Award-Winning Preschool Franchise Nearing 500 Locations Nationwide

The Goddard School Opens 23 Schools in 2016

KING OF PRUSSIA, Pa.–(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.

Contacts

For Goddard Systems, Inc.
Brandy Shuman, bshuman@konnectagency.com
Emily
Johnston, ejohnston@konnectagency.com
213-988-8344
http://www.konnectagency.com

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