Posts Tagged ‘Franchise Opportunities’

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- Early Childhood Education Franchise Plans Aggressive Five-Year Expansion -

Goddard Systems, Inc. (GSI), the franchisor of The Goddard School® system, announced today a strong 2013 with the awarding of 41 new franchise agreements to qualified franchisees and the opening of 18 schools in California, Colorado, Connecticut, Georgia, Maryland, New Jersey, Ohio, Pennsylvania, Texas, Virginia and Washington.

This momentum is part of GSI’s expansion plan targeting communities across the country.  The company has set a five-year development goal of awarding 60 new franchise agreements and opening 30 new schools per year by 2019.

“Our expansion in 2013 marks the beginning of our effort to open dozens of new Goddard School franchises nationwide,” said Joseph Schumacher, president and chief executive officer, Goddard Systems, Inc.  “The demand for childcare is at an all-time high. Over 15 million children in the U.S. require some form of childcare arrangement*, and this, coupled with our unique play-based approach to learning as well as our unprecedented franchisee support, will help propel system growth in 2014 and beyond.”

GSI launched 2014 with a targeted franchise development strategy focused on eight markets including Boston, Mass.; Houston, Texas; Minneapolis, Minn.; Seattle, Wash.; Portland, Ore.; Philadelphia, Pa.; Hartford, Conn.; and New York City (Manhattan).  The company is seeking qualified franchisees with a minimum net worth of $450,000 and liquidity of $150,000.  No education experience is necessary.

The Goddard School franchise operates on a dual-management system, distinctive in the early childhood education industry. Each location is managed on-site by the franchise owner, as well as an educational director responsible for working with teachers and implementing the curriculum. This separation and clear delineation of roles has resulted in The Goddard School system’s success and high satisfaction ratings for 25 years.

Long recognized as the industry leader, The Goddard School system has been consistently listed in Entrepreneur Magazine’s “Franchise 500” ranking as the number one childcare franchise for 12 years. Goddard School franchisees benefit from a strong average EBITDA*** of $240,631** per location, manageable hours and GSI’s unmatched support with real estate, site development, operations, IT, marketing, advertising, quality assurance and training to ensure smooth school operations.

“At Goddard Systems, we focus relentlessly on supporting our franchisees in every aspect of their business,” said Schumacher. “This focus enables our franchisees to inspire success among the more than 45,000 students they influence every day. Our support, coupled with our responsible and reasonable development plan, will enable The Goddard School system to solidify its leadership position in the industry and in communities across the country.”

Interested candidates should expect the initial investment to open a Goddard School to range from $600,010 to $707,410, depending on real estate and other expenses. Additional information is available on www.goddardschoolfranchise.com or call 800-272-4901 to speak with a franchise development executive.

*Source: Child Care Aware of America: Child Care in America 2012 State Fact Sheets (June 2012) as sourced from U.S. Census Bureau. (2011). American Community Survey, 2008-2010 three-year estimates. Retrieved May 30, 2012, from http://www.census.gov.

**Average based on mature franchises (those open over 18 months) in 2012.  As stated in Item 19 of GSI’s Franchise Disclosure Document.  154 of 369 (41.7%) of mature franchises did as well or better than the average.  Your individual results may differ.  There is no assurance you’ll earn as much.

***Earnings Before Interest, Taxes, Depreciation and Amortization.

 

Early Childhood Education Franchise Plans Aggressive Local Expansion

Goddard Systems, Inc. (GSI), the franchisor of The Goddard School® system, announced plans to expand in the Boston metro area and southeastern New Hampshire over the next several years. GSI is actively seeking qualified candidates to open 30 new schools in the South End and East Boston, Norwood, Massachusetts, and Nashua and Manchester, New Hampshire, among others.

This is part of GSI’s expansion plan to target specific communities across the country. The company has set a five-year development goal of awarding 60 new franchise agreements and opening 30 new schools per year by 2019. Two real estate sites are immediately available for qualified franchisees in Hingham and Charlestown, Mass.

“We’re seeking franchisees in Boston and New Hampshire to join a thriving early childhood education franchise with unmatched support, while inspiring children in their local community,” said Joseph Schumacher, president and chief executive officer, Goddard Systems, Inc. “As we continue to expand, our goal is to help develop profitable businesses for franchisees and offer high-quality education for families in neighborhoods around Boston and surrounding communities.”

The company currently has 13 Goddard School locations in the greater Boston area, which covers Massachusetts (Middlesex, Norfolk and Worcester counties) and New Hampshire (Hillsborough and Rockingham counties).

The Goddard School system operates on a dual-management system, distinctive in the early childhood education industry. Each location is managed on-site by the franchise owner, as well as an educational director responsible for working with teachers and implementing the curriculum. This separation and clear delineation of roles has resulted in The Goddard School system’s success and high satisfaction ratings for 25 years.

