Enjoy seeing children’s confidence grow as they master math skills and pursue their goals.
Mathnasium franchise is one of the world’s fastest-growing franchises, allowing you to help children while also helping yourself succeed.
The excellent part of owning a Mathnasium Franchise is you don’t need any prior business experience, nor do you need to be an instructor or a math specialist.
About Mathnasium Business & It’s History
Mathnasium began as a single, neighborhood math-only learning center in Los Angeles. Founded in 2002 by Larry Martinek, Mathnasium was created to provide an effective method for helping children K-12 understand and master mathematics.
The concept quickly gained traction, and Mathnasium’s first franchised learning center opened in 2003. By 2005, Mathnasium had expanded to dozens of locations in the US and Canada. The brand quickly became recognized as a math education and tutoring services leader.
In 2006, Mathnasium launched its proprietary teaching method called “The Mathnasium Method,” which combines oral instruction, written exercises, visual stimulation, and hands-on activities to help children understand mathematics through Algebra II.
By 2010, Mathnasium had over 200 centers worldwide and was featured on multiple national television programs such as ABC’s Extreme Makeover: Home Edition and NBC’s Today Show.
In 2011, Mathnasium introduced its first online program allowing students in more remote areas to access the same materials and instruction used in their brick-and-mortar learning centers.
Since then, Mathnasium has continued to spread its reach across North America, Europe, and Asia. Today, over 1,000 Mathnasium learning centers are located worldwide, with more than two million students served.
With a focus on helping children understand mathematics through personalized instruction, Mathnasium continues to be a leader in math education and tutoring services – providing children with the skills they need to succeed academically and beyond.
Mathnasium Titles And Awards
A Mathnasium is among the top 10% of Entrepreneur Magazine’s 2021 Franchise 500, and one franchise directs Top Global Franchises for 2021.
Check: Eduisfun Franchise, Kidzee Franchise
Mathnasium Franchise Model
| Initial Franchise-Fee | $49,000 |
| Net-worth Requirement | $149,110 |
| Ongoing Royalty-Fee | 10%+ |
| Area Requirement | N/A |
| Initial Investment | $112,750 – $149,110 |
| Total Outlets | 1100 |
Mathnasium Franchisee Responsibilities
As a franchisee, you’ll have access to a startup specialist who will assist you with getting your company up and running.
A dedicated franchise business consultant and online support services can help you achieve long-term success during the life of your franchise agreement.
You’ll discover how to take advantage of our tried-and-true marketing strategy, with low-cost tools and simple techniques.
Mathnasium Training And Support
- You will have access to online training materials once you join as a franchisee.
- You’ll learn financial planning for your math franchise and take Mathnasium education courses.
- You’ll also get a hands-on experience with our apprenticeship program in a live setting with children.
- Support will be available to you during the term of your franchise agreement.
- As soon as you finish your initial training, you’ll be allocated a Startup Specialist (SUS) who will guide you through your location’s grand opening, ensuring you have everything you need for a successful launch.
Ideal Candidate For Mathnasium Franchise
Mathnasium is looking for franchisees who can:
- Dedicated to enhancing math instruction and instilling confidence in kids.
- Seeking a business with a modest initial investment and startup costs.
- Interested in working in a multi-billion-dollar sector that is booming.
- They want to make a massive impact in their community.
Mathnasium Franchise Agreement Term And Renewal
The original franchise agreement is for five years. Franchisees in good standing can sign a successor Franchise Agreement for another five years if they like.
Mathnasium Restrictions And Obligations
Franchisees or one of their principals must directly participate in and commit adequate time and effort to the franchise’s support and management to run smoothly and according to the system and instructions.
The franchisor intends to approve only franchisee candidates whose owners want to actively participate in the franchise’s direct operation and daily activities.
Mathnasium Comparison
| Company | Mathnasium | Code Ninja |
|---|---|---|
| Founded In | 2002 | 2006 |
| Initial Investment | $112,750 – $149,110 | $130,3000 to $348,550 |
| Franchise-Fee | $49,000 | $31,000 |
| Total Outlet | 1100 | 247 |
| Annual Revenue | $21.1 Million | $18 Million |
Frequently Asked Questions
What is the name of the company that owns Mathnasium?
Larry Martinek, the company’s founder
What is the total number of Mathnasium locations?
There are over 1,000 learning centers throughout the world.
Is Mathnasium a good investment?
It may appear a bit pricy initially, but it is well worth the money. The Mathnasium approach has been employed at autonomous centers for over 30 years.
Is Mathnasium a franchise?
Yes, Mathnasium is a franchised Math Learning Center.
How much does a Mathnasium franchise cost?
Starting a Mathnasium Franchise requires an initial investment of $112,750 – $149,110 with a franchise fee of $49,000.
Amit Gupta is the founder of DrFranchises – a digital marketing agency that helps brands rank better on Google Maps through local SEO strategies. Amit has over 11 years of experience in digital marketing, SEO, email marketing, and social media marketing. He’s also the owner of multiple franchises and has helped countless brands achieve success online. When he’s not working, Amit can be found playing with his dog.