Teaneck, N.J. (July 16, 2014) – Kumon, the world’s largest after-school enrichment program, launched expansion plans to meet the growing demand for supplemental education services throughout the United States. Attractive business incentives are available to new franchisees who want to open in the following fast-growing markets:
|New York, NY
Elkins Park, PA
Salt Lake City, UT
|San Fernando Valley, CA
San Francisco, CA
San Diego, CA
“We offer business incentives up to $18,500 related to start-up costs. Our $2,000 franchise and materials fee is the lowest in the industry,” said Larry Lambert, vice president of franchise recruitment at Kumon North America. “We are seeking potential franchisees that are business driven and passionate about helping children succeed.”
The private tutoring service market is projected to reach $196.3 billion by 2020, according to a recent comprehensive report by Global Industry Analysts, Inc. Enrollment in Kumon centers has seen a 194 percent growth since 2002 in the U.S., with a 78 percent increase in average enrollment per center during the past decade. Its current franchise community consists of 1,492 independently owned and operated Kumon learning centers in the U.S.
Entrepreneur magazine’s annual Top 500 ranking of franchises recently ranked Kumon as the No. 1 education franchise in the U.S. for the 13th consecutive year. The ranking is considered the most comprehensive ranking based on objective, quantifiable measures of franchise success. Kumon has also been ranked No. 3 by Forbes in the “Top Franchises For the Money.”
To inquire about franchise opportunities call Thomas Kuczek at (866) 633-0740 or email [email protected]. Entrepreneurial-driven individuals can also submit applications online at www.kumonfranchise.com.
About the Kumon Franchise Business:
The Kumon Method is an individualized, ability-based math and reading program for children of all ages and abilities. Kumon Franchisees must have a four-year college degree, be proficient in math and reading and have investment capital of $70,000 and a net worth of at least $150,000. Founded in 1958, Kumon has 26,000 learning centers in 48 countries and regions. With four million students enrolled, it is the world's largest after-school math and reading enrichment program.