– Kumon recently ranked in Entrepreneur magazine’s Franchise 500, the world’s first, best and most comprehensive franchise ranking. Placement in the Franchise 500 is a highly sought-after honor in the franchise industry, as evidenced by the fact that Entrepreneur received more than 1,000 applications this year, making it one of the company’s most competitive rankings ever.
Recognized as an invaluable resource for potential franchisees, the Franchise 500® ranks Kumon as the number one tutoring franchise for its outstanding performance in areas including unit growth, financial strength and stability, and brand power.
“With over 60 years of global operations and our commitment to helping children succeed, we are proud to be recognized once again as number one in our industry category by Entrepreneur,” said Thomas Kuczek, manager of center network development at Kumon North America, Inc. “Our consistently high industry rankings are a testament to our rich history and dedication to helping children reach their true potential. We are committed to bringing the benefits of the Kumon Math and Reading Program to as many children as possible.”
The key factors that go into the evaluation include costs and fees, size and growth, support, brand strength, and financial strength and stability. Each franchise is given a cumulative score based on an analysis of more than 150 data points, and the 500 franchises with the highest cumulative scores become the Franchise 500® in ranking order.
Over its 40 years in existence, the Franchise 500 has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees. Kumon’s position on the ranking is a testament to its strength as a franchise opportunity.
To view Kumon in the full ranking, visit www.entrepreneur.com/franchise500. Results can also be seen in the January/February 2019 issue of Entrepreneur, available on newsstands January 15th.
About Kumon Math & Reading Centers:
Kumon is an after-school math and reading enrichment program that unlocks the potential of children, so they can achieve more on their own. As a comprehensive program, Kumon serves children in preschool through high school. The learning method uses an individualized approach that helps children develop a solid command of math and reading skills. Through daily practice and mastery of materials, students increase confidence, improve concentration, and develop better study skills. Founded in 1958, Kumon has over four million students enrolled at nearly 25,000 learning centers in 51 countries and regions.
About the Kumon Franchise Business
Kumon is an ideal small business for professionals. Kumon Franchisees must have a four-year college degree, be proficient in math and reading, have investment capital of $70,000 and a net worth of at least $150,000. Founded in 1958, Kumon has over four million students enrolled at nearly 25,000 learning centers in 51 countries and regions.