A prospective suburban franchise site for a Goddard School must meet the following criteria to be considered:
A prototype building size of 8,500 to 10,000 square feet and a playground area with a minimum of 8,500 square feet of exterior sod play area for a typical suburban school;
A minimum lot size of one acre with at least 150 feet of frontage;
Parking spaces for at least 32 cars;
A building size of 8,500 square feet or more for an existing metropolitan building we can retrofit. Space on the first floor is required. We will consider some locations with space on both the first and second floors. Access to a minimum of 5,000 square feet of contiguous playground area desirable, subject to state or local regulations;
Parking for pick up and drop off desirable;
A 15-year lease term with two five-year options;
A location in a zone that permits childcare.
The following site conditions are considered desirable for our childcare business locations:
Locations near residential communities, neighborhood business areas, office or corporate campuses and retail pad sites;
Locations near an open, planned or under construction elementary school;
Locations near single-family home construction and existing homes with high resale value.
The following sites are not considered desirable:
Sites near high-tension power lines or electrical sub-stations;