Primrose School vs EuroKids Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Primrose School vs EuroKids 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 | $103,000 - $206,000 |
Franchise Fee |
$80,000 | N/A |
Royalty Fee |
7% | - |
Advertising Fee |
2% | - |
Year Founded |
1982 | - |
Year Franchised |
1988 | - |
Term Of Agreement |
11 years | - |
Term Of Agreement |
11 years | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | * Enjoy working with young children.
* An entrepreneurial spirit and strong desire to succeed
* The ability to manage finances
* A willingness to personally devote full time and best efforts to the day-to-day operation of the EuroKids Pre School
* A willingness to complete a comprehensive training program and become proficient in all aspects of operating a EuroKids Pre School.
* Financial resources
* Committed to the cause of providing good quality education to young children.
|
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 |
- | EuroKids India trains qualifying Franchisees in the EuroKids curriculum and delivery method, as well as business strategies for owning and operating a successful EuroKids franchise. In addition to this franchisees also take part in our continuing skill enhancement programs. |
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 EuroKids
To qualify to be a EuroKids franchisee you will need to possess a minimum area of 1500 sq feet (self owned or rented) in a quiet, tranquil and peaceful locality. The premises should be on the ground floor with an open outdoor area to match which will act as the outdoor play area. The premises should also have independent access, attached toilet facilities and should be well ventilated. Preference will be accorded to independent houses with above mentioned minimum facilities.
The initial investment will be in the range of INR 5,00,000/- to INR 10,00,000/- The initial investment would be towards ambience and equipment costs and would include the start up franchisee.
Please also note that the initial investment is dependent on the model of the Pre-School and could vary based on location and other factors.
Selected franchisees will undergo an extensive training program on the business strategies for owning and operating a successful Pre-School. In addition to these franchisees and their staff members will receive initial and continuous training for the EuroKids curriculum and the delivery method.
But the fundamental requirement to be a EuroKids franchisee is the commitment to help carry forward our ambition of making learning a fun experience for kids. So if you love working with children EuroKids is the best opportunity you could ask for!