Kumon Learning Center rates vary depending on the location and type of program. The cost of a Kumon program can range from $70 to $140 per month.
In the United States, the average cost of a Kumon program is around $100 per month. This includes access to Kumon's proprietary learning materials and regular progress monitoring.
Kumon offers different types of programs, including math and reading programs, which can be taken separately or together. The cost of each program varies, but Kumon's math program typically costs more than the reading program.
If you're interested in opening a Kumon Learning Center, the franchise cost is around $40,000 to $60,000. This includes the initial investment and ongoing fees, but does not include the cost of renting or buying a location.
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Kumon Learning Center Costs
Kumon Learning Center Costs can be broken down into several key areas.
The initial investment to start a Kumon franchise can range from $67,200 to $145,600, depending on location and facility size. This cost is considered low.
Ongoing fees and charges include a monthly royalty fee of $30 initially, then $40.50 during the temporary license period and $36 after. Insurance costs $4.80 per month per math student.
Some Kumon franchises may offer a 10% discount for military veterans, reducing the initial franchise fee to $1,800.
Here's a breakdown of estimated key costs to open a Kumon franchise:
Monthly Kumon prices average $150 to $200 per subject, with discounts available for multiple subjects.
Franchise Information
Kumon learning centers can be a profitable business, with average annual turnover ranging from $173,000 to $300,000.
The initial investment to start a Kumon franchise can vary, ranging from $67,200 to $145,600, depending on location and facility size.
To help with startup costs, Kumon may provide up to $38,700 in franchisee incentives.
The initial franchise fee is $2,000, with a 10% discount available for military veterans.
Here's a breakdown of the estimated costs to open a Kumon franchise:
Ongoing fees and charges for a Kumon franchise include monthly royalty fees, insurance, relocation fee, and new center marketing fund.
The monthly royalty fee is $30 per student initially, then $40.50 per student during the temporary license period and $36 per student after that.
The relocation fee is $2,000, and the new center marketing fund is $220 per month for the first 18 months.
Business and Financial Details
Kumon learning centers require a significant investment to get started, with set-up costs ranging from $67,200 to $145,600.
The initial franchise fee is $2,000, and military veterans may be eligible for a 10% discount off this cost. This fee is relatively low compared to other franchise opportunities.
To give you a better idea of the costs involved, here's a breakdown of the estimated key costs to open a Kumon franchise:
Kumon learning centers can be profitable, with average annual turnover ranging from $173,000 to $300,000 and a net profit margin of about 30%. This can translate to a profit of around $52,000 to $70,000 per year for the franchise owner.
Monthly Course Fees
For the Kumon Japanese Language Program, monthly course fees vary depending on your age and location.
If you're 12 years old or under, the monthly fee for the correspondence course is 8,250 yen. For the Class Course, the fee is 7,700 yen in Tokyo/Kanagawa and 7,150 yen in other areas.
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The monthly tuition for the Class Course includes the cost for learning materials and consumption tax.
Here's a breakdown of the monthly course fees for the correspondence course:
And for the Class Course:
It's worth noting that the tuition fee for every month in the Japanese school year (April 1 to March 31) is determined by the age you turn in that school year.
Franchise Failure Rate
The reality of franchise ownership can be tough to swallow, especially when it comes to failure rates. The average annual failure rate for Kumon franchises is 20%.
This is actually lower than other nationally recognized tutoring franchises like Sylvan and Huntington.
Franchise failure rates can be a major concern for potential business owners. The high failure rate of some franchises can be a warning sign for others.
It's essential to do your research and understand the risks involved before investing in a franchise.
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Business Details
Kumon has been around since 1958 and is headquartered in Ridgefield Park, New Jersey, offering franchise opportunities since its inception. Kumon operates in 62 countries with over 27,000 learning centers globally.
The business provides after-school math and reading tutoring to children aged two years up to pre-university via its franchised learning centers. Kumon US is a subsidiary of Japanese learning giant Kumon Institute of Education.
Kumon has approximately 1540 stores in the US and requires a minimum investment of $67,200 to a maximum of $145,600, depending on the location and size of the facility. The required investor net worth is $150,000, and the required investor liquid cash is $70,000.
Here's a breakdown of the estimated key costs to open a Kumon franchise:
Tutoring and Benefits
Kumon learning centers offer individualized tutoring that focuses on math and reading skills. This is because Kumon's unique approach emphasizes self-paced learning and mastery of basic skills.
Kumon's tutoring is designed to be highly effective, with students typically showing significant improvement in just a few months. Some students even experience a 2-3 grade level increase in just a year.
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One of the key benefits of Kumon tutoring is that it helps build confidence in students. This is because Kumon's program is designed to help students master new skills at their own pace, which can be a huge confidence booster.
Research has shown that students who participate in Kumon's program tend to perform better in school. In fact, one study found that Kumon students scored an average of 15% higher on standardized tests than their non-Kumon peers.
Kumon's tutoring is also highly flexible, with centers available in many locations worldwide. This means that parents can easily find a Kumon center near their home or work.
Reviews
Reviews of the Kumon learning center at 1187 Upper Serangoon Road #01-59 The Midtown, S533971 are mixed.
Some parents have reported a "factory-like experience" with a Centre Head who is "rude and rather dismissive of kids as well as parents".
On the other hand, one parent noted that their child had a "major improvement in the mathematic" after attending the class, and praised the teacher for being "very attentive to the kids over at the center and patience too".
Another parent simply stated that this is "one of the best Kumon learning centre in Singapore".
Here's a summary of the reviews:
- 4 reviews total
- 2 reviews mention a negative experience
- 2 reviews mention a positive experience
Sources
- https://tutors.com/costs/kumon-cost
- https://www.kumon.ne.jp/jpn/english/enrollment_formalities/
- https://swoopfunding.com/us/business-loans/franchise-finance/kumon-franchise/
- https://www.franchisechatter.com/2013/06/22/franchise-costs-2013-detailed-estimates-of-kumon-franchise-costs-2013-fdd/
- https://skoolopedia.com/app/enrichment/kumon
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