Kumon Math & Reading Centers vs The Honors Learning Center Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Kumon Math & Reading Centers vs The Honors Learning Center including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Kumon Math & Reading Centers Franchise
The Honors Learning Center Franchise
Investment $74,428 - $156,590$64,500 - $68,700
Franchise Fee $1,000$25,000
Royalty Fee $34-38/student/mo.$2.5K/mo.
Advertising Fee --
Year Founded 19581987
Year Franchised 19581991
Term Of Agreement 5 years10 years
Term Of Agreement 5 years10 years
Renewal Fee --


Business Experience Requirements

 
Kumon Math & Reading Centers Franchise
The Honors Learning Center Franchise
Experience -
  • Marketing skills
  • Degree in education

  • Financing Options

     
    Kumon Math & Reading Centers Franchise
    The Honors Learning Center Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/No
    Start-up Costs No/NoNo/No
    Equipment No/NoNo/No
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    Kumon Math & Reading Centers Franchise
    The Honors Learning Center Franchise
    Training At regional offices-
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, InternetNewsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
    Marketing Co-op advertising, Regional advertisingAd slicks
    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)

    0% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 10

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)


    Expansion Plans

     
    Kumon Math & Reading Centers Franchise
    The Honors Learning Center Franchise
    US Expansion YesYes
    Canada Expansion NoNo
    International Expansion YesNo

    Company Overviews

    About Kumon Math & Reading Centers

    Secondary school math educator Toru Kumon built up the Kumon technique for adapting over 50 years back in Japan, when his child was battling with second-grade number-crunching. Understanding that a solid establishment in the rudiments - expansion, subtraction, increase and division- - was fundamental for larger amount math, Kumon made a progression of math worksheets for his child to chip away at after school. With every day practice, Kumon's child bit by bit extended his authority of scientific aptitudes and by 6th grade could settle differential conditions and basic analytics issues.

    What sets Kumon apart from the rest?

    Worldwide success

    Kumon is the 4th largest franchise on the planet

    Ongoing support

    Our training and support begins on day one, and never ends

    Low startup fees

    You don't have to pay a premium to partner with the worldwide leader

    Veteran Incentives  $10,000 toward build-out/grand-opening costs

    "Top                   ""   "Entrepreneur
    #61 in Gator's Top franchises.  
    #12 in Franchise 500 for 2020.
    #6 in Franchise 500 for 2021.






    About The Honors Learning Center

    Sharee and Gary Miller started The Honors Learning Center as an individualized academic program. The centers' goal is to improve comprehension skills for each student by one full grade level after 36 hours of instruction. For every year since 1987, Honors students have averaged a gain of two full grade levels.

    Honors franchisees must have current state teaching certification.