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Updated RecentlyKumon 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 |
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| 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 | 1958 | 1987 |
| Year Franchised | 1958 | 1991 |
| Term Of Agreement | 5 years | 10 years |
| Term Of Agreement | 5 years | 10 years |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | No/No |
| Start-up Costs | No/No | No/No |
| Equipment | No/No | No/No |
| Inventory | No/No | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | At regional offices | - |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | Co-op advertising, Regional advertising | Ad 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 |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | No |
| International Expansion | Yes | No |
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.
Worldwide success
Kumon is the 4th largest franchise on the planetOngoing support
Our training and support begins on day one, and never endsLow startup fees
You don't have to pay a premium to partner with the worldwide leaderVeteran Incentives $10,000 toward build-out/grand-opening costs
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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.