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Below is an in-depth analysis and side-by-side comparison of Kumon Math & Reading Centers vs PC Kidz 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 | $19,800 - $91,300 |
Franchise Fee | $1,000 | $9,500 - $45,000 |
Royalty Fee | $34-38/student/mo. | 7% |
Advertising Fee | - | - |
Year Founded | 1958 | 2001 |
Year Franchised | 1958 | 2005 |
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, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
Marketing | Co-op advertising, Regional advertising | Co-op advertising, Ad slicks, Regional advertising |
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) |
Franchise can be run from home.
Number of employees needed to run franchised unit: 1 - 30
Absentee ownership of franchise is NOT allowed. |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | No |
International Expansion | Yes | Yes |
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.
The brainchild of Steve and Tammy Perry, PC Kidz was formed in 2001 after Tammy, a former elementary school teacher, noticed a void in basic computer skills with her students. In 2003 the PC Kidz program was offered in over 150 educational child care centers within the eight company owned and seven franchised territories in Texas, North Carolina and Nebraska.