KING OF PRUSSIA, Pa. - June 24, 2014 // PRNewswire // - Goddard Systems, Inc. (GSI), the franchisor of The Goddard School® system, announced today plans to expand in the Minneapolis metro area over the next several years. GSI is actively seeking qualified candidates to open as many as 25 new schools in the Minneapolis/St. Paul area
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.
"We're seeking qualified entrepreneurs in the Minneapolis area who are looking to expand their portfolio with a successful early childhood education franchise," said Joseph Schumacher, president and chief executive officer, Goddard Systems, Inc. "Our goal as a franchisor is to offer our franchisees unmatched training and support, and of course, high-quality education for the families in neighborhoods and communities across the country."
The company currently has three Goddard School locations in the greater Minneapolis area, including Brooklyn Park, Chanhassen and Plymouth, that serve a total of approximately 400 students.
The Goddard School preschool 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 13 years. Goddard Systems' franchisees benefit from a strong average EBITDA** of $254,846* 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, including 150,000 in liquid assets. 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 2013. As stated in Item 19 of GSI's Franchise Disclosure Document. 158 of 384 (41.1%) of franchises in this group did as well or better than the average. Your individual results may vary. 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.