TEANECK, N.J., March 21, 2011 /PRNewswire/ -- Kumon, the world's largest after-school math and reading enrichment company, seeks candidates to join its fast-growing franchise system. Candidates must qualify prior to the May 2 deadline to take advantage of the $27,500 in business incentives.
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At a time when many businesses are struggling to stay afloat, the tutoring industry is flourishing. According to The New York Times, spending on tutors is growing more than five percent a year. Kumon has exceeded industry norms as a result of more families enrolling to help their children excel in school. The company grew 16 percent in the first two months of 2011, enrolling more than 300,000 students in North America. Overall, Kumon has grown by 12 percent since last year.
"Owning a Kumon Center is highly rewarding both personally and professionally," said Hideki Kusuzawa, president of Kumon North America. "As more families experience the value and benefit of ability-based learning, interest in our learning method continues to grow."
The greatest demand for Kumon Franchise openings is in the Northeast. The company is expanding aggressively in Philadelphia, New York and Boston, as well as many other areas across the country that are ideal for interested business owners.
As Kumon continues to grow, so do the accolades for the company. In the past two months, Kumon earned recognition from Forbes as the "No. 3 Franchise for the Money" and was named an "AllStar Franchise for 2011" by AllBusiness.com. These awards, in addition to being named the "No. 1 Franchise" in the tutoring industry by Entrepreneur magazine for the 10th consecutive year and the No. 14 franchise among all 500 franchises reviewed, make Kumon one of the most-lauded after-school enrichment companies in the country.
With more than 53 years of experience working to maximize the potential of children, the Kumon Franchise system offers stability and a time-tested model for success. The initial investment to open a center ranges from $36,538 to $145,250. Interested candidates are invited to visit www.kumonfranchise.com or call 1.866.633.0740 and must prequalify to attend a Kumon Franchise seminar by demonstrating proof of $50,000 in liquid capital and $150,000 in net worth. Candidates should call to reserve a spot at a Kumon Franchise seminar.
Kumon Franchise Seminars:
- March 22, King of Prussia, Pa., 3 p.m. to 7 p.m.
- March 22, Lawrenceville, N.J., 11 a.m. to 3 p.m.
- March 24, Long Island, N.Y., 5 p.m. to 9 p.m.
- March 24, Plainview, N.Y., 5 p.m. to 9 p.m.
- March 26, Burlington, Mass., 3 p.m. to 7 p.m.
- March 28, Bay Ridge, N.Y., 10 a.m. to 2 p.m.
- March 29, Cincinnati, Ohio, 3 p.m. to 7 p.m.
- March 30, Columbus, Ohio, 2 p.m. to 6 p.m.
- March 31, Detroit, Mich., 2 p.m. to 6 p.m.
About the Kumon Franchise Business:
Kumon is an ideal small business opportunity for professionals who want to help children from preschool to high school unlock their potential so they can achieve more on their own. The Kumon Method is an individualized, ability-based math and reading program. Kumon Franchisees must have a four-year college degree, be proficient in math and reading and have investment capital of $50,000 and a net worth of at least $150,000. Founded in 1958, Kumon has 26,000 centers in 46 countries and is the world's largest after school education company, with more than 4 million students studying worldwide. Kumon North America is headquartered in Teaneck, N.J. Candidates can visit www.kumonfranchise.com or call 1.866.633.0740 to learn more about franchise opportunities.
SOURCE Kumon North America