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Primrose School Franchising Co.

2012 Franchise 500
#137
At a Glance

Products & Services: Educational child-care facility

Number of Locations: 230

Total Investment: $576.58K - 3.94M

Founded: 1982

Began Franchising: 1989

Private Owned

Franchise Units

Year U.S. Canadian International Company Owned
2011 229 0 0 1
2010 212 0 0 1
2009 205 0 0 1
2008 187 0 0 1
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.

Startup Costs, Ongoing Fees and Financing

Total Investment: $576,575 - $3,935,500
Franchise Fee: $70,000
Ongoing Royalty Fee: 7%
Term of Franchise Agreement: 11 years, renewable
Financial Requirements
Net Worth: $500,000
Liquid Cash Available: $350,000 - $460,000
Operations
60% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 30. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 1 week. At franchisee's location: 1 week. At existing location : 1 week.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,
Other marketing support: Radio

Franchise Ranking History

Franchise 500®: #137 (2012), #158 (2011), #180 (2010), #193 (2009), #164 (2008),