Kumon, the largest after-school education franchise business globally, has earned the number one spot for tutoring franchise businesses in Entrepreneur's “Franchise 500” list. This is the 15th year in a row that Kumon has achieved this ranking, which is held by the industry as being the most comprehensive based on quantifiable franchise success measures.
Kumon North America Vice President of Franchise Recruitment Larry Lambert spoke about the company’s pride at being recognized again as the top franchise in the tutoring industry category by Entrepreneur. Lambert mentioned Kumon’s more than 55 years of experience in the franchise industry and the brand’s commitment to the success of the children it helps. The demand for Kumon centers has remained steady across the US, Lambert says, and the company is excited to continue growing in 2016.
In 2015, Kumon marked some new company milestones, including reaching close to 300,000 students enrolled in reading enrichment and math programs across the country. As part of one of the fast-growing industries in franchising, Kumon is leading the way with its 2,100 centers across North America and 1,500 franchises in the US.
A Quick Look at the Kumon Franchise Opportunity
Kumon franchise brand is dedicated to helping children and expanding, so the brand is seeking people who have a passion for education and the spirit of an entrepreneur. The company helps all its new franchises with business plan development, supports local marketing, provides ongoing training, and holds annual conferences for the sharing of knowledge between franchisees and education and business professionals.
A qualified Kumon franchisee will have a four-year degree from college, be proficient in reading and math, and have a net worth of at least $150,000 with $70,000 liquid. The initial franchise fee is just $1,000, the lowest in this industry segment, and the total investment ranges from $64,187 to $134,100.
Kumon is looking for qualified franchisees in many areas, including Colorado, California, New York, Texas, and Ontario. If you have a zeal for education and are ready to be your own boss, make sure industry leader Kumon is on your potential franchise opportunity list.