Kumon is a widely-known educational system with a presence in more than 48 countries. Founded in 1958 by Toru Kumon and developed as a way to help his son Matsui, the system has since become one of the leading providers of educational services. Nowadays, owning a Kumon franchise is a sought-after opportunity by many entrepreneurs and investors. In this article we will cover the basics of owning a Kumon franchise, as well as some frequently asked questions.
What is a Kumon Franchise?
A Kumon franchise is a self-run business based on the Kumon system of teaching. The franchise includes the exclusive use of the Kumon brand and its range of learning materials and equipment, along with comprehensive business advice and guidance. Kumon franchise holders also get to benefit from a wealth of exclusive support from Kumon UK, such as marketing, operations, human resources and much more.
What Levels Do Kumon Franchisees Teach?
Kumon franchiseees generally teach mathematics and reading at a variety of levels, ranging from pre-kindergarten to early high school. The specific levels and ages can vary by location. The level of education also varies depending on the individual Kumon franchise. Generally, franchisees teach one level at a time and may specialize in only one subject or both.
How Much Does it Cost to Buy a Kumon Franchise?
To purchase a Kumon franchise, it is necessary to pay a one-time franchise fee and an ongoing royalty. The one-time fee is usually around $25,000, while the ongoing royalty costs around 5-7% of the franchise’s monthly revenue. Other costs include supplies, materials, staffing, advertising and promotion, and rent and equipment.
FAQs
Q: What types of educational materials does Kumon offer?
A: Kumon provides books, worksheets, flashcards, and other tools for students of all ages. They also offer an online platform, Kumon Online, for those who want to access Kumon materials remotely.
Q: How long does it typically take a student to complete Kumon?
A: This depends on the individual student and their level of learning. Generally, it takes between 2-5 years for younger students, and 5-7 years for older students, depending on their progress. However, many students have completed the Kumon program in a shorter amount of time.
If you’re considering owning a Kumon franchise, it is important to do your research about the cost of purchasing a franchise, the education levels and materials that are offered, and the amount of time it takes for students to complete the program. Buying a Kumon franchise can be a great investment, but it is important to be aware of the costs and expectations before making a financial commitment.
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