May 02, 2023 // Franchising.com // RUTHERFORD, N.J. - Kumon has once again ranked No. 1 on Entrepreneur magazine’s Top 100 Franchises for Less Than $100,000 list. This is Kumon’s fourth consecutive year in the top spot on the ranking.
“We are pleased to again be recognized as the best franchise to buy for less than $100,000,” said Mike Shim, senior vice president of field operations for Kumon North America. “We know new business owners are concerned about the economy, so we do everything we can to keep the cost of a Kumon Franchise affordable. We want our Instructors to be able to stay focused on helping their students and growing their business.”
Entrepreneur’s low-cost ranking is based on startup costs as well as inclusion in the magazine’s prestigious Franchise 500®, which reflects outstanding performance in areas such as costs and fees, size and growth, support, brand strength and financial strength and stability. This is the 22nd consecutive year that Kumon has been ranked No. 1 in the education category and the third consecutive year that Kumon has ranked No. 6 overall on the prestigious Franchise 500 listing. Kumon recently was named to Entrepreneur’s inaugural Franchise 500 Hall of Fame.
SOURCE Kumon Franchise
Kumon Math & Reading Centers aim to help all children in North America learn how to learn by helping them acquire basic academic skills and become independent learners.