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General

Industry

Education Programs

Category

STEM

Works with Franchise Brokers

Yes

Year of Founding

2003

Fees

Marketing Fee

$250 plus 2% of monthly gross receipts

Royalty Fee

10%

Franchise Fee

$49,000-$49,000

Investment Range

$113K-$149K

Location units

Total U.S. Locations

951

U.S. Franchised Units

948

U.S. Corporate Units

3

Headquarters (City)

Los Angeles

Other

Item 19 - Franchise Financials

Yes

E-2 Visa Eligibility

Yes

Started Offering Franchises

2003

Issuance of FDD Data

03/31/2022

Key Indicators

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Franchise Payback Period (Years)

Owner Salary / Compensation

Average Unit Volume (AUV)

Franchise Cost

$113K-$149K

Franchise Fee

$49,000-$49,000

What to know about Mathnasium franchise?

Mathnasium is a math education center that offers math tutoring and enrichment programs to students of all ages. The company was founded in 2002, and today there are multiple locations worldwide. Mathnasium's curriculum is designed to provide students with a strong foundation in math, and the company's tutors are trained to help students catch up, keep up, and get ahead in math. In addition to math tutoring, Mathnasium also offers test prep services for standardized tests such as the SAT and ACT. As a Mathnasium franchisee, you will operate a learning center that provides math instruction using the Mathnasium system of learning. Children typically attend Mathnasium centers two or more times per week for approximately 60 minutes. The Mathnasium method is based on our deep understanding of how children learn math. It is a combination of teaching and practice that delivers long-term results. Their program is flexible, so they can meet each child's needs and ensure that they are mastering the material. The Mathnasium franchise opportunity offers considerable potential for growth and profitability. As the world becomes increasingly reliant on math and technology, the demand for quality math education will only continue to grow. Mathnasium Learning Centers offer year-round and summer math programs designed to fit the needs of each individual student. Programs are available for students in grades K-12, and include both math tutoring and enrichment. Mathnasium is based in Los Angeles, CA. Scroll down to learn more!

How much does a Mathnasium franchise cost?

Are you wondering how much is a Mathnasium franchise? Before starting a Mathnasium franchise, it is important to know the franchise fee, working capital and other costs required to start the business. The minimum investment amount required to open a Mathnasium franchise is $112,860 and can go all the way up to $149,155. Keep in mind, you should also allocate additional funds to live off of while the Mathnasium business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Mathnasium franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Mathnasium business 2) pass break even 3) hit significant income. After (and if) you pass the point of earning significant income from your Mathnasium franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.

Franchise Net Unit Growth

Industry Report Request

Download our guide to compare Mathnasium. Hotels to the STEM, Outdoor Education Programs industry.

Franchise Data

Year Start of Year Units Opened Units Closed End of Year
2016 615 97 15 697
2017 697 106 17 786
2018 786 94 20 860
2019 860 98 23 935
2020 935 48 56 927
2021 927 52 31 948

Additional Details

How much does a Mathnasium franchise owner make?

Mathnasium franchise earnings and revenue can vary significantly from one franchisee to another. The Mathnasium franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors. Mathnasium discloses financials at the unit level. In other words, they show how much Mathnasium franchisees made in the past. Through analyzing this information available in the metrics tab, it can serve as a good basis to further explore the opportunity or not. At Vetted Biz, we advise you to speak with 5 to 10 franchisees to understand how much money they are making from the Mathnasium franchise. Roughly 60% of franchises disclose financials and it makes the process easier when filtering potential franchise opportunities like Mathnasium. Don’t just speak to existing franchisees, call franchisees who have recently left the system and try to find out how much those Mathnasium owners were making. Visit the Mathnasium metrics tab to explore the financials for this business.

What is the Mathnasium franchise fee?

Owning a Mathnasium franchise requires 10% royalty fee and $250 plus 2% of monthly gross receipts marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship. There may be other ongoing fees disclosed in the Mathnasium Franchise Disclosure Document Keep in mind, there is also an initial Mathnasium franchise fee of $49,000 that is included in the initial investment amount of $112,860 to $149,155. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Mathnasium franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Mathnasium franchise fee of $49,000. Visit the Mathnasium metrics tab to explore the financials for this business, royalty and marketing fees compare to other Education Programs franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was Mathnasium founded?

Mathnasium started offering franchises in 2003. Mathnasium was founded 19 years ago in 2003. At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many Mathnasium locations are in the U.S.?

As of 2022, there were 948 locations across the U.S. There are also 3 corporate locations. Most Education Programs franchises like Mathnasium have more franchised locations than corporate locations.

How many Mathnasium franchises opened over the past few years?

Over the prior 3 years we have data for, Mathnasium has opened 198 outlets throughout the U.S. Visit the Mathnasium metrics tab to explore how the openings compare to other Education Programs franchises.

