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Kumon Math and Reading Center of O’Fallon looking for potential buyer

O’FALLON, Ill. – After small-business entrepreneur Michelle Pedersen opened the Kumon Math and Reading Center of O’Fallon in 2011, it quickly grew into a community staple, serving more than 300 families in Metro East. Some students travel two hours on weekends because it is the closest Kumon Center to their town.

Now, Pedersen and her family are planning to relocate to Florida. If Pedersen is unable to find a buyer for her center, it will have to close, leaving a lot of families without high quality supplemental education.

“Whether their children are studying above grade level or need a little extra help, I have a lot of families that truly rely on the Kumon Center of O’Fallon,” said Pedersen, who is both Instructor and owner. “I first opened the center because I wanted to provide superior educational opportunities to the children in my community. In the process, they have become a part of my family, and I would hate for them to lose out on the opportunities they have today if we can’t find a buyer.”

The potential buyer would be backed by the support of a world-class franchise, she said. Earlier this year, Kumon was named the No. 1 tutoring franchise in Entrepreneur’s annual Franchise 500 issue for the 15th consecutive year and recognized by Entrepreneur Magazine as a 2016 “Best of the Best” for the 18th time. Kumon’s consistently high industry rankings make it an ideal business opportunity for individuals with an entrepreneurial spirit and passion for helping children succeed.

“Kumon is not only time-tested, but the success is evident in its continued growth, as Kumon recently surpassed a company milestone with 400,000 students enrolled in North America,” said Trevor Martin, franchise recruiter for Kumon North America.

Kumon has what it calls the lowest franchise fee — $1,000 — and lowest initial startup cost in the supplemental learning industry. Franchisee support goes well beyond the initial financial incentives valued at $19,000. 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.

For more information on the Kumon Math and Reading Center of O’Fallon, contact Trevor Martin at tmartin@kumon.com or (314) 643-9269.

      From the Illinois Business Journal

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