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UNDERSTANDING YOUR POTENTIAL EXPENSES

Your Investment

Before you embark on any new business venture it’s important to develop a solid business plan to help you estimate your potential revenues and expenses. In the table below we outline the standard costs associated with owning a Kumon Franchise. Once you review the information, please give us a call at 1-800-266-6681 or email us and we’ll be glad to help.

COSTS DUE AT SIGNING OF TRAINING AGREEMENT

Type of Expenditure Amount Method of Payment Payment Made To
See Notes
Training Agreement Deposit Fee $1,000 Lump sum Kumon

COSTS DUE AT SIGNING OF FRANCHISE AGREEMENT

Type of Expenditure Amount Method of Payment Payment Made To
See Notes
Initial Franchise Fee $2,000 less the $1,000 Deposit Fee if you are obtaining your first Kumon Centre Franchise. Lump Sum Kumon
See Notes
Initial Purchase of Materials $2,000 Lump Sum Kumon

COSTS DUE BEFORE OPENING

Type of Expenditure Amount Method of Payment Payment Made To
See Notes
Architect design $0–$15,000 As Arranged Architect
Build-Out $30,000–$80,000 As Arranged Contractor
See Notes
Furniture, Equipment, Primary Sign & Supplies $3,500–$8,500 As Arranged Kumon and Vendors
See Notes
Notebook Computer at Kumon Centre $600–$2,000 As Arranged Vendors
See Notes
Professional Fees $1,000–$5,000 As Arranged Accountant, lawyer
Liability Insurance $460 Annually, if purchased through Kumon’s insurance carrier; otherwise, as arranged with insurer Kumon or insurance agent
See Notes
Business License, Name Registration $100–$200 As required by law Local municipality, province
Recommended Reading List $3,000–$4,000 As arranged Vendors
See Notes
Fingerprinting, Criminal Background Check, Vulnerable Sector Search $50–$150 Certified check or money order Local police station, criminal background agencies, RCMP

COSTS DUE AS REQUIRED BY LANDLORD

Type of Expenditure Amount Method of Payment Payment Made To
See Notes
Security Deposit, if Required $0–$8,000 As required by landlord Landlord
Rent $3,000–$5,500 As required by landlord Landlord

COSTS DUE 90 DAYS AFTER OPENING

Type of Expenditure Amount Method of Payment Payment Made To
See Notes
New Centre Marketing $4,050 As arranged Vendors

COSTS DUE AS ARRANGED

Type of Expenditure Amount Method of Payment Payment Made To
Payroll Cost for Assistants (3 Months) $5,000–$7,500 Check or payroll service Assistants
See Notes
Additional Funds (3 months) $6,000–$10,000 As arranged Vendors, utilities
See Notes
Kumon Lead Management & Phone System $40 Monthly Kumon’s Vendor
See Notes

Total:
$59,585 – $154,985

See Notes

Top publications agree — Kumon consistently leads the way in growth and support

We know that leaving your job, hitting the restart button on your career and opening a new business is a huge commitment. But our consistently high industry rankings mean you can partner with Kumon and take that step with confidence.

Canadia Franchise Association Member - 25 Year Milestone

We'll help you get started, and be there along the way,
to help you build your business