KING OF PRUSSIA, Pa. - Feb. 10, 2014 // PRNewswire // - Goddard Systems, Inc. (GSI), the franchisor of The Goddard School® system, announced today 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.
Goddard Systems, Inc. (GSI), franchisor of The Goddard School® preschools, was recently named the No. 1 Childcare Franchise in the United States by Entrepreneur Magazine for the thirteenth consecutive year (January 2014) and one of the Top 200 Franchise Systems (in worldwide sales) by Franchise Times for the seventh consecutive year (October 2013). Headquartered in King of Prussia, Pennsylvania, GSI currently licenses over 400 franchised schools with more than 45,000 students in 35 states. The Goddard School's AdvancED and Middle States-accredited F.L.EX.® Learning Program, a comprehensive play-based curriculum developed with early childhood education experts, provides the best childhood preparation for social and academic success. With a proven system in place and a strong network of dedicated franchisees, GSI is the acknowledged leader in franchised childcare and a premier educational childcare provider. For more information, visit www.goddardschoolfranchise.com.
SOURCE Goddard Systems, Inc.