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Below is an in-depth analysis and side-by-side comparison of Young Rembrandts vs Goddard Systems including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $44,405 - $51,555 | $697,100 - $863,600 |
Franchise Fee | $39,500 | $135,000 |
Royalty Fee | 10%-8% | 7% |
Advertising Fee | 1% | 3% |
Year Founded | 1988 | 1986 |
Year Franchised | 1997 | 1988 |
Term Of Agreement | 10 years | 15 years |
Term Of Agreement | 10 years | 15 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | Very few of our owners have a background in art. Our philosophy is based on the fact that creativity is teachable skill - and that includes our owners! | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/Yes |
Start-up Costs | No/No | No/Yes |
Equipment | No/No | No/Yes |
Inventory | No/No | No/Yes |
Receivables | No/No | No/Yes |
Payroll | No/No | No/Yes |
Training & Support |
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Training | Comprehensive one week training by a team of professionals with hands on experience in managing and growing an extensive territory - Unparalleled continuous training and support earned us a 97% above average rating in "accessibility and responsiveness." (based on 3rd party Franchise Business Review survey) On-The-Job Training: 9 hours Classroom Training: 36 hours | Think you need education experience to open a Goddard School franchise? Think again. Our team will teach you the skills you need to operate a high-quality preschool. Developed specifically for Goddard School teachers and directors, Goddard Systems University (GSU) provides training for faculty, too. Designed specifically for Goddard School teachers and directors, Goddard Systems University (GSU) provides ongoing training and faculty development. GSU’s exclusive training series coaches teachers in various areas, all of which focus on providing excellent care to children. To help reinforce the training GSU provides, our Quality Assurance (QA) team regularly reviews each School’s procedures and program performance. It also offers guidance on how to continuously improve each School for the benefit of the children and their families. On-The-Job Training: 400 hours Classroom Training: 138 hours Additional Training: IACET training for teachers & directors |
Support | Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform | The beauty of The Goddard School model is that you go into business for yourself, not by yourself. Our team of knowledgeable professionals will assist you with everything from marketing to IT and more. Our leadership team consists of experts who guide The Goddard School Franchise while providing support to franchisees. Dedicated, Experienced, Knowledgeable. The goal of The Goddard School Franchise is to provide franchisees with an extensive support structure to ensure consistency of programs and services for our customers as well as to offer guidance to franchisees as they achieve their personal goals as business owners. Franchise Business Consultants (FBCs) from our Field Operations team regularly visit Schools and check in with franchisees to provide ongoing support. Each FBC is also available via email and phone to assist franchisees. A team of trained experts guides each franchisee through the opening process as well. |
Marketing | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | Getting word out about your Goddard School franchise is crucial for lead generation and enrollment. Our Marketing, Advertising & PR department develops the marketing and advertising materials to help you create awareness of your School through radio, television, search engine marketing and more. |
Operations |
Franchise can be run from home.
Number of employees needed to run franchised unit: 2 - 20
Absentee ownership of franchise is NOT allowed. New curriculum is developed on an ongoing basis, and owners do not pay for new materials/updates. |
20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 25 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | Yes | No |
International Expansion | Yes | Yes |
This is your opportunity to own a recession-resistant business
offering a unique educational service that's in high demand. What's more, there's limited competition, powerful support from a credible international brand, and the opportunity to replace your corporate income while spending time in the community.
A proven business model that has been successful for over 20 years
Ranked in the Top 500 Franchises by Entrepreneur magazine 6 years in a row
*Flexible hours allowing time for family
*Strong support and continual training from Home Office
*Strong support and communication between franchisees
*Modest start-up and low operating expenses
If you are someone who wants to:
* Be your own boss
* Escape corporate pressures
Expansion Opportunities
US/Canada/International Opportunities: Individual Units available in Canada.
Master Territories available in all other countries
Territory Availability: Territories available in all US States, except AZ (sold out)
Master Licensing: Available Internationally only
An Invaluable Product
Young Rembrandts teaches drawing, the fundamental skill of all the visual arts, to children aged 3.5 to 12. Each week, with our proprietary teaching method and unparalleled curriculum, students participate in an engaging and exciting lesson that not only develops technical ability, but develops classroom and social skills that are critical to both academic and life long success.
Are you ambitious to succeed and be a leader in your community?
Do you have good management and business experience?
Do you possess good communication and interpersonal skills?
If so, then we need to talk..