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Primrose Schools Franchising Company
Educational child-care franchise, offering a traditional pre-school curriculum and programs while also providing quality childcare services. Site selection assistance, extensive training, operations manuals, building plans, marketing plans and on-going support.
Franchisor Background
Year Established: 1982Franchising Since: 1989IFA Member
Operating Units: Franchised Units: 226 99.6% Company-Owned Units: 1 0.4% ______ _____ Total Operating Units: 227 100% Geographic Distribution: U.S.: 201 100% In 15 States Canada: 0 0% In 0 Canadian Provinces International: 0 0% In 0 Foreign Countries ______ _____ Total: 201 100% North America: States/Provinces with the largest number of operating units: Density Units 1. Georgia 37 2. Texas 37 3. North Carolina 10
Registered in Following Registration States: California, Florida, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Oregon, South Dakota, Virginia, District Of Columbia Financial Requirements
Investment: Minimum Net Worth: $500K Cash Investment: $350-500K Total Investment: $2.8-3.9MM Average Total Investment: $3350K Fees: Initial Franchise Fee: $70K Average Franchise Fee: $70K On-Going Royalty: 7% Average Royalty: 7% Advertising Fee: 1%
Average Number of Employees: 25 Full-time, 5 Part-timeSpace Needs (in square footage): 8,500Preferred Sites: Free-standing BuildingOther Sites: Encourage Conversions? Not ApplicableEarnings Claims Provided? YesListed in the SBA Registry? NoSupport and Training
International Franchise Association: Yes Canadian Franchise Association: No Franchisee Association/Member: Yes, Member Size of Corporate Staff: 35 Site Selection Assistance? Yes Lease Negotiation Assistance? Yes Financial Assistance? Yes, Direct Marketing Support: Co-Op Advertising: No National Advertising: No Regional Advertising: No Local Advertising: No Marketing Materials: None Specified Additional Services: None Specified Other Marketing Support: None Specified On-Going Support: Central Data Processing: Included in Fees Central Purchasing: Not Applicable Field Operation Evaluation: Included in Fees Field Training: Included in Fees Initial Store Opening: Included in Fees Inventory Control: At Additional Cost Franchisee Newsletter: Included in Fees Regional or National Meetings: At Additional Cost 800 Telephone Hotline: Included in Fees Training: 1. Home Office 1 Week 2. Existing School 1 Week 3. Franchisee's New School 1 Week
Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important): Financial Net Worth: 5 General Business Experience: 5 Specific Industry Experience: 1 Formal Education: 4 Psychological Profile: 5 Personal Interview(s): 5
Minority Representation
Units Owned by Minorities: African-American: 0% Asian-American: 0% Hispanic: 2% Native American: 0% Other: N/A Specific Minority: Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.
Terms of Contract
Term of Initial Contract: 11/10/10 Year(s) Term of Renewal Period: Year(s) Passive Ownership: Not Allowed Area Development Agreements? No Sub-Franchising Contracts? No Franchisees Allowed to Expand Within Territory? No
Expansion Plans
Projected New Units Over Next 12 months: 15
U.S.: Yes, SW, SE, TX, OH, CO Canada: No Overseas: No
