The famous Chinese philosopher Confucius once said, “Isn’t it a pleasure to study and practice what you have learned?” It is indeed a pleasure to study and practice what one has learned in school. 21st century kids are so lucky to have such innovative and reader friendly platforms like World’s largest after-school Maths and reading program Kumon. This platform has a profound impact on the learning abilities of the child. This platform was started by a father for his son in Japan in 1954. Also as the famous saying goes, “It is not possible for one to teach others who cannot teach his own family.” Hence Toru Kumon, in order to revolutionize the learning experience for his son, he gifted him with Kumon platform. If you are here to become a part of the revolutionary education platform then we are right here to make your dream come true. You will be provided with all necessary information from cost, investment and profit estimates.
Kumon Franchise Stat
MINIMUM INVESTMENT
EUR 3000
TOTAL INVESTMENT
EUR 40,000 to 80,000
FUNDING SUPPORT
YES
TRAINING FEE
N/A
BUSINESS CATEGORY
EDUCATION
TRAINING PROVIDED
YES
About Kumon Franchise
It all started when a father decided to make learning experience easier and innovative for his son Takeshi. In 1954 in Japan, Toru Kumon developed a unique model of learning, famously known as Kumon method of learning. The first Kumon Math Center was opened in Moriguchi City, Osaka. Takeshi started to outperform beyond outstanding performance. Other parents at Takeshi’s school started to notice and delved for the method. This was just the beginning and today Kumon is worldwide known for its teaching model of incremental and short assignments. Today Kumon has helped more than 50 million students in more than 50 countries with its unique way of self learning.
Kumon in 1974 published a book named ‘The Secret of Kumon Math’, which led to doubling of its size in the next two years. The first United States Kumon location was opened in 1983, and by 1985, Kumon reached 1.4 million students. Kumon Institute of Mathematics was rechristened to Institute of Education. All the new joinees have to take a Placement test, also known as the Kumon Diagnostic Test. The test helps to determine the level at which a student must be placed at.
Each student is required to attend Kumon after-school centres twice a week. There are carefully designed worksheets which a student completes in 30 minutes per subject. The remaining five days are meant to be practiced at home. As per top publications, Kumon has consistently led the way in growth and support of the children worldwide. Entrepreneur Franchise 500 rated Kumon to be 18th among 500 Franchises. Hence Kumon has a wider potential from business prospects.
Potential of Kumon Franchise
Kumon is Franchise friendly company and is looking for new partners to widen their range. With 600+ centers in UK successfully running it is all the way safer. Education is one such field whose demand is ever increasing. All the parents would like to secure their children’s future which is only possible through right and effective education. Hence this innovative platform is most trusted and best suited by the parents worldwide. It has a brighter potential for investment purposes.
Kumon Franchise Cost & Fee Information
If we go by market figures then the approximate investment required to open a Kumon after-school Franchise is £400 for your initial license fee, with £2,600 earmarked for marketing during the first 12 months (15 months if taking over an existing centre).
The Franchise agreement is valid for 5 years and needs to be renewed after 5 years. Depending upon the agreement signed it can again be renewed for another 5 years.
If franchisees are an individual, Kumon has a specific requirement that the Individual franchises must themselves instruct the students personally. Franchisees are required to be present at the center at all times while the student sessions are on, except in extraordinary circumstances of a personal nature. Also, Franchisees are required to devote full-time to the operation of the Kumon franchise throughout the franchise relationship.
In addition to the above costs, there are following kinds of fees which the Franchise must keep in mind:
- Training agreement deposit fees.
- New centre Marketing fee.
- Royalty to be paid as per the formula of $15 times the number of newly enrolled students.
- Relocation fee.
How to Apply for Kumon Franchise?
Follow the basic steps as mentioned below:
- Find a suitable location: Click https://www.kumonfranchise.com/franchise-opportunities to check various location opportunities near you.