Long recognized as the industry leader, The Goddard School system has been consistently listed in Entrepreneur Magazine’s “Franchise 500” ranking as the number one childcare franchise for 12 years. Goddard Systems’ franchisees benefit from a strong average EBITDA** of $240,631* per location, manageable hours in a recession-resistant business and GSI’s unmatched operations and marketing support. The company is seeking qualified franchisees with a minimum net worth of $450,000 and liquidity of $150,000.  No education experience is necessary.

Additional information is available on www.goddardschoolfranchise.com or call 800-272-4901 to speak with a franchise development executive.

*Average based on mature franchises (those open over 18 months) in 2012. As stated in Item 19 of GSI’s Franchise Disclosure Document.  154 of 369 (41.7%) of mature franchises did as well or better than the average.  Your individual results may differ.  There is no assurance you’ll earn as much. **Earnings Before Interest, Taxes, Depreciation and Amortization.

By Stephen Markley
RedEye Chicago

In 2008, Jason Pullukat, 33, decided to move from his job in the corporate world at Kraft foods to become the owner of a franchise of the Goddard School in Lincoln Park. Located on Armitage and Clifton avenues, the school–serving children from six weeks to six years–opened this past week. RedEye ‘Hoods sat down with Pullukat to ask him what it was like to make a drastic career change at the age of 30, and what it’s like to go from corporate meetings to running a preschool.

Talk a little bit about your background in the corporate world. What made you make the switch to education?

“My mom ran preschool centers, so I was always around it growing up. In 2007 I decided I wanted to get out of the corporate world and try something else. I saw the need for quality early-childhood education in Chicago. The trend was parents moving from the city to the suburbs for that education. There wasn’t a huge supply here in the city, and Goddard’s reputation stands for itself.

I’m focused on being in the office, on site every day, handling the payroll, the marketing, the advertising — the business, really. Usually schools have one director who has to wear two hats. Our educational director to handles the curriculum, and I’m on sight at all times doing the business aspects.

I was doing both jobs for a while, and I didn’t leave Kraft until October 2010.”

Were you hesitant at all being a male in a predominantly female profession?

“Being a younger male in this kind of profession, it was always in the back of my mind. But I talked to a lot of male [school] owners and asked how they felt. I don’t think there’s any negative perception about it, not like maybe there used to be. It’s the same trust: everyone’s coming in with a smile and leaving with a smile. Also, it’s that male role model that children can see even at a young age.”

As a young person, did it make you nervous to make such a drastic career move?

“Any time you’re leaving what you know — which in my case was corporate America — it’s a big deal. You ask questions. It’s the same as going from Kraft to working at a newspaper; it’s a whole different industry. Now I’ve left what I know, I don’t have the paycheck coming in every week. Now every dollar I earn is based on how I perform.”

Why did you choose Lincoln Park for the school franchise?

“We looked at 50 or 60 different sites and didn’t sign the papers on this location until the end of 2009. We began the construction shortly after, combining a vacant lot and an existing building on Seminary. Parents don’t expect a private institution on Armitage.

We definitely saw that demand [for private preschool] in Lincoln Park, and finding a place right on Armitage by the Brown and Purple Line — that’s the perfect location. You have many young professionals in this neighborhood. We want to convince them to stay instead of leaving for the suburbs.”

What does Goddard offer parents and children?

“All of our lead teachers have bachelor’s [degrees] at minimum. We have that great location, private playgrounds (so we’re not taking 50 children to a park), library resources, and organic and local lunch options.

Then besides the core curriculum — math, science, writing — we have enrichment programs like sign language, yoga, music, manners, world cultures, art history and foreign languages like Spanish and Mandarin. And it’s all built into the tuition. We’re not a daycare. There’s a reason we have degreed professionals.

For the kids, we want to encourage that attention span and developing a love of learning. We specialize in play-based learning, so the kids will learn to write their names with their fingers in cool whip on a table. Or to teach them about art history, we’ll tape paper on the bottom of a table and let them draw while the teachers explain Michelangelo painting the Sistine Chapel. Stuff that makes it fun makes them want to learn.”

What advice do you have for other young people thinking about making a career change?

“I was single back when I decided to do this. I didn’t have a family. Now I’m married and have a baby due in October. I wanted to get to the next stage but also wanted to be secure in my future, so it’s all about doing that due diligence, doing that research to make sure it’s a good fit and you’re not going to regret it. Now I spend part of my day playing with kids.

It’s much different than being in an office or flying to different cities every week for meetings. I have fun listening to laughter when I work and just having fun with the kids, running around on the playground. I never had a chance to do that for the last 12 years being in corporate America.

Leading Childcare Franchise Ranked #1 in Industry and 87th Overall Franchise Opportunity in U.S.

For the 10th straight year, Goddard Systems, Inc. (GSI), the nation’s largest childcare and early education franchise with over 370 schools in 34 states across the country, has owned Entrepreneur Magazine’s Franchise 500. This year’s rankings were no different as the chain was not only No. 1 in its category for the 10th consecutive year, but also in the Top 100 at No. 87 in overall top U.S. franchise opportunities.

