New 20-Year Lease with 2.00% Annual Increases
– The tenant will sign a new 20-year lease at the close of escrow.
– The lease has no landlord responsibilities and offers 2.00% annual increases throughout the base term.
– In addition to the 20-year base lease term, the tenant has two, five-year options to renew with the same rent increase structure annually.
Ascend Learning Partners (ALP) – Plans to be the Largest Goddard Operator in the Country
– ALP is dedicated to creating exceptional experiences for the families we serve and empowering the educators who make it possible.
– The goal is to grow to 20-30 Goddard School locations across country through new development and acquisition.
– ALP team consists of advisors that have been in the early education industry for a combined 60+ years.
Strategic Partners with Upside Growth Partners (UGP) to Fuel Expansion
– UGP brings a breadth of industry expertise and functional experience to bear on our vision for this platform.
– UGP have a track record of success with companies of similar industry, size, age, and stage as many Goddard franchisees.
– UGP has direct experience executing on de novo growth in child services and acquiring & integrating owner-operated businesses into successful platforms.
Long Term Tenancy at Location – 96%+ Enrolled
– In operation since 2007, this school has had a long-standing relationship with families in the Knoxville community.
– The school is currently wait-listed through 2027 for infants and much of 2026 for preschool.
The Goddard School – 600+ Locations In 38 States
– The Goddard School brand has been in operation for 30+ years.
– 2024 Entrepreneur Franchise 500 ranks Goddard #68 for its franchise rankings.
– Goddard serves children as young as 6 weeks old to 6 years old.
Over $86,000,000 Spent on Education & Daycare in a 5-Mile Radius
– A strong focus on education and early childhood development can make a city more attractive to businesses and skilled workers, contributing to overall economic growth.
– Participants in early childhood programs are more likely to enroll in college and potentially experience higher earnings in adulthood.
