KING OF PRUSSIA, Pa. - January 16, 2017 - (BUSINESS WIRE) - Goddard Systems, Inc. (GSI), the franchisor of The Goddard School® preschool system, announces that 2016 was another year of successful expansion, opening 23 new Schools nationwide. With 27 Schools in planning stages for 2017, the leading early childhood education franchise system continues its path toward achieving a five-year development goal of opening 150 new schools by 2020.
Since its inception in 1988, The Goddard School has opened 462 locations with a commitment to developing 156 more units within the next five years, giving 156 families the opportunity to take control of their futures and own their businesses. This rate of growth will result in up to 3,900 new jobs and will benefit approximately 20,000 new students throughout the country.
In 2016, The Goddard School experienced a 100% franchisee renewal agreement rate, a major driver in The Goddard School’s growth, indicating that current franchisees are satisfied and want to continue operating Goddard Schools. The Goddard School awarded more franchise license agreements to existing franchisees in 2016 than in 2014 and 2015 combined. These licenses represented 40% of total licenses awarded in 2016 compared to 24% of the total in 2015, signaling that franchisees have experienced first-hand a continued rise in demand for superior early childhood education in the United States.
Key areas of growth for the brand in the coming year will focus on bringing The Goddard School’s play-based curriculum to new markets across the country, including its first school in Arkansas, coupled with a continued commitment to open schools in major metro areas that will accommodate Millennial parents living and working in their respective state’s city centers.
“With more parents in the workforce than ever before, the need for high-quality childcare has never been higher. With this in mind, we continually seek enterprising, hard-working entrepreneurs to help expand our system across the country in order to provide premium early childhood education to more and more families,” said Joe Schumacher, Chief Executive Officer of Goddard Systems, Inc. “The Goddard School experienced tremendous growth in 2016, and we plan on surpassing those openings in 2017 in an effort to ensure that more children have the opportunity to receive education that helps prepare them for success in school and in life.”
The play-based preschool franchise also plans to encourage more of its Schools to obtain P21 (Partnership for 21st Century Learning) exemplar status, which demonstrates that schools use exemplary 21st century learning practices in preparing students for success in college, career and life. In 2016, The Goddard Schools located in Concord Township, OH; Ladera Ranch, CA; Mooresville, NC; and Redmond, WA, were awarded P21 exemplar status. Other exemplar Goddard Schools include Cedar Park, TX; Cranberry Township, PA; Fort Mill, SC; Hendersonville, TN; and Rock Hill, SC. These nine Schools represent 75% of the nation’s preschools that have earned this distinction.
Long recognized as an industry leader, The Goddard School franchise has been consistently listed in Entrepreneur magazine’s“Franchise 500” ranking as one of the top childcare franchises since 2002.
For general information and franchising opportunities, please visit www.goddardschoolfranchise.com.
SOURCE The Goddard School
For Goddard Systems, Inc.
For Goddard Systems, Inc.