Year Kumon Franchise Began: 1958
Franchising Since: 1958
U.S. Headquarters: Ridgefield Park, New Jersey
Country of Origin: Japan
Estimated Number of Units: 25,880
The method was developed by Toru Kumon. The kumon method is been learned since more than 50 years ago in Japan, when his son was struggling with second-grade arithmetic.
Realizing that a strong foundation in the basics–addition, subtraction, multiplication and division–was essential for higher-level math, Kumon created a series of math worksheets for his son to work on after school.
With daily practice, Kumon’s son gradually expanded his mastery of mathematical skills and by sixth grade was able to solve differential equations and integral calculus problems.
Currently at vast locations in North America, Kumon franchisees apply this method of daily practice and self-paced advancement to children’s math and reading skills.
Entrepreneur magazine’s #1 Tutoring Franchise 17 years(awarded)
Contents
#1. Kumon Franchise Opportunities
Kumon Franchise Opportunities is the smartest choice in education franchising.
Continuously Company growth and great Opportunities for Kumon Franchisees
- World’s Largest Educational Franchise: Kumon Franchise
- 1500 independently owned and operated centers in the U.S.
- Total U.S. Enrollment: 77% since 2006
- Average U.S. Enrollment Per centers: 45% since 2006
- Total Number of Kumon centers: 21% since 2006
- Student enrollment has risen by 59% since 2007.
Of course Education is not going to stop so there is no end to Growth of Educational company and huge Opportunities for kumon Franchise.
#2. Kumon Franchise Cost
How much Kumon Franchise Cost
| Estimated Initial Investment | ||
| Name of Fee | Low | High |
| Training Agreement Deposit Fee | $500 | $500 |
| Expenses While Start-up Training (Instructor Development Program) | $5,150 | $8,880 |
| Initial Franchise Fee | $1,000 less, the $500 Deposit Fee if franchisee is obtaining their first Kumon Center. | |
| Initial Purchase of Materials | $1,000 | $1,000 |
| Architect Design | $0 | $9,500 |
| Leasehold Improvements | $29,500 | $60,000 |
| Security Deposit, If Required | $0 | $15,000 |
| Rent | $2,500 | $5,000 |
| Furniture, Equipment, Primary Sign & Supplies | $3,400 | $12,000 |
| Notebook Computer at Kumon Center | $400 | $2,000 |
| Professional Fees | $1,000 | $3,000 |
| Liability Insurance | $475 | $475 |
| Business License, Name Registration | $100 | $200 |
| Kumon Lead Management Telephone System | $480 | $600 |
| Recommended Reading List | $2,550 | $2,550 |
| Fingerprinting, Criminal Background Check | $18 | $60 |
| Payroll Cost for Assistants (3 Months) | $6,300 | $7,560 |
| New Center Marketing | $6,000 | $8,000 |
| Additional Funds (3 Months) | $13,500 | $18,000 |
| ESTIMATED TOTAL | $73,373 | $154,825 |
Kumon Franchise Cost/Other Fee
| OTHER FEES.. | |
| Type of Fee | Amount |
| Royalty | Initial Enrollment Royalty Fee: For each reporting month, $15 times the number of newly enrolled students.Monthly Royalty after completing the TLP: $34 times the number of full-paying students enrolled, and $17 times the number of partially exempt and/or prorated tuition students for each Subject-Franchise. |
| Administrative Fee Late Payment | 1.5% on the overdue amount each month or $75, whichever is higher. |
| Late or Inaccurate Report Fee | $200 per month for the first month the franchisee is late; $500 for the second month the franchisee is late; $1,000 the third month the franchisee is late with increments of $1,000 per month thereafter. |
| Insufficient Funds | $25 per EFT attempt that has insufficient funds to cover the amount owed. |
| Insurance | $4.32 per math student per year. |
| Indemnification | Amount incurred by the franchisor. |
| Shipping Costs for Materials | Charged on per-order basis. |
| Relocation Fee | $1,000 |
| Payments for “Chargeable Items” Purchased from Kumon | As stated on invoice. |
| Liquidated Damages | Three times the average monthly royalty in the three months immediately prior to franchisee’s last day of operating the center. |
| Temporary Transfer to Kumon | 10% of the average tuition charged by the 5 Kumon centers that are closest to the center, X(multiply) by the number of students participated at the center for so long as Kumon has assumed operation of the centres and reimbursement of any out-of-pocket costs that it incurs. |
| Advertising needs | At least the minimum amount set forth in the Operations Manual. |
#3. Kumon Franchise for Sale
Kumon Franchise for Sale Requirements…..
- Bachelor’s degree
- Either citizenship or a green card,
- And the net worth investment requirement and also the desire to look kids succeeded in life.
Steps to Open
- REGISTER FOR A SEMINAR.
- PRE-QUALIFY
- INTERVIEW.
- ATTEND TRAINING.
- SIGN YOUR AGREEMENT.
Visit for applying Kumon Franchise: https://www.kumonfranchise.com/
Call for inquiry: tel:+18442222316
