Mathnasium Franchise Opportunity in USA/CA

Franchise Units

CanadaN/A
USA968
InternationalN/A
Corporate4

Franchise Fee

Starting From $49,000

Liquid Capital Required

Starting From $112,000

Total Investment

Starting From $112,936

In Business Since

2002

Franchising Since

2003

Territories

ALL USA

CATEGORY: Franchise for Sale
INDUSTRY: Child Care & Education Franchise Opportunities | Service Franchises for Sale
LISTING TYPE: Learning Centre & Tutoring Franchises for Sale | Learning Centre & Tutoring Franchises for Sale | School Franchises for Sale

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!

Day in the life of the franchisee

As a franchisee of Mathnasium, your daily routine would be focused on helping students of all ages and backgrounds achieve their goals in math. Each day would start with greeting students and their families as they arrive at your center, getting to know them, and understanding their unique learning needs. You would work with your team of instructors to develop personalized learning plans and track progress, adjusting the plans as needed to ensure each student is reaching their full potential.

Your days would be filled with overseeing your team, managing inventory, analyzing data, and problem-solving. You would use Mathnasium’s proprietary software, Radius, to manage customer interactions, employee training, reporting, and curriculum delivery, which would make managing your center more efficient and effective. You would also use social media and online marketing tools to attract new customers and manage customer reviews to ensure customer satisfaction.

One of the most rewarding parts of your day would be seeing the progress your students make over time. You would build strong relationships with them and their families, celebrating their successes and providing guidance and support when they face challenges. You would take pride in knowing that you are making a difference in their lives, helping them build confidence and skills that will serve them for a lifetime.

Being a Mathnasium franchisee is not without its challenges, but the franchise provides you with the necessary tools and support to overcome them. From comprehensive operations manuals that cover nearly every business need to world-class training and support, Mathnasium’s commitment to your success is unwavering. You would have access to dedicated startup specialists, franchise business consultants, and a live franchisee support desk to help you navigate any challenges that arise.

One of the most significant benefits of being a Mathnasium franchisee is the impact it can have on your personal and professional growth. You would have the opportunity to make a positive impact in your community while developing essential business skills and building your own business. Mathnasium’s proven systems, world-leading approach to teaching math, and growing demand for its services offer a modest initial investment, manageable ongoing costs, and recurring revenue.

Overall, being a Mathnasium franchisee would offer a challenging yet rewarding experience that makes a real difference in the lives of your students and your community.

https://www.youtube.com/watch?v=gw4QAL1tgS0

This is an owner operator model primarily.

The Franchisee is generally the Center Director. Duties for Center Director include – Takes overall responsibility for the running of the center, managing the floor and the staff, dealing with parents and handling basic business administration. Many franchisees choose to initially fulfil this role themselves, whilst others will employ a Center Director and just handle the more advanced business requirements (financial management etc.). The choice is yours and your training will be adapted to suit your proposed level of involvement.

Candidate Buying Points

The Franchisee Advantage

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
Advanced Business and Marketing Tools:
Social media and online marketing tools
Customer review management tool
Customizable marketing materials
Customizable center website
Proprietary, online instruction platform — Mathnasium@home

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

Proven Systems:

One of the biggest advantages of franchising versus pursuing your own startup business is the ability to use proven, established systems. As a Mathnasium franchisee, you’ll benefit from more than 18 years of successful business operating systems.

We’ll teach you how to do all of this, and more:

Reach using the Mathnasium Method
Hire instructors
Attract new customers
Select a site and manage center build-out
Manage your center for success
Retain existing students

Our Success Is in Our Business Model

Together with our world-leading approach to teaching math and the growing demand for our services, we owe our success to the simple, efficient business model behind the Mathnasium operation. Compared to other opportunities, Mathnasium’s business model offers a modest initial investment, manageable ongoing costs, and recurring revenue. After having found success in their first center, many franchisees have opened up additional centers to increase their financial potential.

INITIAL INVESTMENT

Investment to begin operation of the first Mathnasium ranges from $112,750 to $148,500. This includes a $49,000 franchise fee, construction costs of the center, furniture, and computer equipment, first and last month’s lease, business registration and pre-open advertising. For additional units, the franchise fee is reduced to $26,500.

REVENUE

Enrollment at Mathnasium is set up like a gym membership: Students pay an upfront registration fee and ongoing monthly fees for continued attendance. Typical student enrollment is structured with multi-month packages between $249/month and $349/month per student, depending on location. Enrollment agreements are generally set up for automatic billing to a customer s credit card or ACH account. Initial registration fees are typically between $100 and $200.

COSTS

Ongoing costs to operate a Mathnasium can be broken down into five main areas:

Lease — Rent will vary according to location. The size of the space should be 1,200 to 1,600 square feet, in a centrally located part on the franchised territory with driving visibility and with other mid-range to high-end retail stores.
Wages — The majority of labor costs are for math instructors, who work with a 4:1 student-to-instructor ratio and get paid hourly, typically a bit above the local minimum wage. Most
franchisees manage the day-to-day operation themselves, but some choose to hire a full-time (or near full-time) Center Director for this role.
Royalties — Royalties include 10% of revenue plus a base fee of $500/month. There is a
$110/month technology fee and a $45/month Mathnasium@home fee.
Marketing — Franchisees must spend $2,000 per month on the marketing of their own center locally. To achieve efficiencies of scale, franchisees also contribute 2% of revenue plus $250 per month to be used for national marketing.
General Business Costs — Other costs include insurance, phone, utilities, video surveillance, computer equipment maintenance, office supplies like paper and printer toner, and general center upkeep.