Kumon Math and Reading Franchise

Middlesex County, MA

Main Classroom/ Turnkey Operations
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Asking Price: Get Financing: $99,000

Cash Flow: N/A

Gross Revenue: $148,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Lease Rate: $2,450 /SF/Year

Established: 1994

Kumon Math and Reading Franchise

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Business Description

It is an international franchise housed in a 2200 square feet commercial retail space. It is an educational program for children from Pre-K through 12th grade. Instructors trained by the franchisor, test prospective students, prescribe daily worksheet assignments and assist students when help is needed at the center. The center is opened twice a week for students to complete 20 to 30 minutes of assignment and return home with 5 other days of worksheets to be done at home.

It is extremely gratifying to see former students who seemed to have just started learning basic addition and subtraction facts are graduates of the most elite universities. Four have graduated +from MIT this June. Another four students are currently enrolled in a PhD program as diverse as mathematics and astrophysics.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
4
Facilities:
Desks, tables, worksheet holders/cabinets, chairs, and stools are included in the selling price.Worksheets are supplied by the franchisor.
Competition:
The town has 24,000 residents where a single family home sells for an average price of $ 900,000. Students also come from neighboring towns with lower housing costs.
Growth & Expansion:
Currently, new students enroll by virtue of word-of-mouth. A more aggressive effort in marketing can improve results markedly.
Support & Training:
Intensive training given by the franchisor spread over several months.A field representative will be assigned to the new franchisee for support. The franchisor is Kumon N.A.
Reason for Selling:
health and retirement
Franchise:
This business is an established franchise
Business Website:
http://newtonkumon.com
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Business Listed By:
winston chiong

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