How many Mathnasium franchises closed over the past few years?

Over the prior 3 years we have data for, Mathnasium has closed 110 outlets throughout the U.S Visit the Mathnasium metrics tab to explore how the openings compare to other Education Programs franchises.

Is Mathnasium growing? Are they opening more locations than they are closing?

The net unit growth rate for Mathnasium over the past 3 years is 10%. Over the last year we have data for, Mathnasium had a net unit growth rate of 2%. Without a comparison, this number doesn’t mean much. Compare how the Mathnasium growth rate compares to 2,000+ other franchises and Industry franchises like Mathnasium. More info in the Mathnasium metrics tab.

Is Mathnasium franchise eligible for an SBA Loan?

Mathnasium is eligible for SBA loans including the 7(a) loan. To find out more about the SBA loan program for franchising click here. Mathnasium franchise was assigned the SBA Franchise ID of S1089 on 10/01/2017. This DOES NOT mean the SBA endorses this franchise. The SBA Franchise Directory will only include business models like Mathnasium that are reviewed and found eligible under SBA’s affiliation rules and other eligibility criteria. Currently, there are over 7,000 franchise opportunities that the SBA has deemed eligible for SBA financing.

Is Mathnasium a franchise in the United States?

According to the SBA, Mathnasium meets the Federal Trade Commission (FTC) definition of a franchise. The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items about the franchise, its officers, and other franchisees. Be sure that Mathnasium provides you with an FDD if you are in discussion to buy a Mathnasium.

What is the Mathnasium Franchise for Sale Rate?

The Mathnasium systemwide health and franchisee satisfaction can be measured by the Mathnasiumfranchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor. Mathnasium franchise for sale rate over the past 3 years is 15%. Over the last year we have data for, Mathnasium had a franchise for sale rate of 4%. Without a comparison, this number doesn’t mean much. Compare how the Mathnasium franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Mathnasium. More info in the Mathnasium metrics tab.

What is the Mathnasium Franchise Failure Rate?

Mathnasium franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise! Mathnasium failure rate over the past 3 years is 12%. Over the last year we have data for, Mathnasium had a franchise failure rate of 3%. Without a comparison, this number doesn’t mean much. Compare how the Mathnasium franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Mathnasium. More info in the Mathnasium metrics tab.

How can I find out more details on Mathnasium franchise?

Visit the Mathnasium metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today today for exclusive access on this franchise opportunity!

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Investment Midpoint

The average of the low and high range of the investment amounts calculated from the most recently available Franchise Disclosure Document

Mathnasium

$131,008

Industry median

All franchises median

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Royalty Fee

The median royalty fee from the Franchise Disclosure Document

Mathnasium

10%

Industry median

All franchises median

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Franchise Fee Midpoint

Payment that the franchisee must pay to the franchise owner in order to start a franchise.

Mathnasium

$49,000

Industry median

All franchises median

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Item 19 – Financial Performance Representations

Historical financial performance representations

Unlocked Vetted Member Access

Franchise Financials

Franchisor company financial information and financial performance representations, if disclosed by the franchisor.

Unlocked Vetted Member Access

General

Industry

Education Programs

Category

STEM

Works with Franchise Brokers

Yes

Year of Founding

2003

Fees

Marketing Fee

$250 plus 2% of monthly gross receipts

Royalty Fee

10%

Franchise Fee

$49,000-$49,000

Investment Range

$113K-$149K

Location units

Total U.S. Locations

951

U.S. Franchised Units

948

U.S. Corporate Units

3

Headquarters (City)

Los Angeles

Other

Item 19 - Franchise Financials

Yes

E-2 Visa Eligibility

Yes

Started Offering Franchises

2003

Issuance of FDD Data

03/31/2022
Detailed Franchise metrics for Mathnasium Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for Mathnasium below. “N/A" or Not Applicable results mean that there is not enough data available to compute a precise rate or that the result is not mathematically computable. When results are not mathematically computable, you should pay attention to the absolute values (#) instead of the percentage rate itself.

Growth Rate

The percentage change of total franchise units from one year to the next by franchisor.

 

1 year

3 years

Mathnasium

-1%

10%

Industry median

All franchises median

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Franchise for Sale Rate

The percentage of units transferred to new franchisees and reacquired by franchisor.

 

1 year

3 years

Mathnasium

7%

15%

Industry median

All franchises median

Unlock Vetted Member Access

Net Unit Growth (most recent year)

Net Unit Growth (3 years)

Failure Rate

Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.

 

1 year

3 years

Mathnasium

2%

12%

Industry median

All franchises median

Unlock Vetted Member Access

Business details

Website

https://www.mathnasium.com/

Business email

l****@mathnasium.com

Mailing address

5120 West Goldleaf Circle, Suite 400

State headquarters

California

Contact Name

Mathnasium

Phone

+1 (000) 0********00

City

Los Angeles

Zip code

90056
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