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Math Monkey Knowledge Centers

At a Glance

Products & Services: After-school enrichment program

Number of Locations:

Total Investment: $99K - 164K

Founded: 2006

Began Franchising: 2006

Private Owned

Startup Costs, Ongoing Fees and Financing

Total Investment: $99,000 - $164,000
Franchise Fee: $31,500
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 7 years, renewable
Financial Requirements
Net Worth: $150,000
Liquid Cash Available: $50,000
Operations
58% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 1 - 2. Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators).

How This Franchise Supports Franchisees

Training: Available at headquarters: 2 weeks. At franchisee's location: 2 weeks. At existing franchise location, 1 week; online seminars, 140 hours
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Co-op advertising, Ad slicks, National media,

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