- Complete an application form: Click https://www.franconnect.com/kumon/leadQualificationDetails.jsp and fill all the required information and click submit.
- Attend an online Seminar: Click https://www.kumonfranchise.com/us-en/assets/pdfs/Kumon_Franchise_Seminar_Dates.pdf and check the dates and schedule an online seminar for yourself.
- Attend in person Interview: After the seminar you are required to appear for an online interview.
- Conduct a Financial and Background check: In order to verify that you fulfil the financial obligations of Kumon you must conduct a financial assessment.
- Attend the initial training: After the completion of above steps, you are now ready to attend online training of 12 days which will be held over 4 months. The training covers lesson plans, Kumon curriculum and business and center management strategies.
- Finally sign the Franchise Agreement: You will be required to sign the Franchise agreement once your selected franchise location has been approved.
- You can plan your Grand opening.
Kumon Franchise Training and Support
It must be kept in mind that no direct or indirect financial support is provided by the Kumon Education limited. It is the sole responsibility of the Franchise to manage resources.
As far as training is concerned it is provided by the Franchisor. Online training of 12 days is provided which will be held over 4 months. The training covers lesson plans, Kumon curriculum and business and center management strategies. Franchise Instructors are allowed to use Franchisor’s standard brand and promotional materials as well. They will also have access to a design team that can help with customised marketing materials.
Kumon Franchise Profit Estimates
Since this Franchise is based in academics so the profit estimates is solely dependent on your clientele. The basic rule is profit per student * Number of students. For roughly 100-300 students one Franch is garnering £30,000pa to £100,000pa after royalties and operating costs. This is a good opportunity to expand your clientele. More students you can add more profits you can make and in this sky is the limit.
Kumon Franchise Contact Information
You can contact the recruiter at: https://www.kumon.co.uk/about/franchising/information-request/
Telephone: 0800 854 714
Contact on Facebook: https://www.facebook.com/KumonEU/?brand_redir=140180606046113
Frequently Asked Questions
1.) Can you open a Kumon Franchise?
~Of course yes, Almost 600+ Franchises successfully running in United Kingdom, You can surely open a Kumon Franchise.
2.) How much is required to open a Kumon Franchise in the UK?
~ If we go by market figures then the approximate investment required to open a Kumon after-school Franchise is £400 for your initial licence fee, with £2,600 earmarked for marketing during the first 12 months (15 months if taking over an existing centre).
3.) Is it safe to invest in Kumon?
~ Kumon is Franchise friendly company and is looking for new partners to widen their range. With 600+ centers in UK successfully running it is all the way safer. Education is one such field whose demand is ever increasing. Entrepreneur Franchise 500 rated Kumon to be 18th among 500 Franchises.
4) What is the minimum profit one can expect by the end of the year?
~ For roughly 100-300 students one Franch is garnering £30,000pa to £100,000pa after royalties and operating costs. This is a good opportunity to expand your clientele. More students you can add more profits you can make and in this sky is the limit.
5) What are different kinds of costs apart from initial investment involved in opening a Kumon Franchise outlet?
~ In addition to the above costs, there are following kinds of fees which the Franchise must keep in mind:
- Training agreement deposit fees.
- New centre Marketing fee.
- Royalty to be paid as per the formula of $15 times the number of newly enrolled students.
- Relocation fee.
6.) How long is Franchise agreement?
~ The Franchise agreement is valid for 5 years and need to be renewed after 5 years. Depending upon the agreement signed it can again be renewed for another 5 years.
7.) Is Financial support Provided?
~ It must be kept in mind that no direct or indirect financial support is provided by the Kumon Education limited. It is the sole responsibility of the Franchise to manage resources.
8.) Is Training provided?
Online training of 12 days is provided which will be held over 4 months. The training covers lesson plans, Kumon curriculum and business and center management strategies. Franchise Instructors are allowed to use Franchisor’s standard brand and promotional materials as well. They will also have access to a design team that can help with customised marketing materials.
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