PRIMROSE SCHOOLS

Source filing: WI · filed 2026-04-24

Item 5 — Initial franchise fee

$80,000 [p.29 · WI · 2026-04-24]

Item 6 — Recurring fees (royalty & advertising)

Continuing Services and Royalty Fee (the “Royalty Fee”)See FDD [p.35 · WI · 2026-04-24]
Primrose® Brand Fund Fee (the “Brand Fund Fee”)See FDD [p.35 · WI · 2026-04-24]
Local AdvertisingSee FDD [p.35 · WI · 2026-04-24]

Full Item 6 schedule (including one-time and conditional fees) is in the FDD itself.

Item 7 — Estimated initial investment (total)

$5,016,600 [p.42 · WI · 2026-04-24] $7,960,300 [p.42 · WI · 2026-04-24]

Base single-franchise offering as stated in the FDD's total row. Multi-unit or area-development formats are not broken out here.

Item 20 — Outlets

Franchised outlets at start of year525 [p.97 · WI · 2026-04-24]
Franchised outlets at end of year557 [p.97 · WI · 2026-04-24]
Net change in franchised outlets32 [p.97 · WI · 2026-04-24]
Transfers21 [p.99 · WI · 2026-04-24]
TerminationsNot disclosed
Non-renewalsNot disclosed
Ceased operations (other)Not disclosed
Company-owned outlets at end of year0 [p.97 · WI · 2026-04-24]

Item 19 — Financial performance representation

Headline cohort

All new Schools by vintage - 2024 Vintage · Calendar Year 2025

Outlets in sampleAverageMedianHighLow
16 [p.88 · WI · 2026-04-24] $1,943,324 [p.88 · WI · 2026-04-24] $1,959,063 [p.89 · WI · 2026-04-24] $3,091,732 [p.89 · WI · 2026-04-24] $949,040 [p.89 · WI · 2026-04-24]

All disclosed cohorts (16)

CohortOutletsAverageMedianHighLow
All franchised Schools by occupancy quartile - Top Quartile
Calendar Year 2025
non-annual metric (not annualized)
130 [p.85 · WI · 2026-04-24] $3,586,393 [p.85 · WI · 2026-04-24] Not disclosed Not disclosed Not disclosed
All franchised Schools by occupancy quartile - Second Quartile
Calendar Year 2025
non-annual metric (not annualized)
130 [p.85 · WI · 2026-04-24] $3,109,936 [p.85 · WI · 2026-04-24] Not disclosed Not disclosed Not disclosed
All franchised Schools by occupancy quartile - Third Quartile
Calendar Year 2025
non-annual metric (not annualized)
130 [p.85 · WI · 2026-04-24] $2,513,577 [p.85 · WI · 2026-04-24] Not disclosed Not disclosed Not disclosed
All franchised Schools by occupancy quartile - Bottom Quartile
Calendar Year 2025
non-annual metric (not annualized)
130 [p.85 · WI · 2026-04-24] $1,909,787 [p.85 · WI · 2026-04-24] Not disclosed Not disclosed Not disclosed
All new Schools by vintage - 2022 Vintage
Calendar Year 2025
13 [p.88 · WI · 2026-04-24] $3,578,371 [p.88 · WI · 2026-04-24] $3,144,507 [p.89 · WI · 2026-04-24] $6,286,293 [p.89 · WI · 2026-04-24] $2,091,049 [p.89 · WI · 2026-04-24]
All new Schools by vintage - 2023 Vintage
Calendar Year 2025
15 [p.88 · WI · 2026-04-24] $2,898,249 [p.88 · WI · 2026-04-24] $2,724,821 [p.89 · WI · 2026-04-24] $5,564,134 [p.89 · WI · 2026-04-24] $1,718,873 [p.89 · WI · 2026-04-24]
All new Schools by vintage - 2024 Vintage
Calendar Year 2025
16 [p.88 · WI · 2026-04-24] $1,943,324 [p.88 · WI · 2026-04-24] $1,959,063 [p.89 · WI · 2026-04-24] $3,091,732 [p.89 · WI · 2026-04-24] $949,040 [p.89 · WI · 2026-04-24]
Adaptive-Reuse Schools by vintage - 2022 Vintage
Calendar Year 2025
4 [p.89 · WI · 2026-04-24] $5,125,427 [p.89 · WI · 2026-04-24] $4,941,008 [p.89 · WI · 2026-04-24] $6,286,293 [p.89 · WI · 2026-04-24] $4,333,398 [p.89 · WI · 2026-04-24]
Adaptive-Reuse Schools by vintage - 2023 Vintage
Calendar Year 2025
3 [p.89 · WI · 2026-04-24] $3,424,789 [p.89 · WI · 2026-04-24] $2,991,350 [p.89 · WI · 2026-04-24] $5,564,134 [p.89 · WI · 2026-04-24] $1,718,873 [p.89 · WI · 2026-04-24]
Adaptive-Reuse Schools by vintage - 2024 Vintage
Calendar Year 2025
1 [p.89 · WI · 2026-04-24] $2,101,562 [p.89 · WI · 2026-04-24] $2,101,562 [p.89 · WI · 2026-04-24] $2,101,562 [p.89 · WI · 2026-04-24] $2,101,562 [p.89 · WI · 2026-04-24]
New Schools by pre-registrations - Top Third (First Year)
First Year of Operation
15 [p.91 · WI · 2026-04-24] $2,441,092 [p.91 · WI · 2026-04-24] $2,265,276 [p.91 · WI · 2026-04-24] $4,927,642 [p.91 · WI · 2026-04-24] $1,494,483 [p.91 · WI · 2026-04-24]
New Schools by pre-registrations - Middle Third (First Year)
First Year of Operation
15 [p.91 · WI · 2026-04-24] $1,725,008 [p.91 · WI · 2026-04-24] $1,651,608 [p.91 · WI · 2026-04-24] $3,032,015 [p.91 · WI · 2026-04-24] $863,838 [p.91 · WI · 2026-04-24]
New Schools by pre-registrations - Bottom Third (First Year)
First Year of Operation
14 [p.91 · WI · 2026-04-24] $1,567,708 [p.91 · WI · 2026-04-24] $1,586,471 [p.91 · WI · 2026-04-24] $2,626,543 [p.91 · WI · 2026-04-24] $682,850 [p.91 · WI · 2026-04-24]
New Schools by pre-registrations - Top Third (Calendar Year 2025)
Calendar Year 2025
15 [p.91 · WI · 2026-04-24] $3,122,440 [p.91 · WI · 2026-04-24] $3,077,175 [p.91 · WI · 2026-04-24] $5,564,134 [p.91 · WI · 2026-04-24] $1,494,483 [p.91 · WI · 2026-04-24]
New Schools by pre-registrations - Middle Third (Calendar Year 2025)
Calendar Year 2025
15 [p.91 · WI · 2026-04-24] $2,649,122 [p.91 · WI · 2026-04-24] $2,212,919 [p.91 · WI · 2026-04-24] $5,444,021 [p.91 · WI · 2026-04-24] $1,758,360 [p.91 · WI · 2026-04-24]
New Schools by pre-registrations - Bottom Third (Calendar Year 2025)
Calendar Year 2025
14 [p.91 · WI · 2026-04-24] $2,395,685 [p.91 · WI · 2026-04-24] $2,335,390 [p.91 · WI · 2026-04-24] $6,286,293 [p.91 · WI · 2026-04-24] $949,040 [p.91 · WI · 2026-04-24]
“This Item 19 presents information about the financial performance of franchised Schools during the calendar year ending December 31, 2025.” [p.84 · WI · 2026-04-24]

Extraction notes