Kumon is a child education franchise that focuses on developing math and reading skills through daily practice and self paced exercises.
A Kumon franchise requires a total investment of $73,373 – $154,825 including $70,000 of cash on hand. You will also need to have a net worth of at least $150,000. Kumon also has a franchise fee of $2,000.
If you're thinking about investing in a Kumon here's what you should expect to pay upfront and throughout the life of the business.
Kumon franchise owners receive a wealth of training including 120 hours of on-the-job training, 227 hours of classroom instruction. Additionally, Kumon offers ongoing support with operations, marketing, advertising, and more. Franchise owners are expected to run the business and help children, so no absentee ownership.
On-The-Job Training: 120 hours
Classroom Training: 227 hours
Kumon was founded by Japanese math teacher Toru Kumon over 60 years ago. Kumon started the program for his son who was struggling with math at the time. After realizing that others could benefit from the success of the program he developed for his son, Kumon opened the first location in Osaka, Japan. It was around this time when Kumon developed the Kumon method of teaching. Through the 60s, 70s, and 80s his method of teaching grew a massive amount of followers. Millions of teaches and students in Japan benefitted from the program and the foundation for learning it creates. In 1990 Kumon established an English version of the program where it was quickly adopted by schools and colleges. Today, Kumon has thousands of locations in the United States and across the globe where its students gain life-changing math and reading skills.