Primrose School vs Hooray for Books Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Primrose School vs Hooray for Books including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Primrose School Franchise
Hooray for Books Franchise
Investment $636,900 - $6,771,000$35,000 - $100,000
Franchise Fee $80,000N/A
Royalty Fee 7%-
Advertising Fee 2%-
Year Founded 1982-
Year Franchised 1988-
Term Of Agreement 11 years10 years
Term Of Agreement 11 years10 years
Renewal Fee --


Business Experience Requirements
 
Primrose School Franchise
Hooray for Books Franchise
Experience -A teaching degree is not required, although it is welcomed. Our educational expert has created top-notch lessons that any smart cookie can teach. We do however, require you to have a passion for education, reading, baking, washing dishes, and of course, children!

Financing Options
 
Primrose School Franchise
Hooray for Books Franchise
  In-House/3rd PartyIn-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
 
Primrose School Franchise
Hooray for Books Franchise
Training -There is a comprehensive 5 day training program at our headquarters. As part of your franchise fee you and one other person will receive complete training on all aspects of running a successful Hooray for Books franchise.
Support -When you succeed, so do we. We will offer ongoing support to ensure your success from marketing and advertising to new trainings.
Marketing --
Operations --

Expansion Plans
 
Primrose School Franchise
Hooray for Books Franchise
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.

"Top            "Entrepreneur
#9 in Gator's Top franchises.
#54 in Franchise 500 for 2020.
#67 in Franchise 500 for 2021.







About Hooray for Books

If you want to find something you are passionate about, something more than just a job, then Hooray for Books may be right for you! One of the best benefits of owning a HFB franchise is that you make your own schedule. With the flexibility to map out class times that work for you, and the ability to hire a teacher so you can focus on the operations side, HFB truly is a great business opportunity for anyone with a family. Not Your Average Franchise -Many people dream of being an entrepreneur, but moms have the time demands that can make it tricky to start from scratch. Don't let the term franchise mislead you! An HFB franchise promotes a happy life/work balance, a flexible schedule and our strategies increase employee loyalty and productivity because a mom of five invented them! We sell enthusiasm and genuinely love what we do. Can you say that if you are selling carpet cleaner or doo-dads all day? Are you motivated to build your own successful business? We have the recipe for success. All you need is the drive to succeed, a passion for teaching children, and a love for reading. Along with onsite training you will get the lesson plans, direction, mentoring and all the steps needed to make your business take off (no teaching degree required!) We offer the general blueprint for your success! happy Are you a former or current teacher? Perhaps you love children, but the public school doesn't seem like the right fit anymore. Hooray for Books allows you to be your own boss while reaping the benefits of teaching and enriching the lives of children. Since running a business is very different from teaching, some business experience is a plus (or find a business-minded friend and be co-owners!)