Have you Researched on how the Science Cosmos Franchise compares to the Kumon Franchise?
Science Cosmos is an Children's Education franchise opportunity, giving franchisees the flexibility to choose their business model of operation. This is a unique opportunity where you can benefit from a low overhead and high growth businesses model. The educational enrichment niche industry is poised for explosive growth. Science Cosmos franchisees enjoy a career change or supplemental income that provides personal and financial rewards.
- Rapidly growing and still undeveloped industry
- Semi absentee ownership
- Affordable franchise startup costs
- Excellent Support to help you succeed
- Flexibility in choosing your business model
When you purchase a Kumon franchise, you get to operate a single Center (physical location). With Science Cosmos, each franchisee gets the rights to a large geographic territory. With Science Cosmos you can establish not one, but up to two separate centers. In addition, you have the flexibility of running your business as a home-based operation, center based operation, or a hybrid model of business operation.
Would you rather get the rights for One physical location, or TWO?
HOME BASED MODEL
CENTER BASED MODEL
Number of Centers Allowed for Each Franchise Purchased
You can offer classes and camps both at your center and off site. Since the Kumon business model is strictly center based, you are restricted in only offering classes at your center. Not just that, Science Cosmos can have upto SIX different streams of revenue, depending upon the model you choose.
Try motivating a Child about a 'Fun' Kumon Summer camp!
Classes at Center
Camps at Center
Classes Off Site at Schools
Camps Off Site
After School Programs
Kumon Royalties can be hefty in the back end, and that one of the reasons they keep their initial franchise fees low. See the table below for a sample comparison. You end up paying a much higher royalty in the long run.
Monthly Royalty Fees
10 Students Enrolled
20 Students Enrolled
30 Students Enrolled
50 Students Enrolled
6% of Revenues *
$32 per full-paying student *
*These are estimates based on publicly available information; Numbers are approximation to $100 per student per month, for an enrollment for classes at the center.
One positive thing about Kumon is their proprietary content. But you are limited to the subjects of Math and Reading. Science Cosmos focuses on enrichment and has a variety of courses and camps that parents can choose for their kids in the areas of S.T.E.A.M ( Science, Technology, Engineering, Arts,Math).
An innovative Hybrid model of digital lesson delivery by Science Cosmos, keep your staffing costs in control, while at the same time delivering consistent quality of teaching and offering advanced reporting capabilities.
MATH - GRADE LEVEL
MATH - HANDS ON
ENGINEERING & TECH
HYBRID CLASSROOM INSTRUCTION
Scalable. Curated. Digital
Controlled access to content
Lot of Content available on Amazon
COST TO OPEN A FRANCHISE
As we saw on the table previously, Kumon Royalties can be hefty in the back end, and that one of the reasons they keep their initial franchise fees low. See the table below for a sample comparison. You end up paying a much higher royalty in the long run. Science Cosmos does not have a requirement to run your operation in a Retail Commercial location. Its a well known fact that leasing costs for such business locations are much more expensive and you will typically be locked into a lease for several years. We do not have any requirements for the duration of your lease, while Kumon does.
If you are choosing a purely home based model, what will be your monthly lease costs? You guessed it right, its ZERO
What we have NOT shown here is how much more you will need to spend to open TWO KUMON franchises v/s opening TWO Science Cosmos centers in your territory with a SINGLE franchise purchase.
Franchise Fee Center based
Franchise Fee Home based
Retail Space Required
Exterior Sign Mandatory
Office or Flex Space is OK
Monthly Lease expense
TOTAL COST HOME BASED
TOTAL COST CENTER BASED
$19,000 to $29,000
$19,000 to $29,000
None to Moderate
$29,900 to $49,750
$39,900 to $85,150
OPTION NOT OFFERED
Option Not available
$69,428 to $140,626
*Source: Kumon:- franchisechatter.com. More details about Science Cosmos will be provided on the FDD once you complete Step 1 pre application.
How does Science Cosmos Empower Franchisees?
You get an opportunity to be in a growing and recession proof industry that enhances children’s lives. Science Cosmos works with franchisees to establish a viable children’s educational business by providing training in marketing, and other aspects of your business. The power of the Science Cosmos brand is just the beginning. We support our franchisees to deliver value to children and parents, while you run a profitable business for the long term.
Your success is our success, which is why we guide you every step of the way.
- Start-up marketing and how to find and retain clients
- How to successfully leverage the Science Cosmos brand
- Business management assistance: accounts, taxes and more
- Development of classes, camps and parties
- Access to valuable resources and materials and our online curriculums