3/10

Franchimp Summary Rating

3 /10
Higher than 72% of peers

Franchise Summary

Description
Primrose Schools is a well-established franchise that provides early childhood education and care through a unique curriculum focused on holistic development for children aged six weeks to five years. With strong franchise support, brand recognition, and a commitment to community involvement, Primrose offers a solid opportunity for entrepreneurs in the education sector.
Company Background
Primrose School Franchising Company, dba Primrose Schools, offers franchises for the establishment, development and operation of facilities operating under the Primrose Schools mark. Founded in 1997 by a team of educators with over 100 years combined experience in early childhood education and childcare services, Primrose Schools is dedicated to providing learning and educational oriented activities including child care services to children from six weeks to twelve years old.
Franchise Opportunity
Children are the future. They deserve to be educated in a way that's best for their growth and development, but what if you can't afford private school or don't live near one? Primrose Schools offer an affordable child care option with high educational standards that parents love. We have over 100 locations across the United States and Canada so you're never far from your favorite location. At Primrose School Franchising Company (PSFC), we believe every child deserves to attend a quality preschool program, regardless of family income or zip code. That's why we created our franchise opportunity--to help families find great learning opportunities while giving entrepreneurs like yourself the chance to build a business they can feel proud of!
Corporate Structure
Primrose School Franchising Company was incorporated in Georgia on September 1, 1988. Their principal business address is 3660 Cedarcrest Road, Acworth, GA 30101. As of August 1, 2018, their principal business address will be 3200 Windy Hill Road SE, Suite 1200E, Atlanta, GA 30339. They do business under the names Primrose School Franchising Company, PRIMROSE ,and PRIMROSE Schools. They have offered Franchises since 1988.
Investment and Franchisee Fees
The total investment necessary to begin ownership of a PRIMROSE franchise ranges from $4,558,400 to $5,721,500 assuming your real estate affiliate purchases the premises for your Facility (using the Real Estate Affiliate Development Program). This includes approximately $140,000 to $225,000 that must be paid to PSFC. Should you choose to lease the Facility from a developer or independent third party unaffiliated with you, the total investment necessary to begin ownership of a PRIMROSE franchise ranges from $637,900 to $4,477,000 (using the Build-to-Suit Program or Permanent Lease Program). This includes approximately $105,000 to $250,000 that must be paid to PSFC. Should 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 $4,528,400 to $5,676,500. This includes approximately $110,000 to $180,000 that must be paid to PSFC.
Royalties and Marketing Fees

Royalties : 2.0% of revenue

Management Team

# Name Position

Distribution of Primrose School Franchising Franchisees

Primrose School Franchising Franchise System Development in 2020

FAQ

How much investment do I need to start my own Primrose School Franchising business?
Franchisees typically require at least $3 to $7 investment to get their Primrose School Franchising business started
What are the initial franchise fees for Primrose School Franchising?
Franchisees typically need to pay at least $110 in fees directly to Primrose School Franchising in order to earn the right to launch their business
How much money can I make with a Primrose School Franchising franchise? What are the average revenues for a typical Primrose School Franchising business?
We haven’t done the math on how much revenue a typical Primrose School Franchising brings in each year. We estimate that other franchisees in the Professional Services industry generate $932,459 revenue, so we would expect Primrose School Franchising to generate a similar amount
How long do I need to commit to running a Primrose School Franchising unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

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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