Entrepreneur Magazine Ranks Kumon No. 1 Education Franchise for 15th Consecutive Year
TEANECK, N.J. - Jan. 13, 2016 // PRNewswire // - For the 15th consecutive year, Kumon, the world's largest after-school education company, has been ranked as the number one tutoring franchise in Entrepreneur's annual Franchise 500 Issue. The ranking is considered to be the best and most comprehensive ranking based on objective, quantifiable measures of franchise success.
"With more than 55 years of franchise experience and a global commitment to helping children succeed, we are proud to be recognized once again as number one in our industry category by Entrepreneur," said Larry Lambert, vice president of franchise recruitment at Kumon North America. "We are excited to continue our growth in 2016 as the demand for more Kumon learning centers continues to be seen throughout the United States."
Kumon recently surpassed company milestones across the country with nearly 300,000 students enrolled in math and reading enrichment programs nationwide. As a company dedicated to children, Kumon consistently seeks individuals with a passion for education and an entrepreneurial spirit to support its continued growth as more learning centers are projected to open this year.
Supplemental education is one of the fastest-growing franchise industries and with 2,100 Kumon Centers in North America and 1,500 franchise units in the United States, Kumon continues to lead the way in the industry. Franchisee support, which goes well beyond the initial financial incentives totaling $19,000, makes Kumon an attractive opportunity for many individuals looking to enter the franchise business.
Kumon assists all new franchisees in the development of a concrete business plan, supports local marketing with national student recruitment initiatives, provides ongoing training, and opportunities to learn from experts and other franchisees during annual conferences. In addition, Kumon has the lowest franchise fee – $1,000 – and lowest initial startup cost in the supplemental learning industry.
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 and have investment capital of $70,000 and a net worth of at least $150,000. Founded in 1958, Kumon has four million students enrolled in 26,000 learning centers in 48 countries and regions. Kumon North America is headquartered in Teaneck, NJ. Visit www.kumonfranchise.com to learn more.
SOURCE Kumon North America