To expedite franchise growth in communities where early childhood education options are limited, Primrose Schools, with more than 200 locations nationwide, announced it has launched two new incentives for prospective franchise candidates in the following areas: Chicago, Philadelphia, New Jersey, Boston, Baltimore, and Washington D.C. markets.
Effective immediately, Primrose Schools will reduce royalty fees by 5 percent for new franchise owners who sign agreements before November 1, 2010 in designated markets. During their first 12 months in operation, these owners would pay 2 percent royalty fees to the corporate office versus the company’s standard 7 percent. In addition, to encourage growth in current under-penetrated markets, Primrose Schools is offering to reimburse potential franchise owners up to $35,000 in relocation expenses for any owner opening a new school more than 100 miles from their current home. More.
