Kumon Franchise For Sale - Math & Reading Centre
Kumon Franchise opportunities
Kumon was founded by Toru Kumon, a Japanese educator, in 1958, opening the first Kumon Math Center in Moriguchi City, Osaka. Initial growth of Kumon was slow, only gaining 63,000 students over its first 16 years. However, in 1974 Kumon published a book titled The Secret of Kumon Math, leading to a doubling of its size in the next two years. Kumon opened their first United States locations in 1983, and by 1985, Kumon reached 1.4 million students. As of 2008, Kumon had over 26,000 centers around the globe with over 4 million registered students. As of 2018, there were 410,000 students enrolled in 2,200 centers across the United States.
How much does Kumon franchise cost?
Kumon has the franchise fee of up to $1,000, with total initial investment range of $69,583 to $148,965.
Initial investments: $69,583 - $148,965
Net-worth Requirement: $150,000
Liquid Cash Requirement: $70,000
Initial Franchise Fee: $1,000
Ongoing Royalty Fee: $34 - $38 /student/mo.
On-The-Job Training: 32 hours
Classroom Training: 105 hours
Additional Training: At regional offices
Number of Employees Required to Run: 2-3
Kumon Franchise Info: www.kumonfranchise.com/franchise-opportunities
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- Starting investments from:$69,583
- Company type:Education center
- Company foundation year1954
- Year of launching the franchise1958
- Franchise enterprises:25,854
- Corporate Address:300 Frank W. Burr Blvd., #6 Teaneck, NJ 07666