Primrose School vs Kidz Watch Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Primrose School vs Kidz Watch 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 | $127,000 - $214,500 |
Franchise Fee |
$80,000 | $25,000 |
Royalty Fee |
7% | - |
Advertising Fee |
2% | - |
Year Founded |
1982 | 2002 |
Year Franchised |
1988 | 2003 |
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 |
- | Yes |
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 Kidz Watch
Do you want to make an incredible contribution to your community while experiencing tremendous business success at the same time? The single unit Kidz Watch franchise opportunity is for you. Our unique hourly, drop-in and flexible full-time childcare service serves an urgent need in communities everywhere.
When a new Kidz Watch Drop-In Childcare center opens its doors grateful parents stream in with their children, eager to take advantage of our trusted and user-friendly service .
A successful Kidz Watch franchise applicant is guided every step of the way by our experienced corporate team at Kidz Watch headquarters. As a franchisee you receive the full benefit of our industry-leading seven-plus years in the short-term childcare business including:
Site selection & center-design
Business Plan and Business Operations training
Administrative and State Regulations Compliance Training
Employee and Caregiving Systems Training - including our on-site "Kidz Watch University" course at our corporate centers in Toledo, OH
Full Marketing Support, including administration of your in-store Customer Relationship Management ("CRM) system.
Ongoing Training and Quality Service Inspections by the Kidz Watch Corporate Team.
The Kidz Watch multi-unit franchise opportunity is ideal for an individual or company looking to capitalize on uncontested market space. In using the unique and proprietary Kidz Watch system for providing hourly, drop-in and flexible full-time childcare, investors can bring a successful service delivery system to their city or community that likely does not yet have a presence and/or competitor for this segment of the commercial childcare industry. The Kidz Watch concept lends itself well to multi-unit development. Our centers are boutique style as compared to traditional childcare facilities and our build-outs are able to customize to virtually any commercial space. Each Kidz Watch serves a relatively tight surrounding market, thereby allowing for easy multi-unit expansion and management.
To the successful Kidz Watch
Multi-Unit Franchise applicant, Kidz Watch offers complete training and guidance in all phases of lead-up, development and operations. Kidz Watch also manages marketing and customer relationship management ("CRM") for all its Kidz Watch franchisees.
Exclusive to multi-unit franchisees who may desire a more passive investment, Kidz Watch makes available additional operational management services outside of its standard franchise agreement.