The Goddard School Marked The 12th Year On Franchise Time’s Top 200 List

October 11th, 2019 by The Franchise Development Team

 

Goddard Systems, Inc., franchisor of The Goddard School, is proud to announce that The Goddard School has marked yet another year on Franchise Time’s Top 200 list, continuing its 11 year streak as the top performing early childhood education franchise in the U.S.

Franchise Times reports the 200 largest U.S.-based franchisors grew their combined annual sales by more than $26.9 billion or 4.2 percent last year, to $671.3 billion, with most categories seeing across-the-board gains well above the previous year, according to the newly released Franchise Times Top 200+, an exclusive ranking of the 500 largest franchises.

With more than 500 Schools in 37 states, The Goddard School’s system-wide sales exceeded $814 million in 2018, a 9.3 percent increase since 2017. Franchisees invest between $619,900 and $760,600 and earn an average EBITDA of $373,321 per year.*

The franchise system reached a significant milestone at the end of last year, opening its 500th location, making way for setting goals to reach a new milestone – opening 250 Schools in the next five years. GSI is using new and improved strategies, including a location-first real estate approach, to grow the system 50 Schools per year for the next five years.

By leveraging decades-long relationships with developers, GSI will employ a location-first development model. Desirable real estate sites with a high potential for success will be secured before GSI awards a license to a franchisee. This flexibility will enable GSI to satisfy the varied real estate needs of its current and future franchisees and allow more Schools to open faster.

GSI is eager to partner with entrepreneurs who are passionate about running their own business while educating the leaders of tomorrow.

To learn more about how to invest in one of the most successful early childhood education franchises, visit GoddardSchoolFranchise.com.

 

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