Mathnasium Franchise FDD, Costs & Fees (2024)

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Initial franchise fee
$49,000
Investment required
$113,000 - $150,000
Royalty fee
10% + $650 per month

Mathnasium: Revolutionizing Children's Math Education

Mathnasium, founded in 2002, has become a leader in the educational franchise space, specializing in math education for children. With its headquarters well-positioned, the brand has achieved global growth, underscoring its widespread appeal and success.

The franchise began offering opportunities to entrepreneurs in 2003, just a year after its launch, emphasizing an ambitious expansion strategy that has resulted in a vast network of locations worldwide.

What sets Mathnasium apart is its proprietary teaching system, the Mathnasium Method™, which goes beyond conventional tutoring approaches. This method aims to reshape how children perceive and engage with math, helping them build confidence and develop a genuine interest in the subject.

By focusing on teaching math in a way that children can easily understand and master, Mathnasium has stayed true to its mission of fostering a love for learning and making a meaningful impact on students’ academic journeys.

Initial investment

Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Type of Expenditure Amount
Initial Franchise Fee $49,000 (first franchise) / $26,500 (additional franchise)
Expenses While Training $2,500 - $3,000
Technology Fee $186 - $1,116
Rent (1st and Last Month’s Rent) $6,000 - $14,000
Paint, Carpet and Tenant Improvements $5,500 - $13,500
Furniture, Signs, Equipment and Supplies $10,000 - $17,000
Insurance $1,200 - $1,500 annually
Business License, Name Registration $250 - $1,000
Professional Services (Legal and/or Accounting) $1,300 - $2,000
Phone and Utilities $500 - $1,000
Video Surveillance and Related Equipment $500 - $2,500
Pre-Open Advertising $4,000
Additional Funds (4 Months) $32,000 - $40,000
Total (1st Mathnasium Center) $112,936 - $149,616

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Number of units

2024
Franchised units

948

951

968

Company-owned units

3

3

4

Total units

951

954

972

Franchise Disclosure Document

Training

The Mathnasium franchise provides extensive training programs designed to support its franchisees in delivering high-quality educational services. The franchisor offers both initial and ongoing training.

The initial training includes instruction on the Mathnasium Method, operational procedures, business management, and marketing strategies to ensure franchisees can effectively run their centers.

Ongoing training encompasses updates on educational techniques, center management, and tools to maintain the high standards expected from Mathnasium learning centers.

These training programs ensure that franchisees are well-equipped to meet the educational needs of their communities while adhering to the brand's methodologies and standards.

Territory Protection

The Mathnasium franchise provides territory protection to its franchisees as part of its commitment to supporting their success. Each franchisee is granted an exclusive territory where they have the sole right to operate Mathnasium learning centers.

This ensures that franchisees can focus on building their business without the risk of competition from other Mathnasium centers within their assigned area. The designated territory is determined based on factors such as population size and demographics to ensure a viable market for the franchisee.

By offering this exclusivity, Mathnasium helps franchisees maximize their potential customer base while maintaining a consistent brand presence. This territorial protection is a key feature of the franchise agreement, fostering confidence and stability for its franchisees.

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