504 with a $9,125 bonus.

What is Goddard School philosophy?

Goddard’s main philosophy focuses

on Fun While Learning and Individualized Development

. … Goddard believes that the most genuine learning occurs when children are having fun. If you are visiting Goddard and notice a lot of “play” going on, this might be the answer to that.

Does Goddard have cameras?

All Goddard Schools go to great lengths to create a safe, secure environment for children, faculty and staff. Some of the safety measures include a security system,

video surveillance cameras

in the foyer and building exterior, as well as stringent School arrival and departure procedures for parents and visitors.

Is Bright Horizons a franchise?

With more than a 50% share of the estimated $1 billion U.S. market for work-site child care, Boston-based Bright Horizons has built

a profitable franchise

that has rewarded shareholders. Its revenue has grown at a 15% annual rate over the past four years, and the company’s shares have more than tripled.

How do I start a learning experience?

To become a franchisee of The Learning Experience, you will need to have a passion for helping children succeed as well as an upfront investment of $150,000 in liquid capital and a total investment of $500,000 to

$800,000

. To assist you, third party financing is available.

What does Goddard mean?

English (of Norman origin) and French:

from Godhard

, a personal name composed of the Germanic elements god ‘good’ or god, got ‘god’ + hard ‘hardy’, ‘brave’, ‘strong’. The name was popular in Europe during the Middle Ages as a result of the fame of St.

How many employees does the Goddard School have?

How many employees does The Goddard School have? The Goddard School has

51 to 200 employees

.

Who are the owners of the Goddard School?

Type School (Private) Founded 1988 in King of Prussia, PA, USA Key people Joe Schumacher, Chairman of the Board; Dennis Maple President & CEO; Bob Scopinich, CFO Owner Wind River Holdings Website www.GoddardSchool.com

How do daycares increase revenue?

  1. Charge for enrichment programs. …
  2. Expand “other fees” you charge. …
  3. Limit “discounts” and “credits”. …
  4. Consider new ways to offer specials. …
  5. Ensure regular tuition increases. …
  6. Take advantage of Food Program money. …
  7. Find grants.

Are Primrose schools for profit?

Founded in 1982, there are more than 400 Primrose schools in 29 states today. Each school is independently owned and operated by Franchise Owners who are provided a proven and time-tested business model and exclusive approach to early education, called Balanced Learning

®

.

How do I start a franchise school?

To qualify to be a Kidzee school franchise, you need to have a property with minimum area of 2000-3000 sq.

feet

and a minimum investment capacity of Rs. 12, 00,000. Kidzee is looking for passionate entrepreneurs who are committed and willing to promote quality education and help in shaping the future of the nation.

Does the Goddard School have uniforms?

Do the students wear uniforms?

No they don’t

. Any kind of dress bottoms as long as they go to your knees.

What ages does the Goddard school take?


From infants and toddlers to pre-k, kindergarten and beyond

, our programs are designed specifically with your little one’s needs in mind so they can have fun as they grow and develop. Teachers play an active role in your child’s education and development, setting the stage for a fun, engaging learning environment.

What does Goddard school teach?

Yes, The Goddard School® is an early learning institution that focuses on

the social, emotional, physical and academic development of children from infancy to pre-k

.

How many Goddard Schools are there in the US?

The Goddard School serves more than 70,000 students from six weeks to six years old in

more than 560 Goddard Schools

in 38 states.

What is KinderCare tuition?

About KinderCare Learning Center – New Haven Fees Full-time: Infants/Toddlers- $379.00 per week. Preschool/Pre-Kindergarten (multiage grouping)- $334.00 per week.

Before & After school – $139.00 per week

(10% discount off all tuition for Yale students/employee). Part-time fees vary.

Who is the owner of Bright Horizons?

It’s been more than 25 years since Linda Mason co-founded Bright Horizons, and the Massachusetts resident continues to make news.

Does Bain own Bright Horizons?

NEW YORK (Reuters) – Bright Horizons Family Solutions Inc BFAM. O, a provider of employer-sponsored child care and early education, said on Monday it would be

bought by private equity firm Bain Capital

for $1.3 billion.

Who is Bright Horizons owned by?


Bright Horizons Family Solutions LLC owns 15%

and ChildrenFirst LLC owns 85%.

How many locations does the learning experience have?

The Learning Experience®, with

more than 300 centers

operating or under development, is one of the nation’s fastest-growing Academies of Early Education for children ages six weeks to six years old.

Is the learning experience a good franchise?

record of success. Our students aren’t the only ones on the track to succeed—our daycare franchisees succeed big, too. … That’s one of the reasons TLE® was

ranked #62 on

Entrepreneur Magazine’s Top 500 Franchise list, and why Franchise Business Review ranked us “Best of the Best” in its list of 2019’s Top 200 Franchises.

Is Goddard a Viking name?

Goddard is

an ancient Norman name

that arrived in England after the Norman Conquest of 1066. The name Goddard comes from the Germanic personal name Godhard, which is composed of the elements god, which means good, and hard, which means brave or strong.

What is the Goddard family famous for?

Goddard Family, celebrated

New England cabinetmakers

, whose furniture was among the finest made in America during the 18th century. Quakers of English ancestry, the Goddards intermarried with the Townsend family, who were equally famous as cabinetmakers.

What is the profit margin of a daycare?

The average profit margin for a daycare business is

6.5%

. According to Statista, the industry revenue in the United States for 2017 was 41.56 billion dollars.

What are the examples of learning experiences?

While

listening to a lecture, reading a book, or completing a homework assignment

remain “learning experiences,” students are now learning in different ways than they have in the past and in a wider variety of outside-of-school settings, such as through internships, volunteer activities, or dual-enrollment programs, to …

Which is better Goddard School vs Kindercare?

Overall Rating 2.8 3.3 Management 2.5 2.8 Culture 2.6 3.1

What makes a daycare successful?

Great daycare centers go above and beyond to ensure children’s safety. This includes

childproofing, food safety practices

, a well-kept and maintained play space with sets of toys (making sure none of have been recalled) and constant supervision. A well child-proofed space will have: Covers on every outlet.

Is preschool a profitable business?

Starting a preschool is

one of the many profitable business options available today

. This is because the education sector is a recession-free sector, which implies it remains unaffected by the fluctuations in the business cycles.

Rachel Ostrander
Author
Rachel Ostrander
Rachel is a career coach and HR consultant with over 5 years of experience working with job seekers and employers. She holds a degree in human resources management and has worked with leading companies such as Google and Amazon. Rachel is passionate about helping people find fulfilling careers and providing practical advice for navigating the job market.