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Kumon Math & Reading Centers

Supplemental education

Background

Founded: 1958 Franchising since: 1958
High school math teacher Toru Kumon developed the Kumon method of learning over 50 years ago in Japan, when his son was struggling with second-grade arithmetic. Realizing that a strong foundation in the basics--addition, subtraction, multiplication and division--was essential for higher-level math, Kumon created a series of math worksheets for his son to work on after school. With daily practice, Kumon's son gradually expanded his mastery of mathematical skills and by sixth grade was able to solve differential equations and integral calculus problems.

Today, at locations throughout North America, Kumon franchisees apply this method of daily practice and self-paced advancement to children's math and reading skills.

300 Frank W. Burr Blvd., 5th Fl.
Teaneck, New jersey 07666
Phone:
(866)633-0740/ (201)928-0444


Franchisor is a privately-held company with 400 employee(s); 12 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 1204 307 24800 20
2008 1,235 333 23,553 30
2007 1,222 344 24,150 31
2006 1,226 332 24,094 31
2005 1,218 325 24,300 31

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide

Costs and Fees

Total investment: $30.96K-129.4K
Franchise fee: $1K
Ongoing royalty fee: $32-36/student/mo.
Term of agreement: 2 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Cash liquidity requirement: $50K-100K
Business Experience:
  • General business experience
  • Marketing skills
  • Good math, reading and communications skills

Operations
  • Number of employees needed to run franchised unit: 2 - 3
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: over 3 months
  • At franchisee's location: Ongoing
  • At regional offices

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet

Marketing Support
  • Co-op advertising
  • Regional advertising

Rankings

Franchise 500® rank:
#27 (2009); #18 (2008); #22 (2007); #18 (2006); #17 (2005);

Ranked #1 in category in:
2009; 2008; 2007; 2006; 2005;

Fastest-Growing Franchises:
#17 (2008); #31 (2005);

Low-Cost Franchises:
#4 (2009); #3 (2008); #7 (2007); #8 (2006); #7 (2005);

America's Top Global Franchises:
#25 (2009); #13 (2008); #27 (2007); #19 (2006); #4 (2005);


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