“Our success can be credited to our dedicated franchisees, the support of a committed corporate staff and especially to the continued loyalty of the families we serve in communities across the country,” said Joseph Schumacher, CEO of Goddard Systems, Inc. “We are pleased to be recognized yet again by such a prestigious institution and look forward to our opportunities in 2011.”

To determine rankings for the Franchise 500, each company is evaluated on its financial strength and stability, growth rate, size of system, percentage of unit closings and years in business and franchising. GSI. rose 34 spots from its 2010 ranking to break the top 100 this year. Its continued growth is fueled by an all time high demand for childcare and an increased focus on the importance of education.

In 2011, GSI. plans to continue its national expansion and has brought in key franchise executives to strengthen the organization’s leadership.  With new executives in franchise development, marketing, and operations, the company plans strengthen its already formidable franchisee support system and broaden brand penetration.

“GSI is augmenting its top management in order to provide the level of support GSI is famous for,” said Schumacher. “With the additions of franchising veterans Dzana Homan as COO, Vic Yeandel as Vice President of Advertising, Marketing and PR and Tony Padulo as Vice President of Franchise Development, we’re preparing for a decade of exceptional growth.”

Goddard Systems, Inc. has captured the dominant share of the childcare market, which Entrepreneur ranked as one of the top ten franchise industries to expand in 2011, through a combination of its strong franchise system and the proprietary FLEX™ Learning Program. Franchisee support systems include real estate assistance, opening assistance, on-going training, Quality Assurance program and professional development. For more information on Goddard Systems, Inc., visit http://www.goddardschool.com/About.gspx.

By Contributing Writer Hilary Cadigan
The Creekline

In these tough economic times, many parents are being forced to work longer hours in order to keep their jobs and provide for their children.  So, when it comes to their children’s day-to-day activities, parents want more than just daycare.  And for good reason: a recent long-term study by the National Institute of Child Health and Development proves that children who receive high-quality early education perform significantly better academically, cognitively, and behaviorally as teenagers.

When family childcare fell through at the last minute, new mom Laura Pinover-Sadler, then living in Virginia, went on a frantic search for a place she felt comfortable leaving her six-week-old daughter, Lauren.  It wasn’t until she found The Goddard School, the largest and best rated preschool franchise in the country, that she felt satisfied.

“What we do at The Goddard School isn’t just childcare,” said Jeff Travitz, Goddard’s Director of Franchise Development. “Our students, ranging from six weeks old through kindergarten, learn sign language, computer skills, yoga, and foreign languages like Spanish and Mandarin Chinese.  Our education philosophy is that children should engage in playful learning.”

Pinover-Sadler was so impressed by the quality of care and education her daughter received at The Goddard School that, in 2004, she decided to move to St. John’s County and open up her own Goddard School, right in the middle of Julington Creek Plantation.  As a result, Pinover-Sadler was able to bring her daughter to work for the very first time, and little Lauren became a member of Florida’s very first graduating class of Goddard students.

“I know what it’s like to be a parent with a full-time job,” said Pinover-Sadler.  “The Goddard School is the only place I felt comfortable leaving my own daughter, and now I strive to maintain that level of comfort for the parents of St. Johns County.  What we have here is a real family, a home away from home.”

At Pinover-Sadler’s school, there is an exceptionally low rate of staff turnover and a wonderful open-door policy between parents, teachers, and students.  Per national Goddard protocol, parents are welcome to come in and see their children at school any time and receive detailed Daily Activity Reports at the end of each day, allowing them to be highly involved in their children’s lives, regardless of their own schedules.

“The Goddard School offers the best of both worlds: a small, close-knit environment backed by proven methods and strict corporate standards,” said Pinover-Sadler. “And I can say from experience that the results are truly worth the investment.”

She was a stay-at-home mom and he was an aviation supervisor with what they thought was great job security.  Unfortunately, the tough economy hit the Riese family by surprise, like it has so many others.  That’s when Fred and Valaire Riese discovered Goddard Systems, Inc. (GSI) and decided to open a Goddard School, a preschool for children from six weeks to six years, in Chanhassen, Minnesota.

The Goddard School is a nationwide franchise of GSI, headquartered in King of Prussia, Pennsylvania. With 360+ schools, it is the fastest growing preschool in the United States and was recently recognized as the “#1 Childcare Franchise” for the ninth consecutive year by Entrepreneur magazine (January 2010).

The Rieses were looking for a franchisor who, according to Valaire, “upheld its operational manual and had very high quality assurance standards.  We were looking for something that was ‘family friendly’ with operating hours during the day, Monday through Friday…conducive to our young family’s schedule.”  She adds, “Operating a Goddard School allows us flexibility so we are available for our own children each day.  Fred coaches little league baseball, I volunteer and help with Girl Scouts and dance.”

“The support from GSI has far exceeded our expectations,” adds Valaire.  “The corporate support and follow through has been outstanding. It was and is important for us to know that we can call the CEO at any time and speak directly to him. Our questions are always answered quickly and our input is valued. Just as we consider our enrolled families part of our Goddard family we feel very much a part of the GSI family.”