Primrose Schools Franchising Company
Yes, we actively support the inclusion and development of minority-owned franchises in the Primrose Schools Franchising Company system.
Primrose Schools Franchising Company 3660 Cedarcrest Rd.
Acworth, GA 30101
800#: (800) 291-2555 Tel: (770) 529-4100 Fax: (770) 529-1551
E-mail: kmusso@primroseschools.com
Web Site: www.primroseschools.com
Contact: Ms. Kim Musso, Dir. Franchise Recruitment
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
Established: 1982
First Franchise: 1989
Franchise Units: 189
Company-Owned Units: 1
Total Units: 190
Distribution:
> North America -- Operations in 13 States
> States/Provinces with Greatest Density: 37 in GA, 37 in TX, 10 in NC
Units Owned by Minorities:
>African-American: 0%
>Hispanic: 2%
>Asian-American: 0%
>Native American: 0%
>Other:
Average Number of Employees: 25 FT, 5 PT (FT = Full Time, PT = Part Time)
Space Needs: 8,500 SF; FS
(for abbreviations click here)
Financial Requirements
Cash Investment: $200-250K
Total Investment: $2.0-2.4MM
Average Total Investment: $2100K
Minimum Net Worth: $500K
Fees
>Franchise: $50K
>Average Franchise Fee: $50K
>Royalty: 7%
>Advertising: 1%
Provide Earning Claim Statement: Yes
Terms of Contract
Term of Contract (Years): 11/10/10
Passive Ownership: Not Allowed
Area Development Agreements:No
Sub-Franchising Contracts: No
Expand In Territory:No
Franchisor Support and Training Provided
Site Selection Assistance:Yes
Lease Negotiation Assistance: Yes
Cooperative Advertising: Yes
Franchisee Assoc. / Member: Yes/Yes
Size Of Corporate Staff: 35
On-Going Support: A,C,D,E,f,G,h,I (for an explanation click here)
Training: 1 Week Home Office; 1 Week at Existing School; 1 Week at Franchisee's New School.
Specific Minority Program(s) in Place: Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.
Franchisor's Specific Expansion Plans
U.S.: SW, SE, TX, OH, CO
Note: NR = No Response by Franchisor.
For a sample questionnaire click here.
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