Mathnasium
Who are we
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.
Why we do it
Mathnasium is a math education center that offers math tutoring and enrichment programs to students of all ages.
Franchisee locations
I am very happy with the experience.
Current Operator, Jun 27, 2024Started as a great company, but it feels as though focus is being pulled away from what made Mathnasium successful in the first place.
Current Operator, May 9, 2024Mathnasium provides a great franchise opportunity, with amazing feel good potential, for someone willing to invest their time building a successful center at the local level.
Current Operator, Jan 17, 2024Mathnasium is a fantastic program, but in my experience revenue is moderate. Some Mathnasium franchisees are able to make a greater revenue, but this is the exception, not the rule.
Current Operator, Dec 18, 2023Margins are low and ROI is not good.
Current Operator, Oct 4, 2023Owners are great, management has little understanding of business operations
Current Operator, Oct 2, 2023
Rating by category
Average franchise rating by category
Franchise Disclosure Documents
How much will it cost
- $49,000
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