Concept Description
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 1,000 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, multi-billion-dollar industry.
Mathnasium is a proven educational franchise that helps children build a solid foundation in math, providing them with customized learning plans and a supportive, engaging learning environment. With over 1,000 locations worldwide, Mathnasium is committed to delivering top-quality math education to children of all ages and abilities. Our unique approach to teaching math has led to exceptional results for our students, who improve their grades and confidence in math. Mathnasium’s comprehensive training and support programs, advanced business tools, and proven systems make it easy for franchisees to build a successful business while making a positive impact on their communities. As a Mathnasium franchisee, you will receive a comprehensive operations manual, access to our proprietary software and online learning platform, and ongoing training and support from our dedicated team of experts.
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.
Join the Mathnasium family today and help shape the future of math education!
Testimonials
“If you are looking into a business, are passionate, enjoy working with children and helping them succeed, Mathnasium is an opportunity that should be pursued.” — David Ullendorff, Co-Founder
”I was a math teacher for 22 years. … As soon as I saw Mathnasium’s curriculum, I turned in my retirement papers to open a Mathnasium.”
— Nick Mele, Multicenter Franchisee
“I moved to the U.S. in 2007 and opened my first center in 2011. Due to the success of this center,
I went on to open another three locations within four years and became one of the country’s top
8% of owners. Mathnasium offers a phenomenal math curriculum, business model and support
system to enable success and provide a highly satisfying career.”
— Aileen Clarkson, Multicenter Franchisee
“I have always had a passion for children and for teaching, so a Mathnasium franchise seemed like
a perfect fit. This is such a rewarding business, and you can’t put a price on the feeling that you
get from helping a student succeed. I look forward to going into our center every single day. I now know the difference between a job and a career.”
— Matrice Williams, Franchisee and Center Director
“All over the world, the demand for expertise in mathematics is growing. Effective mathematics
tutoring is difficult to find at an affordable price. The Mathnasium teaching method, curriculum and business models are meeting these needs, and I am excited to be a part of it.”
— Steve Ross, Franchisee and Center Director
“Children don’t hate math. What they hate is being confused, intimidated and embarrassed by math. With understanding comes passion, and with passion comes growth — a treasure is unlocked.”
— Larry Martinek, Principal Education Officer
Publicity
Unit Option
Single, Multiple, Area Representative/Master Developer
Background
FDD Franchised Units: 1,043
Corporate Owned Units: 4
Projected New Units: 93
Year Established: 2002
First Year Franchised: 2003
Type of Business: Franchise
Hours of Operation: Early Evenings Required
Number of Employees: Medium (6-20)
History:
In the 1990s, education industry pioneers Peter Markovitz and David Ullendorff recognized that, to truly be successful in school and in life, students need a solid understanding of mathematics. There was a vast disconnect, though, between students’ learning skills and the math curriculum they were taught in school.
To address that gap, they founded Mathnasium — a math-only learning center committed to providing the world’s best instruction. Their goal: teach children how to think, with the skills to succeed in math and the confidence to achieve their academic potential.
After an exhaustive search, they found the perfect person to help them achieve their vision: Larry Martinek, a beloved educator, teacher trainer and curriculum consultant. Larry and Mathnasium’s expert team spent years refining the most powerful teaching methods and materials into the comprehensive, industry-leading Mathnasium Method™.
The trio opened the first Mathnasium Learning Center in Los Angeles in late 2002 and began franchising in 2003. The extraordinary dedication of Mathnasium’s local center owners and staff, combined with Mathnasium’s child-centered approach, proved wildly successful. Mathnasium has become an award-winning, world-class math education company, and global demand for our service has soared.
Availability
Territories: United States, Canada: Registered
Financials
Liquidity: $112,000
*Investment Range: $127,316 - $165,846
**Average Investment: $125,000 - $150,000
Provided by the Franchisor
Minimum Net Worth: $100,001 to $250,000
6 Month Cash: $30,001
Franchise Fee: $49,000
Royalty: 10%
Royalty Description: Initially, 10% of your monthly Gross Receipts from all sources as a result of operating your center. Beginning in the 24th month of operation of the center, the greater of the 10% monthly royalty or $1,500.
Advertising: National: $250 plus 2% of your monthly Gross Receipts from all sources as a result of operating your center. Local: $4,000 in the two months prior the opening of your center, and $6,000 in every 3 consecutive months thereafter during the term of your Franchise Agreement.
National Advertising: 2%
Ramp-Up: 1 to 3 months
Passive Ownership: Semi- passive after 1 year
Passive Ownership means the owner is working 15 hours or less per week in the business.
Passive Ownership Explain: Mathnasium is not a "passive" initial investment. At most, semi-passive for at least a year after center opening until the center's team infrastructure is cohesive. We look for, to start, one center operating franchisees, who can be the face of the center and full time involved in the center and the business. We would much rather the owner stay heavily involved in the center business at all times. It is possible, initially, to have a full time hired Center Director (CD), to oversee the business with the owner/franchisee still heavily involved. This option, would take away from the initial profitability of the center if the Owner did not act as the CD, although 1st year profitability is still possible.
Available Discounts
- Veterans
Discount Description: If you are a qualifying veteran honorably discharged from the U.S. Armed Forces (Navy, Marines, Army, Air Force, Coast Guard and National Guard) or if you are an active duty member of the U.S. Armed Forces on the effective date of the Franchise Agreement, the initial franchise fee for your first center will be reduced by 25%. We also offer 25% discount for Educators as well.
Training, Support and Assistance
Co-Operative Advertising: N/A
Site Selection Assistance: Available
Lease Negotiation Assistance: N/A
Length of Training: 5 weeks and stages
Training Description:
World-Class Training and Support:
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.
- Dedicated startup specialist
- Franchisee news and information blog
- Comprehensive initial and ongoing training, both in person and online
- Dedicated franchise business consultant
- Live franchisee support desk
- Training at global franchisee conventions
- Regular regional franchisee meetings
Operational and Marketing Tools:
Advanced Business and Marketing Tools:
- Radius — Our custom-built, all-in-one system for managing customers, employees, training, reporting and curriculum delivery
- Comprehensive operations manual that covers nearly every business need
- Social media and online marketing tools
- Customer review management tool
- Customizable marketing materials
- Customizable center website
- Proprietary, online instruction platform —Mathnasium@home
Financing Assistance: N/A
