3/10

Franchimp Summary Rating

3 /10
Higher than 72% of peers

Franchise Summary

Description
Primrose School Franchising Company dba Primrose Schools ("PSFC") offers franchises for the establishment, development, and operation of facilities operating under the Primrose Schools mark, which provide learning and educational oriented activities, including child care services, to children from six weeks to twelve years old (each, a "Facility").
Company Background
Primrose School Franchising Company, dba Primrose Schools is a child care franchise which provides learning and educational oriented activities to children from six weeks to twelve years old.
Franchise Opportunity
Daycare is expensive, and finding a good daycare center can be difficult. Primrose Schools offers affordable tuition for high quality child care. Parents love our schools because we offer outstanding curriculum, small class sizes (no more than 12 children per teacher) and an emphasis on early education that prepares your child to succeed in school. We focus on building strong relationships between teachers and students so that every student feels safe, loved, cared for and challenged at the same time. Our one-on-one attention helps children develop social skills like sharing and taking turns; as well as cognitive skills including math concepts such as counting money or shapes; writing letters of the alphabet; learning colors; singing songs & playing instruments. In addition to academic support, we also provide extra enrichment activities such as music lessons & sports programs which promote physical development! --- The Primrose School franchise program has been awarded "Best Franchise" by Entrepreneur magazine three years in a row!
Corporate Structure
Primrose School Franchising SPE, LLC is a Delaware limited liability company formed on July 17, 2019. Their principal business address is 3200 Windy Hill Road SE, Suite 1200E, Atlanta, GA 30339.
Investment and Franchisee Fees
The total investment necessary to begin ownership of a Primrose® franchise ranges from $4,497,500 to $6,771,000 assuming your real estate affiliate purchases the premises for your Facility (under the Real Estate Affiliate Development Program). This includes approximately $140,000 to $235,500 that must be paid to the franchisor or an affiliate. If you engage a developer or independent third party unaffiliated with you to develop the facility and lease both the real estate and improvements back to you under the Build-to-Suit program, the total investment necessary to begin ownership of a Primrose® franchise ranges from $636,900 to $1,279,000. This includes approximately $110,000 to $315,500 that must be paid to the franchisor or an affiliate. If you choose to develop the Facility in a building or space leased from an independent third party under our Permanent Lease Program, the total initial investment necessary to begin ownership of a Primrose® franchise ranges from $3,131,900 to $4,560,700. This includes approximately $140,000 to $360,500 that must be paid to the franchisor or an affiliate. If you have extensive real estate development and construction experience and the franchisor permits you to develop the Facility under our Independent Development Program, the total investment necessary to begin ownership of a Primrose® franchise ranges from $4,527,400 to $6,726,000. This includes approximately $110,000 to $190,500 that must be paid to the franchisor or an affiliate.

Employee Contact Database

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Distribution of Primrose K Schools Franchisees

Primrose K Schools Franchise System Development in 2022

FAQ

How much investment do I need to start my own Primrose K Schools business?
Franchisees typically require at least $2,611,900 to $8,454,000 investment to get their Primrose K Schools business started
What are the initial franchise fees for Primrose K Schools?
Franchisees typically need to pay at least $121,000 in fees directly to Primrose K Schools in order to earn the right to launch their business
How much money can I make with a Primrose K Schools franchise? What are the average revenues for a typical Primrose K Schools business?
We haven’t done the math on how much revenue a typical Primrose K Schools brings in each year. We estimate that other franchisees in the Professional Services industry generate $932,459 revenue, so we would expect Primrose K Schools to generate a similar amount
How long do I need to commit to running a Primrose K Schools unit? What is my contractual commitment?
Primrose K Schools franchisees are typically required to sign up to a 10 year contract initially. The renewal length is 10 years. You can of course exit early but don’t expect to get any refund!

Accessibility

3 /10
The Franchisor's investment costs ranges from $348,559 to $579,134 which is Much Higher than the $0 to $0 average in the Child-Related industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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