Kumon Math & Reading Centers

Kumon Math & Reading Centers

Supplemental education
Want to open a Kumon Math & Reading Centers?
2021 Franchise 500 Rank
#6 Ranked #12 last year
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Initial investment
$64K - $140K
Units as of 2021
26,365 1.9% over 3 years

Company Overview

High school math teacher Toru Kumon developed the Kumon Method of learning more than 60 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.

About Kumon Math & Reading Centers

Founded
1954
Leadership
Mino Tanabe, CEO
Sponsored Content

More from Kumon Math & Reading Centers

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What is Kumon?

Kumon is the after-school learning center where kids can start as young as three and stay through completion of the program at calculus and Shakespeare. Kumon kids stand out because they not only master math and reading, they develop skills for success such as focus, confidence and grit.

When you open a Kumon Center, you aren’t tutoring kids through a short-term struggle, you are following a unique and proven method of learning that instills self-learning and develops top-notch students ready for lifelong success. Here’s what makes Kumon different:

Make a Smart Business Decision

  • We cover up to $34,000 in start-up costs.
  • Our franchise fee is only $2,000.
  • For two decades, we’ve been ranked as Entrepreneur magazine’s #1 education franchise, earning us the “Best of the Best” ranking.

We’re here to support you from your very first request for information, offering a system of success supported by training, materials and marketing to drive your business.

What We Look For in Franchise Candidates

All applicants need a bachelor’s degree and either U.S. citizenship or a green card, in addition to meeting the liquidity requirements of $70,000 and net worth requirements of $150,000.

Beyond that, we look for people who will make a full-time commitment to their business and who have a desire to develop relationships with families in their community and to see kids succeed, not just in math and reading, but in life.

If you value academic excellence, find satisfaction in helping kids long term, and enjoy being part of a community, you’ll find everything you’re looking for when you open a Kumon Center.

Kumon Franchisees Find Support and Success

“There’s a true value in the Kumon Method and I witnessed that first-hand with all three of my children. By instilling strong study habits and improving focus in students at an early age, they will be able to flourish and succeed in their academic careers.” - Haneesha Desai, West Covina, CA

“When I took the leap of faith to make a career change, it was a no-brainer for me to go with the program that gave my own kids such an academic advantage. I wanted to help other kids within my community.” – Henry W., Chamblee, Ga.

“I distinctly remember watching my niece go through the Kumon Math and Reading Program, and seeing that it not only made an improvement on her academics but also instilled a sense of routine, allowing her to become a self-starter with her work. She was able to grasp concepts independently and knew what she needed to do to succeed. I look forward to making that same impact on children in my local community.” - Greg Derick, Dallas, TX

Facts and Figures

Liquid Capital Required: $70,000
Net Worth Required: $150,000
Investment: $73,373 – $154,825
Subsidies Offered: up to $36,000 + additional $10K Veterans incentive

In addition to the above, candidates must possess a bachelor’s degree and either U.S. citizenship or a green card.

Two boys writing

From Free Furniture to Discounts and More, This Franchise Gives Owners the Right Start

Franchising Overview

Franchising Since
1958 (63 years)
# of employees at HQ
390
# of Units
26,365 (as of 2021)

Franchisor Information

Corporate Address
55 Challenger Rd., #300
Ridgefield Park, NJ 07660

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Kumon Math & Reading Centers franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$2,000
Initial Investment
$64,458 - $139,890
Net Worth Requirement
$150,000
Cash Requirement
$70,000
Veteran Incentives
$10,000 toward build-out/grand-opening costs
Royalty Fee
$34-$38/student/mo.
Term of Agreement
5 years
Is franchise term renewable?
Yes

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
120 hours
Classroom Training
227 hours
Additional Training
At regional offices
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

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
2-3
Are exclusive territories available?
No

Franchise 500 Ranking History

Compare where Kumon Math & Reading Centers landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Kumon Math & Reading Centers ranked on other franchise lists? Find out below.

Ranked #6

Franchise 500 Ranking

Ranked #34

Fastest-Growing Franchises

Ranked #7

Top Global Franchises

Ranked #55

Fastest-Growing Franchises (U.S. & Canada)

Ranked #1

Top Franchises for Less Than $100,000

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021