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Entrepreneur: Start & Grow Your Business

Primrose School Franchising Co.

Educational child-care facility

Background

Founded: 1982 Franchising since: 1989
3660 Cedarcrest Rd.
Acworth, Georgia 30101
Phone:
(800)774-6767/ (770)529-4100


Franchisor is a privately-held company with 33 employee(s); 3 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 205 0 0 1
2008 187 0 0 1
2007 170 0 0 1
2006 156 0 0 1
2005 135 0 0 1

Where Seeking Franchisees
In the U.S. Alabama, Arizona, Colorado, Florida, Georgia, Illinois, Indiana, Kansas, Maryland, Nebraska, North carolina, Ohio, Oklahoma, Tennessee, Texas, Virginia

Exclusive territories available.

Costs and Fees

Total investment: $250K-4M
Franchise fee: $70K
Ongoing royalty fee: 7%
Term of agreement: 11 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No Yes
Equipment No Yes
Inventory No Yes
Accounts Receivable No Yes
Payroll No Yes

Qualifications
Net worth requirement: $500K
Cash liquidity requirement: $350K-460K
Business Experience:
  • General business experience
  • Marketing skills
  • People skills

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)

Training and Support

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

Rankings

Franchise 500® rank:
#193 (2009); #164 (2008); #188 (2006); #264 (2005);