Mathnasium Center Learning LLC

Overview

Website: www.mathnasiumfranchise.com

Franchise Fee: $49,000

Royalties: 10% plus a $650 base monthly

Cash Investment: $112,000

Total Investment: $112,936 - $149,616

Net Worth: $0

VetFran: Yes

SBA Approved: Yes

Master Franchise / Area Developer Opportunity: No

Additional Details

Mathnasium is a revolution in math education. Our proprietary teaching method helps children catch up and get ahead while making learning fun and engaging. With over 1,000 centers worldwide, we continue to expand in the United States. With a modest investment, franchisees have an excellent opportunity to seize a share of a skyrocketing, multibillion-dollar industry.
Mathnasium's Mission: Teach children math so they understand it, master it, and love it. Math can change their lives, and they can change the world.
With math illiteracy at an all-time high, and college and technical careers becoming increasingly competitive, parents want to give their children an advantage. Mathnasium makes that attainable through a monthly membership fee, similar to a gym membership.
Students typically attend a Mathnasium Learning Center or have online instruction sessions two or three times each week for one hour, where they learn face to face with our highly trained instructors. Whether a child struggles in math or needs a greater challenge, our proven approach makes believers out of even the most skeptical parents and children. Hundreds of thousands of positive reviews and testimonials tell us that we truly change lives through math every day.
WHY Mathnasium?
Rapidly Growing Market — Global private tutoring market is forecast to reach $218 billion by 2027*
Proven Track Record of Success — 1,000+ locations worldwide, with more opening regularly
Simple Business Model — Low operating costs and membership-style revenue stream
OUR IDEAL FRANCHISEE
Commitment to focus, full time, on their center/business, as an owner operator, or at minimal, heavily, involved with
a committed Center Director.
Live within reasonable proximity of the available territory, or desire to move to it.
Sufficient shown liquidity available for the franchise or approved financing for at least 112K
AVAILABLE MARKETS
US markets available: All US Markets - Except: SD, NV
Available in Canada: Yes
NOT available: Providence of Quebec
International Referrals: No
BACKGROUND
Year founded: 2002
Year Franchised: 2003
Number of franchises currently operating: 1040
Number of corporate owned franchises: 3
Home Based: No
Absentee ownership available: No
Accepting Master Franchisor and Area Developer Referrals: No
Average number of employees required: 8
E2 Visa Friendly: Yes
FINANCIAL DETAILS
Franchise Fee: Single: $49,000
Providing earnings guidance in Item 19 in FDD: Yes
Total investment range: $112,936-$149,616
Net worth requirement: N/A
Royalty: 10% plus a $650 base monthly
Additional fees: 2% plus $250 monthly marketing and $186 monthly technology fee
Financial assistance available: No
25% off the Franchise Fee: For Educators and Veterans
VetFran program: Yes
SUPPORT & TRAINING PROVIDED
Training and support program details:
World-Class Training and Support:
There are five stages of initial training for Mathnasium. Either on your own, virtual or coming up in person Covid willing. The first stage is 30 hours self learning on your own,
The second stage is 40 hours in class, virtual at the moment, usually in person in classroom in LA, Third stage is 30 hours on your own. The Fourth stage is five half days
usually in person, currently virtual. Stage 4X (5)is virtual at the moment. May shift soon.
Whether or not you have a background in education, Mathnasium development and training
programs are designed to bring you quickly up to speed. Training doesn't end once your doors
are open; we provide c

Why Mathnasium Center Learning LLC?

Our Ideal Franchisee

Available Markets

Background

Year founded: 2002

Year Franchised: 2003

Home Based: No

Financial Details

Franchise Fee:$49,000
Providing Earnings Guidance in Item 19 in FDD:Yes
Total Investment Range: Single Unit: $112,936 - $149,616
Net Worth Requirement:$0
Royalty:10% plus a $650 base monthly
VetFran Program:Yes

Available Resales

There are currently no resales listed for this franchise.

Support & Training Provided

Training and support program details: