Franchise FAQ

how much does a primrose franchise cost

by Murl Nikolaus MD Published 1 year ago Updated 1 year ago
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How much do Primrose franchise owners make?

The average Primrose Schools Product Owner earns an estimated $110,629 annually, which includes an estimated base salary of $101,504 with a $9,125 bonus.

Is Primrose a good franchise?

Ranked #1 in Child Care category on Entrepreneur's List of Top Franchises in 2022 and #65 overall.

How many locations are for Primrose School?

465+ schoolsPrimrose SchoolsTypeFranchising companyHeadquartersAtlanta, Georgia , United StatesNumber of locations465+ schools (2021)Key peopleJo Kirchner, President and CEOParentRoark Capital Group5 more rows

Are Primrose Schools profitable?

Today, Primrose has 378 locations in 29 states, with 160 in the pipeline expected to open in the next three years, says Kirchner. Last year the home office netted $18 million in profits on $55.5 million in generated revenue, while the entire franchise system racked up nearly $709 million.

What is the Colour of Primrose?

Primroses, however, are found with a range in colour from deep red to almost white.

Who is the CEO of Primrose Schools?

Jo Kirchner (1999–)Primrose Schools / CEO

What is special about Primrose?

They often grow in grassland and woodland clearings. Primroses are one of the first flowers to bloom in spring. Their leaves are wrinkly with hairy undersides. Butterflies like the brimstone and benefit from this plant's nectar.

What is Primrose philosophy?

Based on modern research, Primrose believes young children learn best through integrated learning experiences, so instead of focusing on one subject at a time, teachers integrate multiple subjects into a single lesson.

What are the primrose characters?

Meet the Primrose Friends!Erwin® the Dog.Katie® the Cat.Benjamin® the Bear.Billy® the Duck.Og® the Bookworm.Megy® the Pig.Percy® the Rooster.

What was the origin of the name Percy for the primrose rooster?

Percy's name is a combination of Primrose founders, Paul and Marcy's names – “Pe” (Paul Erwin) and “rcy” (Marcy) = Percy.

What is the name of primrose corporate social responsibility program?

Primrose PromiseThese efforts are driven by our corporate social responsibility program – Primrose Promise – which aims to create a brighter future for all children through advocacy efforts focused on access to early education, safety and quality child care standards. It's our commitment to giving without expecting.

Where do primroses grow?

Primrose species grow in many varied locations from wet to dry and sun to shade. The primroses mentioned in this article prefer cool climates, are hardy in USDA Hardiness Zones 4 to 8, and thrive in humus-rich woodland sites. Some species bloom in late winter, most flower in early spring, and some in late spring.

How much money do you need to own a primrose?

In order to be considered as a Primrose Franchise Owner, you are required to have at least $350,000 - $1,200,000 in liquid assets and a net worth of $750,000 - $1,200,000. Request Free Information.

What is primrose school accreditation?

Education Accreditation: Primrose Schools chose an early education accreditation instead of a child care accreditation. Our AdvancED ® accreditation is the highest level an early learning school can achieve.

What is the goal of Primrose Schools?

Primrose Schools Franchise Owners come from many different fields, but they share a common goal—the desire to make a difference in the lives of children, families, and their local communities. They appreciate an opportunity where their skills are put to use managing staff, building relationships, and growing their enrollment base .

Who is the CEO of Franchise Update?

Franchise Update: Ranked CEO Jo Kirchner #8 on Franchise Update’s List of the Top 24 Women in Franchising in 2014 and 2017 Bonnie LeVine Award recipient.

Background

If you're a parent, you know how important it is to properly care for and educate your child. Picking the school where your child is educated can be one of the most consequential of your child's life.

Support and Training Offered By Primrose Schools

In terms of support and training, a franchisee can expect an extensive training program that consists of 92 hours of interactive classroom training, 34 hours of online training, 80 hours of onsite school training, and 6 months of pre-opening support. The franchise also offers franchise owners a Support Center.

Franchises Similar to Primrose Schools

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises.

When did they begin franchising?

They began franchising in 1988. The average Children's Services franchise began franchising in 2010.

Are there any Primrose Schools franchise opportunities near me?

Based on 2020 FDD data, Primrose Schools has franchise locations in 29 states. The largest region is the South with 272 franchise locations.

How much does a franchisor charge per hour?

The current hourly rate, plus all costs and expenses that the franchisor incurs (currently, $100 per hour for each trainer, not to exceed $750 per day for each trainer; subject to adjustment upon 30 days’ written notice).

How long is a franchise agreement?

Term of Agreement and Renewal: The length of the initial franchise term is 10 years from the opening date for the facility. If franchisees have complied with the Franchise Agreement and meet other conditions, they may be able to obtain two successor terms of 10 years each.

What are the obligations of a franchisee?

Obligations and Restrictions: Unless the franchisor approves otherwise in its sole discretion, the facility must at all times be under the direct on-premises supervision of an on-site owner, a director, and an assistant director. The franchisor requires franchisees to cause your management team, directors, and employees to agree to confidentiality provisions contained in the confidentiality agreement. In addition, the franchisor requires all Owners to sign a payment and performance guarantee, which requires each owner to personally guarantee the obligations under the Franchise Agreement and binds each owner to the confidentiality and non-compete provisions in the Franchise Agreement. Franchisees may use their facility only to provide learning, recreational, and child care services and activities in accordance with the system, and to sell merchandise which is approved by the franchisor in advance.

What is required by a franchisor?

In addition, the franchisor requires all Owners to sign a payment and performance guarantee, which requires each owner to personally guarantee the obligations under the Franchise Agreement and binds each owner to the confidentiality and non-compete provisions in the Franchise Agreement.

Do franchisees get exclusive territory?

Territory Granted: Franchisees will not receive an exclusive territory. Until the earlier of the second anniversary of the date franchisees signed the Franchise Agreement or the opening date (a) the franchisor and its affiliates will not establish, or license others to establish, other facilities (other than “Primrose on Premise” locations) in their development area, and (b) the franchisor will not have the right to unilaterally modify the development area, as long as they are in compliance with the Franchise Agreement. Once the facility opens, the development area shall cease to exist.

Can a franchisee use a facility?

Franchisees may use their facility only to provide learning, recreational, and child care services and activities in accordance with the system, and to sell merchandise which is approved by the franchisor in advance.

Does Franchise Direct sell your information?

Franchise Direct's reputation for integrity in the franchise industry has been established over our 20+ years in business. We NEVER sell your information or share it with anyone other than the companies from which you have requested information. Please view our privacy policy.

What is primrose school?

Primrose Schools were the main instructive kid mind establishments to accomplish accreditation from the Commission on International and Trans-Regional Accreditation (CITA), the Southern Association of Colleges and Schools Commission on Accreditation and School Improvement (SACS CASI) and the North Central Association of Commission on Accreditation ...

What is primrose contrast?

The Primrose contrast: The center of our kid mind establishment business is the authorize Balanced Learning educational modules. Created and instructed solely at Primrose Schools, Balanced Learning mixes kid started and educator coordinated projects for an instructive tyke mind encounter that is unparalleled.

What is a primrose school?

A Primrose Schools franchise is an opportunity to own a business in the $52.6 billion child care industry that is sure to continue growing. The Primrose School company provides marketing, training and a range of operational support from pre-opening throughout the growth phase.

When was Primrose School founded?

The first Primrose School was opened in 1982 in Marietta, Georgia, by Paul and Marcy Erwin, who utilized an innovative, broad learning philosophy. The Erwins first franchised their innovative early education model in 1990, and recruited Jo Kirchner, a working mother, to help guide growth of the franchise brand.

Is Primrose Schools a franchise?

Primrose Schools is listed in the Franchise Directory under the Children's category. It's also listed in the section for Franchises Under $400,000 .

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Section I – Primrose Schools Franchise Costs

  • Primrose Schools (build-to-suit program) franchise costs, based on Item 7 of the company’s 2022 FDD:
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Section III – Number of Franchised and Company-Owned Primrose Schools Outlets

  • Franchised
    2019 1. Outlets at the Start of the Year: 391 2. Outlets at the End of the Year: 418 3. Net Change: +27 2020 1. Outlets at the Start of the Year: 418 2. Outlets at the End of the Year: 445 3. Net Change: +27 2021 1. Outlets at the Start of the Year: 445 2. Outlets at the End of the Year: 465 3…
  • Company-Owned
    2019 1. Outlets at the Start of the Year: 0 2. Outlets at the End of the Year: 0 3. Net Change: 0 2020 1. Outlets at the Start of the Year: 0 2. Outlets at the End of the Year: 0 3. Net Change: 0 2021 1. Outlets at the Start of the Year: 0 2. Outlets at the End of the Year: 0 3. Net Change: 0
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Section IV – Background Information on The Primrose Schools Franchise

  • 16 Things You Need to Know About the Primrose Schools Franchise
    Launches Social-Emotional Development Tool Amid Pandemic 1. In late October 2021, Primrose Schools announced the launch of the Ages & Stages Questionnaires, Third Edition (ASQ-3) and Ages & Stages Questionnaires: Social-Emotional, Second Edition (ASQ:SE-2) – evidence-based s…
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Section V – Financial Performance Representations

  • This Item 19 presents information about the financial performance of franchised Facilities during the calendar year ending December 31, 2021 (“Calendar Year 2021”) and the first quarter of the 2022...
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