What Is Mathnasium?
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 1,100 centers worldwide, we continue to expand in the United States. With a modest investment, franchisee share 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 live 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.
First Unit Franchised: 2003
Franchised Units: 1106
Company Owned Units: 3
US AVAILABILITY
Alabama 4
Alaska 1
Arizona 5
Arkansas 1
California 86
Colorado 11
Connecticut 19
Delaware 2
Florida 14
Georgia 6
Hawaii 9
Idaho 0
Illinois 27
Indiana 14
Iowa 1
Kansas 6
Kentucky 5
Louisiana 8
Maine 0
Maryland 9
Massachusetts 19
Michigan 15
Minnesota 8
Mississippi 4
Missouri 10
Montana 2
Nebraska 3
Nevada 0
New Hampshire 5
New Jersey 30
New Mexico 7
New York 54
North Carolina 11
North Dakota 1
Ohio 24
Oklahoma 2
Oregon 1
Pennsylvania 24
Rhode Island 5
South Carolina 7
South Dakota 0
Tennessee 5
Texas 23
Utah 3
Vermont 1
Virginia 7
Washington 8
West Virginia 1
Wisconsin 10
Wyoming 2
TOTAL 520
Canada Franchising YES
Territories Available By Province
Alberta 19
British Columbia 5
Manitoba 4
Newfoundland 1
New Brunswick 0
Nova Scotia 1
Ontario 17
Prince Edward Island 0
Quebec 0
Saskatchewan 0
TOTAL 47
Total Investment: $112,860 to $149,155
Minimum Net Worth: $112,000
Franchise Fee: $49,000
Royalty: 10% plus a $500 basee monthly
Ad: 2% plus $250 monthly marketing fee
Item 19: Yes
Average Number of Employees: 8
Visa Candidates: Yes. Must be able to fullfill 5 year Franchise Agreement Term
Semi Passive Ownership: Yes, but heavily involved.
Passive Ownership: NO
Home-Based: No
B2B: No
Master Franchise Opportunities: No
Veteran Discount: Yes, 25% of franchise fee
Educator Discount: Yes, 25% of franchise fee
Lease Negotiation Assistance: No
Recruiting Assistance: No
Cooperative Advertising: No
Training: 5 weeks provided, intensive
Ongoing Training and Support
Throughout the life of a franchise agreement, support will be there whenever the franchisee needs it. In fact, as soon as you complete your initial training, you’ll be assigned a Start-up Specialist (SUS) who will assist you through your location’s grand opening making sure you have all that you need for a successful launch. Then, once your math franchise is up and running, the franchisee be assigned a Field Business Consultant (FBC) who will regularly visit your location and provide expert advice for how to grow and maintain their business.
The franchisee will also have the advantage of regional training twice a year and an annual convention every July with Mathnasium franchisees from around the world. These conventions are invaluable opportunities to connect with your peers and share successes and tips.
Must Haves:
Commitment to focus, full time, on their center/business, as an owner operator, or at minimum, heavily, involved with a committed Center Director.
Sufficient shown liquidity available for the franchise or approved financing for at least 112K
Live within reasonable proximity of the available territory, or desire to move to it.
Ability to legally operate a business in the US for at least 5 years
Nice to Have:
Ability to adapt and learn a franchise model (Not overly entrepreneurial, rebel type)
Looking for an active new career
Experience in Education or a Learning Environment
Motivated and passionate to make a difference, improve the lives of children / families
Good people skills, personable Seeking relatively low investment and start-up costs
Ability to develop a team and infrastructure
Determined to be their own boss and grow a business
Eager to join the growing, multibillion-dollar education industry Aspiring to make a significant difference in their local community
Dedicated to improving math education and building students’ confidence Love of Math