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Below is an in-depth analysis and side-by-side comparison of Kumon Math & Reading Centers vs Portal Languages 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 | $25,000 - $50,000 |
Franchise Fee | $1,000 | $15,000 |
Royalty Fee | $34-38/student/mo. | 7% |
Advertising Fee | - | - |
Year Founded | 1958 | 2008 |
Year Franchised | 1958 | 2013 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 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 | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | At regional offices | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet | - |
Marketing | Co-op advertising, 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) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | 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.
Portal Languages began as a private language tutoring service by our founders from their apartment in Costa Mesa, California. The spark that launched the company came from a continuous demand for their language tutoring service. In January 2009, the founders decided to establish Portal Languages - " Costa Mesa in a 400 sq./ft. office space.
A website and a functional space was then created for the school. We decided to adopt the Language Teaching Methodology Series - “The Natural Approach, Language Acquisition” developed by Stephen D. Krashen and Tracy D Terrell.
What followed were several years of quick expansion as internet marketing campaigns, student referrals and a sound business principle began to pay off.
Portal Languages has been helping students acquire a foreign language for over 5 years. As a franchise owner, you’ll have continual support to develop a profitable and simple business. This is the Ideal business for an experienced language teacher with entrepreneurship skills who is interested in starting his/her own business and contribute to the community.
-Royalties and marketing are about 8% of gross sales;
-Average unit volumes are $200,000.