Kumon Math & Reading Centers
Supplemental education
Kumon Math & Reading Centers
Supplemental education
About
Founded
1954
Franchising Since
1958 (60 Years)
Corporate Address
300 Frank W. Burr Blvd., #6
Teaneck, NJ 07666
CEO
Mino Tanabe
Financial Requirements
Initial Investment ⓘ
$69,583 - $148,965
Net-worth Requirement ⓘ
$150,000
Liquid Cash Requirement ⓘ
$70,000
Ongoing Fees
Initial Franchise Fee ⓘ
$1,000 - $1,000
Ongoing Royalty Fee
$34-$38/student/mo.
Financing Options
Veteran Incentives
$10,000 toward build-out/grand-opening costs
Support Options
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social media
SEO
Website development
Email marketing
Loyalty program/app
On-The-Job Training:
88 hours
Classroom Training:
12 days
Additional Training:
At regional offices
Number of Employees Required to Run:
2 - 3
Kumon Math & Reading Centers is ranked #20 in the Franchise 500!
Bio
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.
Cost
Initial Investment: Low - $69,583
High - $148,965
Units
+0.1%+18 UNITS (1 Year)
+1.9%+475 UNITS (3 Years)
Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.Related Franchises
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