Page 14 - Franchise Collateral Flipbook

Primrose Real Primrose Schools has a dedicated Site Acquisition Team to help you find the Your Franchise Development Team
site that’s right for you and navigate the real estate process. We offer several
Estate Options development programs to accommodate different markets and financing
options for Franchise Owners.

Estimated Amount WENDY JONES VICE PRESIDENT, FRANCHISE SALES
INVESTMENT PURCHASE OPTION Category for a School — 2019 With more than 30 years of industry experience, Wendy Jones leads the Franchise
Initial Franchise Fee $50,000 – $80,000
(REAL ESTATE AFFILIATE DEVELOPMENT PROGRAM) Real Estate Fee Deposit $20,000 Development team at Primrose Schools. Wendy has had the opportunity to spend
Balance of Real Estate Fee $35,000 – $50,000 the past several years developing concepts both in Franchise Owner and Franchisor
Through this program, Franchise Owners own the land Other Real Estate and Development Costs $3,687,500 – $4,307,000
their Primrose school is built on and are responsible for Utility Security Deposits $10,000 – $30,000 roles. She combines her experience in franchising and her background in education
the development of their school. The Site Acquisition School Equipment and Supplies $222,000 – $340,000 to lead the growth of the business and of our current and prospective Franchise Owners.
Team assists in locating the land in the desired market Insurance $4,000 – $8,000
area. This program is most common in suburban markets Initial Training and Opening Support Fee $35,000
where land is more readily available. Marketing, Advertising, and Grand Opening $40,000 – $45,000
Initial Software License Fee $2,000 – $2,500
Transportation Vehicle $900 – $42,000 KIM FALK DIRECTOR, FRANCHISE DEVELOPMENT
Licenses $4,000 – $7,000 Kim is responsible for all elements of the search for Franchise Owners primarily in
Miscellaneous $10,000 – $45,000 the western United States. As a Certified Franchise Executive with nearly 15 years
Financing Cost $258,000 – $290,000
Additional Funds – 3 Months $180,000 – $420,000 of industry experience, Kim combines her background in education with her success
* See our FDD for a thorough explanation of these expenses.
Total $4,558,400 – $5,721,500* in business development to help Franchise Owners achieve their business dreams
and serve their communities.
Estimated Amount
Category for a School — 2019
LEASE INVESTMENT OPTION Initial Franchise Fee $50,000 – $80,000
Real Estate Fee Deposit $20,000
(PERMANENT LEASE PROGRAM)
Balance of Real Estate Fee $35,000 – $50,000
This program is ideal for schools in urban markets where Security Deposit for Lease and $0 – $125,000 JOHN PALUMBO DIRECTOR, FRANCHISE DEVELOPMENT
land is difficult to acquire. Rather than owning the land Limited Rent Guarantee Fee John is responsible for all elements of the search for Franchise Owners primarily
the school is built on, Franchise Owners lease the space Other Real Estate and Development Costs $2,288,000 – $2,994,500 in the eastern United States. With more than 15 years of experience in a variety
from a third party who owns the property or building. Utility Security Deposits $10,000 – $30,000 of franchise sectors, John believes in a multi-disciplinary approach to franchise
The Site Acquisition Team assists in finding the right School Equipment and Supplies $222,000 – $340,000 development and takes the time to ensure the How and Why are carefully and
space, and Franchise Owners are then responsible for Insurance $4,000 – $8,000
the development of their school. Initial Training and Opening Support Fee $35,000 strategically considered for each Franchise Owner to set them on the path to success.
Marketing, Advertising, and Grand Opening $40,000 – $45,000
Transportation Vehicles $900 – $42,000
Licenses $4,000 – $7,000
Initial Software License Fee $2,000 – $2,500
Miscellaneous $10,000 – $45,000
Financing Cost $232,000 – $233,000 MELISSA ALTMIX FRANCHISE DEVELOPMENT SPECIALIST
Additional Funds - 3 Months $180,000 – $420,000
* See our FDD for a thorough explanation of these expenses.
Total $3,132,900 – $4,477,000* Melissa supports the development process for prospective Franchise Owners in the
western portion of the United States. As a Certified Franchise Executive, she helps
Estimated Amount
Category for a School — 2019 individuals determine if becoming a Primrose Franchise Owner is right for them.
BUILD-TO-SUIT PROGRAM Initial Franchise Fee $50,000 – $80,000
Real Estate Fee Deposit $25,000
Depending on market availability, Franchise Owners may Security Deposit for Lease and
take advantage of the Built-to-Suit Program. Through this Limited Rent Guarantee Fee $0 – $125,000
program, the school property is owned and developed by School Equipment and Supplies $222,000 – $340,000
a third party with the guidance of Primrose Schools. The Insurance $4,000 – $8,000 AMANDA PAVEY FRANCHISE DEVELOPMENT SPECIALIST
Franchise Owners then lease the property from the third Initial Training and Opening Support Fee $35,000
party. This program is not available in every market. Marketing, Advertising, and Grand Opening $40,000 – $45,000 Amanda supports the development process for prospective Franchise Owners in
Please speak with a Franchise Development team Transportation Vehicles $900 – $42,000 the eastern portion of the United States. She is a Certified Franchise Executive
member to learn more. Licenses $4,000 – $7,000 and previously managed Successor Franchise Agreements for 350+ schools in
Initial Software License Fee $2,000 – $2,500 the Primrose system. She now uses her expertise to help individuals pursue their
Miscellaneous $10,000 – $45,000
Financing Cost $55,000 – $75,000 entrepreneurial dreams of owning a Primrose school.
Additional Funds - 3 Months $180,000 – $420,000
* See our FDD for a thorough explanation of these expenses.
Total $637,900 – $1,279,500*