Kumon Math & Reading Centers Franchise Opportunity and Review

Kumon cost

Kumon Math & Reading Center originated back 1958 by Toru Kumon in Japan. Toru was obviously a
senior high school math teacher who's son was struggling with second grade arithmetic. Given his
experience with the topic, Mr. Kumon realized the importance of a solid foundation in math skills such
as addition, subtraction, multiplication, and division. Consequently, Kumon made a group of math
worksheets designed to improve his son's skills. His idea worked perfectly as his son became
experienced in basic math and then progressed on to more impressive range problem solving. By the
sixth grade, Mr. Kumon's son would accurately solving complex differential equations and integral
calculus problems. These same concepts of learning are utilized today at Kumon Math and Reading
Center franchises throughout The united states and the world. Kumon franchisees apply tactics of daily
practice along with self-paced advancement within the aspects of both math and reading.
Kumon cost

Kumon Math and Reading Center can be a privately operated company which is currently based in
Teaneck, Nj-new jersey. They boast an impressive 50+ year background currently have over 25,000
franchises worldwide. Roughly 1,200 of these may be found in the usa and another 300 in Canada. They
are currently seeking franchisees worldwide.

The startup costs of your Kumon franchise varies greatly based upon the place and also the lease or
buying commercial property. However, approximately starting costs range from $30,000 to $130,000.
Obviously, by performing your homework, you can look at to attenuate your real estate costs and
thereby maintain your launch closer to the lower end of the range. Kumon charges a $1,000 franchise
fee and then a royalty fee of $32-$36 per student each month. The word of agreement is only Two years
but it may be renewed. Kumon will not provide any financing.

It's estimated that the number of employees required to run a Kumon Math and Reading Center is 2 or
3. However, it should be noted that absentee ownership just isn't allowed and all franchises must be
owner operated. This means that if you are looking with an eventual way to obtain a second income, a
Kumon Math and Reading Center may not be for you.

Kumon offers training at both their corporate headquarters and also at the franchisee location as well as
at regional offices. They also provide co-op advertising, regional advertising, and grand opening support.