Primrose School vs RightTime KiDS Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Primrose School vs RightTime KiDS including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$636,900 - $6,771,000 | $138,500 - $313,500 |
Franchise Fee |
$80,000 | $31,500 |
Royalty Fee |
7% | - |
Advertising Fee |
2% | - |
Year Founded |
1982 | 2002 |
Year Franchised |
1988 | 2008 |
Term Of Agreement |
11 years | - |
Term Of Agreement |
11 years | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/Yes | -/- |
Start-up Costs |
No/Yes | -/- |
Equipment |
No/Yes | -/- |
Inventory |
No/Yes | -/- |
Receivables |
No/No | -/- |
Payroll |
No/No | -/- |
Training & Support |
Training |
- | - |
Support |
- | - |
Marketing |
- | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
- | - |
Canada Expansion |
No | - |
International Expansion |
No | - |
Company Overviews
About Primrose School
Primrose School Franchising Company trusts that as an effective expert, you may be at a point in your profession where you'd jump at the chance to enhance your personal satisfaction, pick up autonomy and make a noteworthy commitment to your group. And keeping in mind that cash isn't all that matters, a Primrose kid mind establishment can likewise give solid money related prizes.
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.
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 and School Improvement (NCA CASI), for meeting stringent principles on educational modules, well-being and instructor preparing. These prestigious affiliations have been perceived as the highest quality level in assessing nearby open and tuition based schools and colleges. Put resources into an adjusted vocation... what's more, life. On the off chance that you might want to take in more about how an arrival on your venture can be substantially more than recently money related, please investigate the quality of our business and the kid mind industry, survey our organization history and official administration group, and meet a portion of the establishment proprietors who have made Primrose School possession the vocation they had always wanted. A superb open door for achievement. In case you're intrigued, call 1-800-PRIMROSE to talk with our group.
The total investment necessary to begin ownership of a Primrose
franchise ranges from $4,497,500 to $6,771,000 assuming your real estate
affiliate purchases the premises for your Facility (under the Real
Estate Affiliate Development Program). This includes approximately
$140,000 to $235,500 that must be paid to the franchisor or an
affiliate.
If you engage a developer or independent third party
unaffiliated with you to develop the facility and lease both the real
estate and improvements back to you under the Build-to-Suit program, the
total investment necessary to begin ownership of a Primrose franchise
ranges from $636,900 to $1,279,000. This includes approximately $110,000
to $315,500 that must be paid to the franchisor or an affiliate.
If you choose to develop the Facility in a building or space leased from an
independent third party under our Permanent Lease Program, the total
initial investment necessary to begin ownership of a Primrose franchise
ranges from $3,131,900 to $4,560,700. This includes approximately
$140,000 to $360,500 that must be paid to the franchisor or an
affiliate.
If you have extensive real estate development and
construction experience and the franchisor permits you to develop the
Facility under our Independent Development Program, the total investment
necessary to begin ownership of a Primrose franchise ranges from
$4,527,400 to $6,726,000. This includes approximately $110,000 to
$190,500 that must be paid to the franchisor or an affiliate.
#9 in Gator's Top franchises.
#54 in Franchise 500 for 2020.
#67 in Franchise 500 for 2021.
About RightTime KiDS
The Right Opportunity for the Right Entrepreneurs
We're looking for highly motivated individuals to join us in building a world-class drop-in childcare system. We want entrepreneurs who:
* Enjoy working with children and parents
* Appreciate the service value of drop-in childcare
* Are hard-working, responsible and detail oriented
* Have high energy, an outgoing nature, and a self-starter mentality
* Are customer-service oriented
* Enjoy working with diverse groups of people
* Have professional email, phone, and in-person customer skills
* Have excellent verbal and written communication skills
* Possess strong leadership, motivation and delegation abilities
If this describes you, we want to hear from you!
Our franchise package includes:
* Site selection assistance
* Lease negotiations
* Custom-developed proprietary software
* Architectural layouts and build out
* Operations manuals
* Marketing templates and materials
* Equipment purchase
* On-site employee training
* Turn-key solutions to get you open quickly and economically
* Dedicated Project Manager to work with you every step of the way on your build out
* Volume discounts on many essentials for day-to-day operations
* Intranet for Franchise Owners, including interactive forum to share ideas and solutions
* RTK University Courses, Evaluations and Certifications for you and your employees, providing ongoing online training and education
* Listed on the SBA REGISTRY for preferred, expedited SBA lending for
RightTime KiDS' franchisees
* Members of the IFA (Int'l Franchise Association), MinorityFran and VetFran to enable eligible franchise owners to participate in the benefits offered by those programs
* Plus MUCH more!