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 855-KUMON-US (855-586-6687) or email us and we’ll be glad to help.
| Type of Expenditure | Amount | Method of Payment | Payment Made To |
|---|---|---|---|
| See Notes | |||
| Training Agreement Deposit Fee | $500 | Lump sum | Kumon |
| Type of Expenditure | Amount | Method of Payment | Payment Made To |
|---|---|---|---|
| See Notes | |||
| Expenses while Training | Instructor Development Program $4,410–$6,820 | As arranged | Airlines, hotels, restaurants, etc. |
| Type of Expenditure | Amount | Method of Payment | Payment Made To |
|---|---|---|---|
| See Notes | |||
| Initial Franchise Fee | $1,000 less the $500 Deposit Fee if you are obtaining your first Kumon Center Franchise. | Lump Sum | Kumon |
| See Notes | |||
| Initial Purchase of Materials | $1,000 | Lump Sum | Kumon |
| Type of Expenditure | Amount | Method of Payment | Payment Made To |
|---|---|---|---|
| See Notes | |||
| Architect design | $0–$9,500 | As Arranged | Architect |
| Leasehold Improvements | $30,000–$65,000 | As Arranged | Contractor |
| See Notes | |||
| Furniture, Equipment, Primary Sign & Supplies | $0–$5,500 | As Arranged | Kumon and Vendors |
| See Notes | |||
| Notebook Computer at Kumon Center | $600–$1,400 | As Arranged | Vendors |
| See Notes | |||
| Professional Fees | $1,000–$3,000 | As Arranged | Accountant, lawyer |
| Liability Insurance | $445 | Semi-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, state |
| Business Phone Line and Internet Access | $200–$400 | Lump Sum | Kumon’s Vendor |
| See Notes | |||
| Recommended Reading List | $2,550 | As arranged | Vendors |
| See Notes | |||
| Fingerprinting, Criminal Background Check | $18–$60 | Certified check or money order | Treasury of the United States |
| Type of Expenditure | Amount | Method of Payment | Payment Made To |
|---|---|---|---|
| See Notes | |||
| Security Deposit, if Required | $0–$4,500 | As required by landlord | Landlord |
| Rent | $1,500–$4,500 | As required by landlord | Landlord |
| Type of Expenditure | Amount | Method of Payment | Payment Made To |
|---|---|---|---|
| See Notes | |||
| New Center Marketing | $4,000–$6,000 | As arranged | Vendors |
| Type of Expenditure | Amount | Method of Payment | Payment Made To |
|---|---|---|---|
| See Notes | |||
| Payroll Cost for Assistants (3 Months) | $3,750–$4,125 | Check or payroll service | Assistants |
| See Notes | |||
| Additional Funds (3 months) | $13,500–$18,000 | As arranged | Vendors, utilities |
Legal Disclaimer
This information is not intended as an offer to sell or the solicitation of an offer to buy a franchise. We offer franchises solely by means of our Franchise Disclosure Document. Certain states and foreign countries have laws governing the offer and sale of franchises. If you are a resident of one of these states or foreign countries, we will not offer you a franchise unless and und until we have complied with all applicable legal requirements in your jurisdiction.
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.
1.855.KUMON.US