Kumon Canada vs Kidcreate Studio Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Kumon Canada vs Kidcreate Studio including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$62,870 - $158,390 | $108,860 - $261,350 |
Franchise Fee |
$1,000 | $45,000 |
Royalty Fee |
- | 8% |
Advertising Fee |
- | 1% |
Year Founded |
- | 2007 |
Year Franchised |
- | 2016 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/Yes |
Start-up Costs |
-/- | -/Yes |
Equipment |
-/- | -/Yes |
Inventory |
-/- | -/Yes |
Receivables |
-/- | -/Yes |
Payroll |
-/- | -/Yes |
Training & Support |
Training |
- |
On-The-Job Training: 73 hours
Classroom Training: 38 hours
Additional Training: As needed
|
Support |
- | Purchasing Co-ops
Newsletter
Meetings/Conventions
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing |
- |
Ad Templates
National Media
Regional Advertising
Social media
SEO
Website development
Email marketing
Loyalty program/app
|
Operations |
- |
Number of Employees Required to Run: 4 - 12
|
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
- | - |
International Expansion |
- | - |
Company Overviews
About Kumon Canada
Kumon is the world's largest after-school math and reading program. The Kumon Method has helped millions of children achieve more than they ever thought they could. Kumon's, math and reading programs help children of all ages and levels become eager, independent self-learners. Unlike tutoring sessions, Kumon helps children learn how to learn on their own, and develops strong academic skills. Our students gain a sense of confidence that will help them in the classroom and beyond.
The costs to start up and operate a Kumon Center are surprisingly modest. And so, relative to other educational franchises, profitability can come sooner. While management and teaching skills will help you succeed, formal qualifications are not necessary. That's because with Kumon's support and proven instructional method, the most important requirement is a passion to invest in the future - both yours and your students.
If you are an enterprising individual interested in starting your own business and contributing to the community, Kumon is the perfect opportunity. With more than 50 years of success and growth, Kumon is one of the most established franchise businesses in the world. In North America, 340,000 students are enrolled in more than 2,000 individually owned and operated centres.
#23 in Canada's Top franchises.
About Kidcreate Studio
Owning a
Kidcreate Studio franchise means enjoying many of the benefits
of small business ownership, including leaving the corporate grind
behind for a more flexible balance of work and home, taking control of
your financial destiny and charting a path for your future, and creating
a legacy that will serve your family and community for years to come.
Owning a
Kidcreate Studio offers you the dual benefit of a deep sense of purpose and a financially-rewarding career.
Kidcreate
offers a unique business model with the ability to bring our highly
sought-after curriculum to child friendly businesses in the community
with our mobile business, as well as the option to offer classes and
camps in a beautiful brick & mortar studio location. If you prefer,
you can start with the mobile business and add the studio on down the
line!
Partner with community
bodies united in the fight against the decline of art education, and you
can become a well-respected voice of change as the face of their local
Kidcreate Studio.
Kidcreate Studio is a
one-of-a-kind experiential business that cannot be replicated by the
online giants. Kidcreate Studio has thrived during the 2008/09 economic
crisis and now COVID-19. You’ll sleep soundly knowing your new business
is proven to be recession-resistant.
With the ability to open
locations in as little as 60 days, you can grow your Kidcreate Studio
empire to encompass the entire region with multiple units or stick to a
single location in your neighborhood- as a Franchise Owner, it’s up to
you!
With the On-The-Go model, you can start generating revenues from your
business almost immediately. Ongoing overhead costs are kept extremely
low for impressive profit margins. The ability to add a brick and mortar
studio down the line creates additional revenue streams and cross
marketing.
Veteran Incentives 10% off franchise fee