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Updated RecentlyKumon Canada vs I Know Science STEM Center & Toy Store Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Kumon Canada vs I Know Science STEM Center & Toy Store including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $62,870 - $158,390 | $121,000 - $204,500 |
| Franchise Fee | $1,000 | $60,000 |
| Royalty Fee | - | 6% |
| Advertising Fee | - | - |
| Year Founded | - | - |
| Year Franchised | - | - |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| 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 | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | - |
| Support | - | Our support system is consistent throughout the lifetime of our partnership and we assist you every step of the way. If becoming a business owner is appealing to you and you have a passion for being part of an industry that makes a fantastic, long-lasting, and positive impact in the community, then owning your own I Know Science™ STEM Center & Toy Store would be one of the most rewarding experiences in your lifetime. |
| Marketing | - | - |
| Operations | - | IKS has developed a simple and straightforward approach to an edutainment business that is easy to learn and execute. You will leave training with the right tools, knowledge, support, attitude and confidence needed to start and grow your own successful edutainment business through the I Know Science brand. Territories will be based on a population no less than 75,000 with a specific market as well as a geographical radius. Other factors that are considered are, number of homes in the area, median household income, existence of competition, rent, and more. We will support you in finding the right location. I Know Science™ exclusive territories are one of the key benefits we offer and are only available to you as an early franchisee. Certain territories can offer a competitive advantage in the sales/marketing environment. Please contact us to discuss available territories and or your preferred territory. |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | Yes |
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.
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#23 in Canada's Top franchises.
About I Know Science STEM Center & Toy Store
I Know Science™ STEM Center & Toy Store cleverly combines STEM education
and entertainment. The IKS business model is innovative and leading-edge in its products and services, unique in its delivery, and profitable in the rapidly growing edutainment industry. Edutainment is the trailblazing way for
recreational activities for children in the 21st century.
Parents clearly see the lasting value of investing in their kids by purchasing educational STEM toys or signing up for a STEM program. Furthermore, they enjoy the practicality of
finding many quality services from one business, which they can trust, granting
them a simple way to plan their kids’ activities and events.
Children that join any of the services and/or purchase our products walk away having had an enriching experience unlike any other, one they’ll remember for years to come. The IKS
impact is exceptionally positive to their development and self-esteem. Hence,
IKS STEM Center and Toy Stores are becoming one of the most welcomed, loved,
and desired businesses in communities.