What is Mathnasium?
Mathnasium, the iconic math education franchise, is in the business of helping kids fall in love with math. Since our founding in 2002, Mathnasium has grown to over 1,000 locations around the world, and in that time, we’ve helped hundreds of entrepreneurs own businesses that make a true, lasting impact.
How much does it cost to open Mathnasium franchise?
The total investment to open a new Mathnasium franchise ranges from $112,860 to $148,655, making Mathnasium one of the most affordable franchise concepts in the tutoring category. Imagine having a crew, a racecar, and all the tools you need to drive ready to go.
How many Mathnasium centres are there in the world?
With more than 1,000 centres, and new locations opening weekly, Mathnasium is rapidly growing in neighbourhoods around the world. Are you ready to take the next step to becoming a Mathnasium franchise owner?
Is Mathnasium owned by Roark?
Mathnasium has been acquired by the private equity firm, Roark Capital Group! We are excited for ... LOS ANGELES, June 29, 2020 /PRNewswire/ -- Mathnasium Learning Centers — com... Mathnasium is a proud founding sponsor of National PTA's STEM + Families program, which award...
How much does a Mathnasium franchise owner make?
The estimated total pay for a Owner at Mathnasium is $130,854 per year. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated base pay is $84,074 per year.
How many Mathnasium franchises are there?
Mathnasium (also Mathnasium Learning Center) is an American education brand and supplemental math learning franchise consisting of over 1,000 learning centers in North America, South America, Europe, the Middle East, and Asia that provides instruction to students in pre-kindergarten through high school.
Who is the owner of Mathnasium?
David Ullendorff - Co-Founder - Mathnasium - The Math Learning Center | LinkedIn.
Are tutoring franchises profitable?
1851 Editor. With low overhead and initial investment fees, the typical education franchise is a profitable investment. The online tutoring market for K-12 students worldwide is expected to grow by 12.75% through 2021.
Is a Mathnasium franchise worth it?
The median of the top 50% of Mathnasium franchises earned $336,945 in revenue. Based on the 2022 ITEM 19 for Mathnasium, we estimate that the average Mathnasium franchise made $270,000 in revenue for 2021. These estimates include a 1.5 year period from when a Mathnasium Franchise Agreement is signed.
Is Mathnasium better than Kumon?
Overall, Mathnasium is the better choice for most students. Kumon has its advantages, but the learning system is more contentious than not, and learning professionals argue that it's important for a child to take control of their own education to some extent. If you want your kid to like math, put them in Mathnasium!
Is mathnasium like Kumon?
Mathnasium only offers help with math subjects. They provide math tutoring for 2nd-12th graders, as well as college prep. Kumon offers tutoring services in math and reading. However, Kumon's services are typically geared towards elementary school aged students.
When did mathnasium start franchising?
2003The 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.
What is the meaning of Mathnasium?
Mathnasium (also Mathnasium Learning Center) is an education brand and supplemental math learning franchise consisting of over 1,000 learning centers in North America, South America, Europe, the Middle East, and Asia that provides instruction to students in pre-kindergarten through high school.
Which is the best education franchise to own?
List Top 10 Best Education Franchises in India for 2022Hackberry.Skillversity.Knowledge Hunger.Fox studies.DebugsBunny.UCMAS.Henry Harvin.Inno Labz.More items...•
Is Owning a Kumon profitable?
Kumon is a very profitable business for the franchisor, with retained earnings of $19.65 million in 2021.
Is Kumon a good franchise to own?
Kumon has been a good fit for me. It is supportive on a corporate level, but more importantly it is involved with your center in a close manner. Owning a franchise allows an individual to grow a brand as big as they desire within their area, while providing a sustainable program or product.
Where was Mathnasium founded?
2002Mathnasium / Founded
Where is Mathnasium based?
Los Angeles, CaliforniaMathnasium is located in Los Angeles, California, United States .
How many Mathnasiums are there in the world?
HELP YOUR CHILD ACHIEVE THEIR FULL MATH POTENTIAL We have over 1,000 centers worldwide.
What is the meaning of Mathnasium?
Mathnasium (also Mathnasium Learning Center) is an education brand and supplemental math learning franchise consisting of over 1,000 learning centers in North America, South America, Europe, the Middle East, and Asia that provides instruction to students in pre-kindergarten through high school.
What is the mission of Mathnasium?
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.
What is Mathnasium masters?
Mathnasium is a revolution in math education. Our proprietary teaching method empowers children to catch up and get ahead while making learning fun and engaging. With over 1,000 centers on five continents, we continue to expand around the world. Mathnasium master franchisees have the unique opportunity to seize a huge share of the multibillion-dollar tutoring industry by owning the #1 brand in the business.
Does math require a specific skill?
Unlike music, art, dance or athletics, math doesn’t require a specific talent. Learn how, with the right instruction, anyone can learn – and love – math.
Is Mathnasium a gym?
With math illiteracy at an all-time high, and increased competition for university admissions and careers, parents want to give their children an advantage. Mathnasium makes that attainable through a monthly membership fee, similar to a gym membership.
Home Office Team
Our corporate team consists of business leaders and education innovators. Some came from within our own franchise system. They know, first-hand, what each franchisee experiences, and many of them are placed globally to work with you in your region.
Franchise Development
Bill Schreiber is the Executive Director of International Development. Prior to joining Mathnasium, Bill was the VP of International Development at Little Caesar’s. Prior to that Bill was the VP of Global Franchise Development For Texas/ Church’s Chicken where he grew the brand both Domestically and Internationally.
North American Franchise Development
Chris brings over 15 years of experience in franchise sales and marketing. A graduate from the University of Kansas, and holding a Certified Franchise Executive (CFE) designation, Chris drives the expansion of the Mathnasium brand nation-wide.
Franchisees
There is no franchise community like ours. The humility, compassion, knowledge and dedication of our franchisees contribute to making the Mathnasium vision a reality. As you build your business, you will work alongside people that have been there before and are happy to help you navigate any challenge.
Instructors
More than instructors, these people serve as mentors and life changers. These individuals see the potential in every child and passionately work to increase their confidence and opportunities for success.
Children
Children are a gift. Working with children adds meaning to our lives. And no child is unteachable. Underneath the frustration and confusion is the desire to learn. To witness that moment when everything just clicks, their smile and a renewed sense of self worth – it becomes apparent.
How to make a living making a difference
You’ve reached a point in your career where you’re ready for a change – a big change – something new, something different, something you can call your own. But what does that opportunity look like?
How much does a "Mathnasium" franchise cost?
The minimum amount required for a franchisee to invest is $112,750 and can go all the way up to $149,110.
How many "Mathnasium" units are in the United States?
There are 934 Mathnasium locations in the United States, of which "7" are corporate units and 927 are franchise units.
From the Franchise Disclosure Document of "Mathnasium", that was issued on, 03, 04 2021
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.
Does Mathnasium work?
Does Mathnasium work? We conducted multiple parent surveys and independent studies to find out. And the answer is a resounding YES. Children who consistently attend our learning centers make tremendous strides in comprehension, confidence and grades, and their performance improves on standards-based tests.
Does Mathnasium improve math?
Multiple independent studies by Watson Education have shown that Mathnasium improves student performance on standards-based math tests in 20 sessions or fewer.*. In other words, student results were significantly better after receiving instruction through Mathnasium.
Love What You Do
With more than 1,000 centres, and new locations opening weekly, Mathnasium is rapidly growing in neighbourhoods around the world.
Get a Free Franchise Information Kit
Are you ready to take the next step to becoming a Mathnasium franchise owner? Complete our short form and we’ll email you the franchise kit to help you get started.
