What does a Mathnasium Learning Center Franchise Cost?
The cost to invest in a Mathnasium franchise ranges between $112,750-$149,110 and is a great balance between investment and opportunity. Mathnasium allows you to become your own boss, improve the lives of children and earn a great living. Prospective candidates are asked to have a minimum of $50,000 in liquid assets to qualify. If you don’t have a teaching background, you can still excel as a Mathnasium franchisee.
Own the World’s #1 Math-Only Tutoring Center, With a Proven Record of Success, for Under $150K.
Mathnasium offers a low-cost investment, simple startup, and a proven business model with a successful track record. For under $150K, you receive an exclusive, protected territory, extensive training, and ongoing national and regional support — no math or education background required. You’ll gain access to the renowned Mathnasium Method™ — our proprietary assessments, curriculum, and methodology and to [email protected], our live, web-based instructional service, to reach even more customers.
Open Mathnasium Learning Center in any of these available states: AL, AZ, AR, CA, CO, CT, DE, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, UT, VT, VA, WA, WV, WI, WY, DC.
One of the world’s fastest growing franchises, Mathnasium has changed the lives of children in grades 2-12* since 2002. With over 1,000 learning centers, we boost student grades and scores, help with homework, and offer college board preparation in a safe, fun, rewards-driven environment.
Mathnasium is top-rated year after year:
Franchise Gator: #1 in Top Hundred Franchises for 2020
Forbes: #2 Franchise To Buy in America for 2019
Entrepreneur: #7 Top Low-Cost Franchises for 2020
Franchise Business Review: #2 Education Franchise in 2020
Mathnasium’s global brand represents quality and excellent customer service. Our Net Promoter Scores (a respected customer satisfaction metric) are the best in the education industry and even across multiple industries.
Booming Tutoring Industry
With increased competition in college admissions and the global demand for STEM skills, the market for private tutoring is forecasted to reach $272.9 billion by 2024. With Mathnasium, you’ll own your own business in this booming industry and have the opportunity to own multiple locations. With each center, you’ll change children’s lives and make a difference in the local community.
Our learning centers are open year-round, at least five days per week after school and on weekends. Children typically attend 2-3 sessions weekly. And because we operate on a monthly enrollment schedule (like a gymnasium), revenue is predictable.
Once you sign a franchisee agreement, a startup specialist helps you with every aspect of launching your business. You’ll learn how to leverage our proven marketing system with easy-to-execute strategies. And we’ll teach you our custom-built tool that combines a CRM, learning management system, employee systems, document management and reporting functions. Throughout the life of your franchise agreement, a dedicated franchise business consultant and online support systems will continue to foster long-term success.
Mathnasium’s mission: Teach children math so they understand it, master, and love it. Math can change their lives, and they can change the world.
What training & support programs do you offer?
Initial training includes a comprehensive combination of online courses, classroom instruction, and hands-on experience at an operating Mathnasium Learning Center
Dedicated startup specialist to get you up to speed
Dedicated franchise business consultant for performance coaching, questions, and more
Liquid capital required: minimum $50,000 Total initial investment: $112,750 - $149,110 Ongoing fees: Monthly: Royalties: $500 + 10% of gross sales Technology license: currently $110/month National marketing: $250 + 2% of gross sales Annually: Insurance: $2,000 - $5,000 Convention: $225 per attendee Renewal: $7,000 Financing options are available through vetted third parties.
Do franchisees need prior industry experience to open this franchise?
No. 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 constant support, day after day, throughout the life of your business.
Do you offer a veterans discount?
Yes, 25% off the initial franchise fee. Many of our franchisees are veterans and love the opportunity to use the skills they gained in the service in a meaningful way.
What are the key benefits of owning this franchise?