Kumon Math & Reading Centers
#14 Franchise 500| Supplemental education

Kumon Math & Reading Centers
Supplemental education

About
Founded

1954

Franchising Since

1958 (61 Years)

Corporate Address

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

CEO

Mino Tanabe

Financial Requirements
Initial Investment

$73,373 - $154,825

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:

115 hours

Additional Training:

At regional offices

Number of Employees Required to Run:

2 - 3

Kumon Math & Reading Centers is ranked #14 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 - $73,373 High - $154,825
Units
+0.1%+22 UNITS (1 Year) +1.9%+495 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units worldwide.

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: August 29th, 2019