Daycare Franchise Cost

Starting your journey in owning a Goddard School is an exciting step, but it does involve some initial investments. Learn more about the franchise fees below.

How Much Does it Cost to Open a Daycare?

The exact amount needed to set up a franchise can vary depending on your chosen location and other factors. These investments encompass various expenses such as franchise fees, marketing costs, finding an appropriate location, initiating operations, and ongoing expenses post-launch. On average, our franchise owners typically invest between $879,950 and $1,229,950 to turn their franchise aspirations into reality.

When you become a part of the Goddard School Family, we recognize the substantial financial commitment involved. However, our proven track record demonstrates the success of our system. Your initial investment forms the foundation for your school's success within our established roadmap. It is essential to thoroughly evaluate and understand every line item in owning a Goddard School. Rest assured, we are here to provide support and guidance at every stage of your journey!

Three kinds of financial investments are required to own and operate a Goddard School. They include the following:

 

Initial Franchise Cost & Support Fees

$260K - $280K

The initial costs consist of the franchise fee, training fee, and initial marketing fee, along with additional components like the site development assistance fee and other administrative costs. Addressing these initial costs associated with the daycare or preschool franchise helps establish a successful and reputable early childhood education venture within the selected community. 

School Opening Costs

$475K - $647K

The cost to open a daycare franchise includes furniture, equipment, curricular materials, marketing materials, computer systems, security systems and other miscellaneous expenses.  These exclude real estate, which depends primarily upon building size, location, configuration, financing, and other details outlined in our Franchise Disclosure Document (FDD).

Post-Opening Costs

$144K - $302K

Post-opening costs consist of expenses such as accreditation, payroll, and rent. These ongoing financial considerations ensure the maintenance of your preschool's educational excellence and its role as a nurturing space for both students and staff.

Build a Goddard School to fit the needs of your community

Our flexible approach allows you to create an educational atmosphere that perfectly aligns with the aspirations and preferences of the families you serve. With the franchise cost covering essential components, you'll have the opportunity to craft an environment that promotes growth, learning, and development while nurturing a strong sense of belonging. From curriculum choices to facility design, you'll have the freedom to shape a school that becomes an integral part of the community, providing children with a remarkable foundation for their future.

Below is a breakdown of the estimated total investments required to build a Goddard School.

Lease Property from Landlord

CategoriesEstimated Amounts
  
Initial License Fee$135,000
Initial Training and Opening Support Fee$35,000 - $42,000
Initial Marketing Fee$55,000 - $75,000
Site Development Fee$35,000
Background Check$1,500 - $6,000
Convention Deposit$2,000
Lease Deposit$20,000 - $50,000
Three Months Rent$70,000 - $120,000
Furniture, Fixtures and Equipment$214,000 - $259,000
Marketing Materials, Stationery, Forms, and Curricular$6,000 - $7,000
Signs$20,000
Computer Systems, IT Security, Network Equipment$26,000 - $40,000
Security Systems$15,000
Miscellaneous Opening Costs$98,000 - $108,000
Accreditation$2,850 - $3,850
Additional Funds (3 months)$100,000 - $275,000
  
Estimated Total$902,500 - $1,309,000

Purchase the Land and Build the School

CategoriesEstimated Amount
  
Initial License Fee$135,000
Initial Training and Opening Support Fee$35,000 - $42,000
Initial Marketing Fee$55,000 - $75,000
Site Development Fee$35,000
Background Check$1,500 - 6,000
Convention Deposit$2,000
Furniture, Fixtures and Equipment$214,000 - $259,000
Marketing Materials, Stationery, Forms, and Curricular$6,000 - $7,000
Signs$20,000
Computer Systems, IT Security, Network Equipment$26,000 - $40,000
Security Systems$15,000
Miscellaneous Opening Costs$98,000 - $108,000
Accreditation$2,850 - $3,850
Additional Funds (3 months)$100,000 - $275,000
Land Acquisition Cost$600,000 - $1,400,000
Building Construction and Site Work$3,500,000 - $5,500,000
Building Loan/Finance Costs$200,000 - $300,000
Construction Manager$0 - $50,000
Environmental and Soil Testing$0 - $5,000
  
Estimated Total$5,182,500 - $8,514,000

Why Invest in A Goddard School?

Families are finding it harder to find high-quality early education and care due to a growing demand that often outpaces available resources. This is creating significant issues for families, employers, and communities, as the lack of accessible and reliable early education options can place parents in a difficult position and hinder workforce participation. Your dedication to providing an exceptional educational environment not only supports working parents by offering them peace of mind but also contributes to the overall well-being and development of young children in your area. This collective effort strengthens the foundation of the community, nurturing a generation of capable and curious learners, well-equipped to excel in their educational journey and beyond.

 


Testimonials

Your Journey Starts Here

Interested in joining the Goddard Family as a franchisee? Request more information to get the process started.

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