Primrose Schools® was recently ranked a top 5 best franchise to buy in the high investment category by business publication Forbes Magazine. Rankings are based on a number of metrics, including system demand, value for investment, and franchisor stability. Primrose Schools has received this honor for four years – an impressive accomplishment for any brand.
Our leadership is demonstrated by our 10% year-over-year growth. We have more than 160 schools in the development pipeline and 31 new locations slated to open by year-end, including our milestone 400th location in Atlanta’s Westside. This growth also comes with impressive average annual revenues for our Franchise Owners at $2.1M for mature schools*.
CEO Jo Kirchner praised the Franchise Owners and Primrose Support Team for their part in helping the franchise achieve multiple prestigious rankings. “The recognition we received is an affirmation of our vision to deliver the best and most trusted early education and care for families across America,” Kirchner said.
Chief Development Officer Steve Fricker said that the rankings are important in attracting qualified candidates to become Franchise Owners. “Our recent ranking by Forbes Magazine is the ultimate validation for all the people who make Primrose great,” Fricker said.
In addition to the Forbes rankings, Primrose Schools has been ranked the #1 child care franchise by Entrepreneur Magazine three years in a row – all the while making our brand stand out as an impressive, rewarding franchise opportunity.
If you are interested in franchising with the brand Forbes Magazine calls one of the best franchises to buy, click here to request more information on our franchise opportunity.
* As disclosed in Item 19 of the Primrose Schools FDD dated April 30, 2019 (“FDD”). This figure reflects the average Gross Revenue achieved during the 2018 calendar year for 320 franchised schools with a capacity of 145 to 296 children that had been in operation for at least two years. 156 of the 320 schools (or 48.8%) achieved or exceeded the average Gross Revenue. You should review our FDD for details about this figure.