Kumon Math & Reading Centers Franchise

An after-school educational program specializing in math and reading


High school math teacher Toru Kumon developed the Kumon method of learning 40 years ago in Japan, when his son was struggling with second-grade arithmetic. Realizing that a strong foundation in the basics'addition, subtraction, multiplication and division'were essential for higher-level math, Kumon created a series of math worksheets for his son to work on after school. With daily practice, Kumon's son gradually expanded his mastery of mathematical skills and by sixth grade was able to solve differential equations and integral calculus problems.

Today, Kumon franchisees apply this method of daily practice and self-paced advancement to children's math and reading skills. Kumon Centers are now located throughout North America.



Please Note: The operators of Kumon Math & Reading Centers, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Kumon Math & Reading Centers website.

How much does it cost to open a Kumon Math & Reading Centers Franchise?

The investment required to open a Kumon Math & Reading Centers Franchise is between $66,506-$140,618. There is an initial franchise fee of $1,000 which grants you the license to run a business under the Kumon Math & Reading Centers name.

Individual Unit Costs

  • Initial Investment:
    $66,506-$140,618
  • Initial Franchise Fee:
    $1,000
  • Royalty Fee:
    $32-36/student/mo.
  • Advertising Fee:
    N/A
  • Term of Agreement:
    5 years


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Kumon Math & Reading Centers News & Press Releases

When did the first Kumon Math & Reading Centers open? 1958
When did Kumon Math & Reading Centers start Franchising? 1958

Year U.S.A. Canada International Corporate
2005 1352 341 21800 22
2004 1190 338 26102 22
2003 1082 322 22000 23
2002 1004 334 20705 93
2001 980 326 23389 20
Expense In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Training
At regional offices

Support
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet

Marketing
Co-op advertising, Regional advertising

Number of employees needed to run franchised unit: 2 - 3

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

Your income potential as a Kumon Math & Reading Centers Franchise entrepreneur depends vastly on many factors. As an entrepreneur, the goals to achieve are related to expanding sales while lowering your operation costs and increasing the quality of your products and or services. Each month your operating costs can include royalty fees, mortgage / rent, supplies for products, staffing, utilities, bookwork, stationary and other items. From one month to the next, you may find your costs fluctuate, but your up-front costs are, for the most part, fixed and they will cover most of the initial setup of equipment, signage and renovations.

1 Other Franchises in this Family

Listing Tags

math, reading, kumon, homework help, tutor, math tutor, tutoring, math tutoring, education, mathematics, learning, k-12, study, study skills, student education, learning center, math homework, after school program, instruction, learning disability
Kumon Math & Reading Centers Franchise Opportunity viewed 59303 times by investors.

Legal Disclaimer: This information is not a franchise offering for Kumon Math & Reading Centers and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Kumon Math & Reading Centers franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.

Kumon Math & Reading Centers

Kumon Math & Reading Centers

Kumon Math & Reading Centers
300 Frank W. Burr Blvd., 5th Fl.
Teaneck, NJ
07666

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