How can I get Kumon franchise in India?
How can I get Kumon franchise in India?
1. Review all information on becoming a Kumon Franchise Instructor
- Thoroughly read the information contained in this page.
- Register to receive information on starting a Kumon Franchise.
- Local office will contact you with more information and send an invitation to attend a Franchise Orientation.
How much does Kumon franchise cost?
How much is your franchise fee? Our initial Franchise Fee is $2,000 plus applicable taxes. $1,000 of it is paid as your Training Agreement Deposit Fee and the balance is paid if you successfully complete the Instructor Development Program and sign a Franchise Agreement.
How much does Kumon franchise owner make?
Estimated Average Franchise Revenue: $519,000 1- Based on a midpoint investment of $102,174 with estimated profits of $51,943 (10% profit margin) it would take about 3 years to recoup your initial Kumon franchise investment.
Is Kumon a franchise?
Franchise Description: The franchisor, Kumon North America, Inc., is a wholly owned subsidiary of Kumon Institute of Education Company, Ltd., a Japanese corporation. Franchisees operate an after-school center that provides math and reading programs using the Kumon Method of learning.
What is Kumon royalty fee?
Kumon’s highest royalty fee is $38 per student. If a franchisee charges $380 per student, then this is only 10%, but a quick Google search will tell you that Kumon typically charges between $80 and $100 per student per subject. Even at the highest price point, that’s about 38%.
How do I start my own Kumon?
To qualify as a potential Kumon Franchise owner, you’ll need to have a net worth of $150,000 and liquid capital of $70,000. The investment, as stated in our Franchise Disclosure Document, ranges from $64,458 to $139,890. and depends heavily on your location.
Are Kumon Centers profitable?
The franchisor Kumon North America Inc has very solid financials and is seen in their net income of over $27.5 million for the year ending in 2019. This is small increase from 2018, but from 2017 to 2018 they saw almost 100% growth in net income.
Is Kumon a public company?
History of Kumon Institute of Education Co., Ltd. Kumon Institute of Education Co., Ltd. is the largest private educational corporation in Japan and one of the world’s leading after-school education programs. It offers a unique curriculum of mathematics instruction primarily aimed at elementary school children.
How can I franchise Kumon Center?
Procedure
- Register and conveniently access our Virtual Franchise Orientation for a limited period.
- Register and attend a Consultation Meeting with our Franchise Recruitment Manager.
- Pass the Test and Online Training.
- Have Your Location Approved.
- Open Your own Kumon Center.
What is similar to Kumon?
The Top Tutoring Franchises of 2021
- Kumon Math and Reading Centers. Kumon Math and Reading Centers focuses solely on the two primary academic subjects: math and reading.
- Eye Level Learning Centers.
- Mathnasium Learning Centers.
- Tutor Doctor.
- Sylvan Learning.
- JEI Learning Centers.
- Club Z!
- Huntington Learning Centers.
How much does it cost to start a Mathnasium?
Take a look at the investment numbers involved.
| Total Estimated Investment* | $112,750 – $149,110 |
|---|---|
| Initial Franchise Fee* | $49,000 |
| Expenses While Training | $3,500 – $4,000 |
| Base Royalty Fee | $0 – $500 per month |
| Technology Fee | $0 – $110 per month |
Should I open a Kumon?
Kumon has been a good fit for me. It is supportive on a corporate level, but more importantly it is involved with your center in a close manner. Owning a franchise allows an individual to grow a brand as big as they desire within their area, while providing a sustainable program or product.
