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Kumon Math & Reading Centers

2012 Franchise 500
#18
At a Glance

Products & Services: Supplemental education

Number of Locations: 25,332

Total Investment: $67.76K - 145.32K

Founded: 1954

Began Franchising: 1958

Private Owned

About Kumon Math & Reading Centers

High school math teacher Toru Kumon developed the Kumon method of learning 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.

Today, at locations throughout North America, Kumon franchisees apply this method of daily practice and self-paced advancement to children's math and reading skills.

Franchise Units

Year U.S. Canadian International Company Owned
2011 1,395 327 23,580 30
2010 1,288 331 23,550 30
2009 1,204 307 24,800 20
2008 1,235 333 23,553 30
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.

Startup Costs, Ongoing Fees and Financing

Total Investment: $67,763 - $145,320
Franchise Fee: $1,000
Ongoing Royalty Fee: $32-36/student/mo.
Term of Franchise Agreement: Term of agreement not renewable
Financial Requirements
Net Worth: $150,000
Liquid Cash Available: $70,000
Operations
Number of employees needed to run franchised unit: 2 - 3. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).

How This Franchise Supports Franchisees

Training: Available at headquarters: over 3 months. At franchisee's location: Ongoing. At regional offices
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet,
Marketing Support: Co-op advertising, Regional advertising,

Franchise Ranking History

Franchise 500®: #18 (2012), #14 (2011), #12 (2010), #27 (2009), #18 (2008),
Fastest-Growing: #17 (2012), #24 (2011), #17 (2008),
Low-Cost: #3 (2011), #4 (2010), #4 (2009), #3 (2008),
America's Top Global: #17 (2012), #12 (2011), #10 (2010), #25 (2009), #13 (2008),