Kumon is an after-school learning center where children can start from the age of three and stay until the completion of a program of calculus and Shakespeare. Kumon children stand out as they not only master math and reading but also develop skills such as focus, confidence and patience for success.
For more than 60 years in business, investing starts at as low as $65,000 and Kumon offers up to $34,000 in incentives – veterans may qualify for an additional $10,000 bonus. Opening a Kumon franchise is ideal for those who are passionate about education and helping children.
For children from pre-K to high school, Kumon is a math and reading learning center and academic enrichment program that goes beyond traditional teaching, unlocking children’s potential to achieve more. Through daily practice, the personalized approach helps children develop strong math, reading, writing and grammar skills. Students develop self-confidence, increase focus and improve study habits. Kumon instructors guide children through their curriculum, helping them set and achieve math and reading goals.
When you open the Kumon Center, you are not teaching children through a short-term struggle, but you are following a unique and proven method of learning that inspires self-learning and prepares you for lifelong success. Develops top students. The company provides a system of success backed by training, content and marketing to run your business.
Kumon is consistently ranked #1 in the Education category by Entrepreneur magazine, and this year, Kumon is ranked 6th on the overall Franchise 500 list. 2022 is the 10th year in a row that Kumon has earned a ranking on this coveted list, all within the top 40.
What are the advantages and disadvantages of owning a Kumon franchise?
Presently, there are around 26,500+ Kumon Franchise Establishments. With decades of experience, Kumon knows how to help franchisees build businesses that are emotionally and financially rewarding. The Kumon franchise guides children through a long-term program that ensures they master math, reading, and writing while building the skills they need for success, such as setting goals and helping them achieve those goals. To develop patience. As a Kumon Franchisee you will work closer to home, build relationships and contribute to your community. Your branch manager and field advisor will support you, and the connections you make at trainings and conferences will provide you with a ready source of business-building ideas and encouragement.
The Kumon franchise opportunity is unique among education franchises as it is not tutoring. Instead, you’ll guide kids through an enriching program that complements schoolwork, while ensuring that nothing is missed in math, reading and writing. A Kumon student can last for years as they work through the levels of the program, and parents often enroll all of their children, giving you financial stability. With Kumon, you can offer parents a long-term solution to helping their children excel academically in ways they never thought possible – math, reading and writing In.
The Kumon curriculum helps each child develop critical thinking, increase focus, improve study habits, become more organized and become a problem-solver. The extra enrichment kids get from the Kumon franchise helps them catch up, but it’s also moving them to work at a level well above their current grades and the skills they develop, including grit, time management, and focus. , which makes parents very excited about Kumon. Offering Kumon to teachers and parents to help children reach their full potential will benefit the entire community and make a lot of parents (and teachers) happy.
RELATED: How Kumon Driven the Tearing Waves of Childhood Learning to a Top Franchise Ranking
What are the requirements to invest in Kumon Franchise?
To open your own Kumon Learning Center franchise, here are the financial requirements, cash requirement and ongoing franchise fees associated with business ownership.
Initial franchise fee: $2,000.
Initial investment: $67,248 to $145,640.
Net Worth Requirement: $150,000.
Cash requirement: $70,000.
Veterans Incentive: $10,000 toward build-out/grand opening cost.
Royalty Fee: $36 to $40.50 per student/per month.
Duration of agreement: 5 years.
In addition to the above, each Kumon owner candidate must have a bachelor’s degree and US citizenship or a green card. Kumon has an innovative way to help franchise candidates get up and running fast by covering expenses of up to $36,400. Here’s how it works:
It reimburses you 50% of your rent for the first 12 months, up to $1,000 per month. Kumon will buy your main outdoor sign for you—including the cost of any signage permits and the cost to build and install the sign, even electrical hookups and sales taxes. Its value is between $4,800 and $7,000. The company will buy and distribute the Kumon furniture and fixtures you’ll need to open your center – a value of $9,300. Kumon will split the cost of $4,000 in local marketing for you in your first three months. To give you time to build up your student base, you will pay nothing for this program until your 5th and 6th months. At that point, you’ll be billed $1,000 each month. Kumon will reimburse the cost of the phone system connecting you to the call center, so the lead can be called and an appointment can be scheduled for you, saving you up to $600. And countless hours. Kumon does not charge for the Instructor Development Program (IDP). Also, when you complete the IDP, the cost of training will apply to your franchise fee. If you decide not to continue with the IDP, you may return the training kit for a full refund. After the initial material purchase, you won’t need to worry about worksheets—you’ll order more when you’re running low just for the cost of shipping.
Overall, it is recommended that you have an additional $13,500- $18,000 for operating expenses during your first three months to ensure that you are getting your small business off to a good start.
How much can you earn as a Kumon franchise owner?
Since each Kumon franchise is independently owned and does not report its total income, we cannot provide a hard number. However, as part of your franchise training, you will develop a business plan that can help you project your revenue and expenses. Kumon will also encourage you to speak directly to the Kumon franchisee for more information.
Are you an ideal candidate to open a Kumon Center?
All franchise applicants are required to have a bachelor’s degree and either US citizenship or a green card, in addition to meeting liquidity requirements of $70,000 and net worth of $150,000. In addition, Kumon looks for people who will make a full-time commitment to their business and who aspire to develop relationships with families in their community and see children succeed not only in math and reading, but in life.
No prior background in education is required. While this experience can prove to be quite valuable, it is certainly not a requirement to become a Kumon franchise owner (although you must have a bachelor’s degree). However, you must have a passion for working with children and believe in the company’s mission of helping students become independent, confident and confident leaders of tomorrow.
Many of the current owners of Kumon come with some sort of business background, and the children of many are currently or previously enrolled in Kumon. If you value academic excellence, find satisfaction in helping children over a long period of time and enjoy being part of a community, you will find everything you are looking for when you open the Kumon Center.
Here are Kumon’s preferences and requirements that you need to meet in order to be considered for a franchise opportunity:
Passion and dedication to education and working with children. A teaching or education background is helpful, but not required. Bachelor’s degree is required. You must be proficient in maths and reading. Ability to create and manage a center that effectively inspires children in Kumon Learning Method, and an interest in and commitment to helping children in your community. Ability to deliver an outstanding customer experience while maintaining dedication to Kumon’s core values. Good understanding of the field, and strong ties to the community. Excellent communication and interpersonal skills. A full-time commitment to Kumon – generally, an average of 6-8 hours per day.
Request more information about franchise opportunities with Kumon by filling out this form to learn more and begin the search process for your own franchise operation.
RELATED: Turning a Passion into a Successful Business