The National Minority Franchising Initiative (NMFI) recognizes Kumon, the world’s largest after-school education company, as one of the top 25 franchises for Hispanics in the tutoring industry. Kumon helps children of all ages and abilities from preschool to high school. The company is currently interviewing college-educated franchisee candidates who are passionate about children, have a strong desire to improve their communities through education, and can speak both English and Spanish fluently.
“Education is a rewarding profession,” says Deven Klein, Kumon’s vice-president of franchising for North America. “Many of our franchisees opened a Kumon Center because they felt it would provide the greatest positive impact on children in their local communities.”
Hispanics comprise approximately 15 percent of the population, but the NMFI estimates only six percent own franchises. Kumon is actively recruiting Hispanic franchisees in markets across the United States. The initial investment to open a Kumon Center ranges from $33,000 to $131,000.
Tutoring is a widespread option for an increasing number of families in the United States. The average Kumon Center student enrollment increased 57% percent since 2002. Children enroll in Kumon for both remedial and enrichment help, and many continue in the program until they graduate high school. Amongst the Hispanic population, the spending power of Latinos is nearing $1 trillion.
