Kumon
Professional Services Child-RelatedCompany Information
Address
55 Challenger RoadRidgefield Park, New Jersey 07660
Website
Tel
Email
Franchise Summary
Description
The franchisee will operate an after-school center that provides math and reading programs usingthe Kumon Method of learning ("Kumon Center"). Children are given the opportunity to attend KumonCenters twice each week throughout the year for approximately 20-30 minutes per subject and completedaily assignments at home on non-Center days.
Company Background
Kumon is an international company that was founded in 1958 by Toru Kumon, who believed that all children are capable of achieving academic excellence. Since then, the company has grown to over 7 million students worldwide enrolled in their programs. Kumon Center offers after-school math and reading classes for kids aged 3-11 years old. The program teaches children how to learn on their own using fun techniques like charts, flash cards and interactive books while also giving them a chance to make friends with peers who share the same interests. For more information visit www.kumoncenterinc.com
Franchise Opportunity
The problem that the Kumon Method of Learning seeks to address is that many children struggle with math and reading, which can have a negative impact on their academic performance. The Kumon Method of Learning has been shown to be an effective way to help children improve their math and reading skills. The Kumon Method of Learning is a unique approach to learning that helps children learn at their own pace. This individualized approach ensures that each child receives the instruction they need in order to succeed.
Corporate Structure
Kumon North America, Inc. is a Delaware corporation incorporated on December 4, 1989, with its principal place of business at 55 Challenger Road, Ridgefield Park, New Jersey 07660. They have offered Kumon franchises since 1994.
Earnings Transparency
This Franchise discloses slightly less information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Franchise Types Available
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Employee Contact Database
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Distribution of Kumon Franchisees
Kumon Franchise System Development in 2022
FAQ
How much investment do I need to start my own Kumon business?
Franchisees typically require at least $73 to $165 investment to get their Kumon business started
What are the initial franchise fees for Kumon?
Franchisees typically need to pay at least $4 in fees directly to Kumon in order to earn the right to launch their business
How much money can I make with a Kumon franchise? What are
the average revenues for a typical Kumon business?
We haven’t done the math on how much revenue a typical
Kumon brings in each year. We estimate that other
franchisees in the Professional Services industry generate
$952,375 revenue, so we would expect
Kumon to generate a similar amount
How long do I need to commit to running a Kumon unit? What
is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are
also generally 10 years
Accessibility
The Franchisor's investment costs ranges from
$73,783 to $165,920
which is
Much Lower
than the $0 to $0 average in the Child-Related industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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