Primrose School vs I Know Science STEM Center & Toy Store Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Primrose School vs I Know Science STEM Center & Toy Store including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Primrose School Franchise
I Know Science STEM Center & Toy Store Franchise
Investment $636,900 - $6,771,000$121,000 - $204,500
Franchise Fee $80,000$60,000
Royalty Fee 7%6%
Advertising Fee 2%-
Year Founded 1982-
Year Franchised 1988-
Term Of Agreement 11 years-
Term Of Agreement 11 years-
Renewal Fee --


Business Experience Requirements

 
Primrose School Franchise
I Know Science STEM Center & Toy Store Franchise
Experience --

Financing Options

 
Primrose School Franchise
I Know Science STEM Center & Toy Store 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
I Know Science STEM Center & Toy Store Franchise
Training --
Support -Our support system is consistent throughout the lifetime of our partnership and we assist you every step of the way. If becoming a business owner is appealing to you and you have a passion for being part of an industry that makes a fantastic, long-lasting, and positive impact in the community, then owning your own I Know Science™ STEM Center & Toy Store would be one of the most rewarding experiences in your lifetime.
Marketing --
Operations -IKS has developed a simple and straightforward approach to an edutainment business that is easy to learn and execute. You will leave training with the right tools, knowledge, support, attitude and confidence needed to start and grow your own successful edutainment business through the I Know Science brand. Territories will be based on a population no less than 75,000 with a specific market as well as a geographical radius. Other factors that are considered are, number of homes in the area, median household income, existence of competition, rent, and more. We will support you in finding the right location. I Know Science™ exclusive territories are one of the key benefits we offer and are only available to you as an early franchisee. Certain territories can offer a competitive advantage in the sales/marketing environment. Please contact us to discuss available territories and or your preferred territory.

Expansion Plans

 
Primrose School Franchise
I Know Science STEM Center & Toy Store Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion NoYes

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 I Know Science STEM Center & Toy Store

I Know Science™ STEM Center & Toy Store cleverly combines STEM education and entertainment. The IKS business model is innovative and leading-edge in its products and services, unique in its delivery, and profitable in the rapidly growing edutainment industry. Edutainment is the trailblazing way for recreational activities for children in the 21st century.
Parents clearly see the lasting value of investing in their kids by purchasing educational STEM toys or signing up for a STEM program. Furthermore, they enjoy the practicality of finding many quality services from one business, which they can trust, granting them a simple way to plan their kids’ activities and events.
Children that join any of the services and/or purchase our products walk away having had an enriching experience unlike any other, one they’ll remember for years to come. The IKS impact is exceptionally positive to their development and self-esteem. Hence, IKS STEM Center and Toy Stores are becoming one of the most welcomed, loved, and desired businesses in communities.