SBA 7(a)/504 FOIA · FY1991–PRESENT · NEW YORK
The Goddard School franchise in New York: what the public record shows
Franchisees of The Goddard School in New York have taken 15 SBA loans since 1991 (average $1,360,000)— too few resolved loans in-state to publish a local failure rate (we require a resolved cohort, never extrapolate), so the brand's national rate of 2.9% is the better guide.
Loans in NY
15
Resolved
6
Local charge-off
thin
National charge-off
2.9%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = NY. Charge-off rate = charged-off ÷ (charged-off + paid-in-full); open loans excluded. A local rate is published only when the resolved cohort clears our floor of 30 loans.
Businesses in this industry
7,543
statewide, all operators
Per 100k residents
38
national 26.5
Versus the country
+43%
denser
Every business in The Goddard School's industry operating in New York — franchised and independent — from the Census Bureau's County Business Patterns (2023), against 2024 population estimates. Counter-intuitively, density is not a warning: across 198 brand-state cells in our loan data, the densest quartile charges off at 5.6% versus 18.1% in the thinnest. A crowded market is usually proven demand; an empty one is often empty for a reason.
| System | Loans in NY | Local charge-off | Units in NY |
|---|---|---|---|
| The Learning Experience | 34 | 7.7% | — |
| Kiddie Academy | 33 | 14.3% | — |
| Tutor Time | 21 | 0.0% | — |
| SYLVAN LEARNING, SYLVAN LEARNING CENTER, SYLVAN | 17 | 16.7% | 13 |
| Huntington Learning Center | 9 | thin | — |
| Goldfish Swim School | 6 | thin | — |
| School of Rock | 6 | thin | — |
Same sector, same state, same public records — how The Goddard School compares to the systems a buyer in New York would actually be choosing between. Local rates under 10 resolved loans are marked thin, not hidden.
A broker is paid by the franchisor to place you. An independent CPA is paid by you — and the job is pressure-testing The Goddard School's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →