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General

Industry

Education Programs

Category

Tutoring

SBA Identifier

S0962

Year of Founding

1989

Fees

Marketing Fee

NA

Royalty Fee

$15 per student

Franchise Fee

$1,000-$1,000

Investment Range

$64K-$140K

Location units

Total U.S. Locations

1595

U.S. Franchised Units

1568

U.S. Corporate Units

27

Headquarters (City)

Ridgefield Park

Other

Item 19 - Franchise Financials

Yes

Financing Availability

yes

Started Offering Franchises

1994

Issuance of FDD Data

03/31/2021

What to know about Kumon franchise?

The franchisee will operate an after-school center that provides math and reading programs using the Kumon Method of learning. Children are given the opportunity to attend Kumon Centers twice each week throughout the year for approximately 20-30 minutes per subject and complete daily assignments at home on non-Center days.

Kumon is based in Ridgefield Park, NJ. Scroll down to learn more!

How much does a Kumon franchise cost?

Are you wondering how much is a Kumon franchise? Before starting a Kumon franchise, it is important to know the franchise fee, working capital and other costs required to start the business.

The minimum investment amount required to open a Kumon franchise is $64,458 and can go all the way up to $139,890. Keep in mind, you should also allocate additional funds to live off of while the Kumon business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Kumon franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Kumon business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your Kumon franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.

Franchise Net Unit Growth

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Franchise Data

Year Start of Year Units Opened Units Closed End of Year
2016 1470 74 64 1480
2017 1476 88 74 1490
2018 1490 94 77 1507
2019 1507 124 81 1547
2020 1547 63 36 1568

Additional Details

How much does a Kumon franchise owner make?

Kumon franchise earnings and revenue can vary significantly from one franchisee to another.
The Kumon franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

Kumon discloses financials at the unit level. In other words, they show how much Kumon franchisees made in the past. Through analyzing this information available in the metrics tab, it can serve as a good basis to further explore the opportunity or not.

At Vetted Biz, we advise you to speak with 5 to 10 franchisees to understand how much money they are making from the Kumon franchise. Roughly 60% of franchises disclose financials and it makes the process easier when filtering potential franchise opportunities like Kumon. Don’t just speak to existing franchisees, call franchisees who have recently left the system and try to find out how much those Kumon owners were making.

Visit the Kumon metrics tab to explore the financials for this business.

What is the Kumon franchise fee?

Owning a Kumon franchise requires $15 per student royalty fee and a variable marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship. There may be other ongoing fees disclosed in the Kumon Franchise Disclosure Document

Keep in mind, there is also an initial Kumon franchise fee of $1,000 that is included in the initial investment amount of $64,458 to $139,890. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Kumon franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Kumon franchise fee of $1,000.

Visit the Kumon metrics tab to explore the financials for this business, royalty and marketing fees compare to other Education Programs franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was Kumon founded?

Kumon started offering franchises in 1994. Kumon was founded 33 years ago in 1989.

At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many Kumon locations are in the U.S.?

As of 2021, there were 1568 locations across the U.S. There are also 27 corporate locations. Most Education Programs franchises like Kumon have more franchised locations than corporate locations.

How many Kumon franchises opened over the past few years?

Over the prior 3 years we have data for, Kumon has opened 281 outlets throughout the U.S. Visit the Kumon metrics tab to explore how the openings compare to other Education Programs franchises.

How many Kumon franchises closed over the past few years?

Over the prior 3 years we have data for, Kumon has closed 194 outlets throughout the U.S

Visit the Kumon metrics tab to explore how the openings compare to other Education Programs franchises.

Is Kumon growing? Are they opening more locations than they are closing?

The net unit growth rate for Kumon over the past 3 years is 5%. Over the last year we have data for, Kumon had a net unit growth rate of 1%.

Without a comparison, this number doesn’t mean much. Compare how the Kumon growth rate compares to 2,000+ other franchises and Industry franchises like Kumon. More info in the Kumon metrics tab.

Is Kumon franchise eligible for an SBA Loan?

Kumon is eligible for SBA loans including the 7(a) loan. To find out more about the SBA loan program for franchising click here.

Kumon franchise was assigned the SBA Franchise ID of S0962 on 10/01/2017. This DOES NOT mean the SBA endorses this franchise. The SBA Franchise Directory will only include business models like Kumon that are reviewed and found eligible under SBA’s affiliation rules and other eligibility criteria. Currently, there are over 7,000 franchise opportunities that the SBA has deemed eligible for SBA financing.

Is Kumon a franchise in the United States?

According to the SBA, Kumon meets the Federal Trade Commission (FTC) definition of a franchise. The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items about the franchise, its officers, and other franchisees. Be sure that Kumon provides you with an FDD if you are in discussion to buy a Kumon.

What is the Kumon Franchise for Sale Rate?

The Kumon systemwide health and franchisee satisfaction can be measured by the Kumonfranchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

Kumon franchise for sale rate over the past 3 years is 11%. Over the last year we have data for, Kumon had a franchise for sale rate of 4%.

Without a comparison, this number doesn’t mean much. Compare how the Kumon franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Kumon. More info in the Kumon metrics tab.

What is the Kumon Franchise Failure Rate?

Kumon franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise!

Kumon failure rate over the past 3 years is 12%. Over the last year we have data for, Kumon had a franchise failure rate of 2%.

Without a comparison, this number doesn’t mean much. Compare how the Kumon franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Kumon. More info in the Kumon metrics tab.

How can I find out more details on Kumon franchise?

Visit the Kumon metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today today for exclusive access on this franchise opportunity!

Investment Midpoint

The average of the low and high range of the investment amounts calculated from the most recently available Franchise Disclosure Document

Kumon

$102,174

Industry median

All franchises median

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Royalty Fee

The median royalty fee from the Franchise Disclosure Document

Kumon

$15 per student

Industry median

All franchises median

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Franchise Fee Midpoint

Payment that the franchisee must pay to the franchise owner in order to start a franchise.

Kumon

$1,000

Industry median

All franchises median

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Item 19 – Financial Performance Representations

Historical financial performance representations

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Franchise Financials

Franchisor company financial information and financial performance representations, if disclosed by the franchisor.

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Franchise Disclosure Document

Download Latest FDD (2021)

General

Industry

Education Programs

Category

Tutoring

SBA Identifier

S0962

Year of Founding

1989

Fees

Marketing Fee

NA

Royalty Fee

$15 per student

Franchise Fee

$1,000-$1,000

Investment Range

$64K-$140K

Location units

Total U.S. Locations

1595

U.S. Franchised Units

1568

U.S. Corporate Units

27

Headquarters (City)

Ridgefield Park

Other

Item 19 - Franchise Financials

Yes

Financing Availability

yes

Started Offering Franchises

1994

Issuance of FDD Data

03/31/2021

Detailed Franchise metrics for Kumon

Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for Kumon below. “N/A" or Not Applicable results mean that there is not enough data available to compute a precise rate or that the result is not mathematically computable. When results are not mathematically computable, you should pay attention to the absolute values (#) instead of the percentage rate itself.

Franchise Fee Midpoint

Payment that the franchisee must pay to the franchise owner in order to start a franchise.

Kumon

$1,000

Industry median

All franchises median

Unlock premium content

Franchise Disclosure Document

Download Latest FDD (2021)

Net Unit Growth (most recent year)

Net Unit Growth (3 years)

Failure Rate

Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.

 

1 year

3 years

Kumon

5%

12%

Industry median

All franchises median

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Franchise for Sale Rate

The percentage of units transferred to new franchisees and reacquired by franchisor.

 

1 year

3 years

Kumon

4%

11%

Industry median

All franchises median

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Business details

Website

https://***********.com

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Business email

**********@******.com

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Mailing address

55 Challenger Road

State headquarters

New jersey

Key leadership

Kumon

Phone

+1 (000) 0********00

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City

Ridgefield Park

Zip code

07660
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