Mathnasium Learning Centers

Mathnasium Learning Centers

Mathnasium Learning Centers
#169

Initial Investment

LOW: $90,750
HIGH: $137,610

Change in Units

+16.2% +110 UNITS (1 Year)
+28.7% +194 UNITS (3 Years)

Promoted Opportunities

Company Profile

Founded

2002

Franchising Since

2003 (13 Years)

Corporate Address

5120 W. Goldleaf Cir., #300 Los Angeles, CA 90056

CEO

Peter Markovitz

About Mathnasium Learning Centers

As a consultant to public and private schools, Larry Martinek saw first-hand the struggles that many students had with mathematics instruction. He spent three decades developing methods and materials to help give grade-school children a better foundation in math. His curriculum became the basis of the first Mathnasium Learning Center, opened by Peter Markovitz and David Ullendorff in Westwood, California, in 2002. The company began expanding a year later and now has locations across North and South America, Europe and Asia.

Financials

Financial Requirements

Initial Investment

$90,750 - $137,610

Net-worth Requirement

$100,000

Liquid Cash Requirement

$55,000

Ongoing Fees

Initial Franchise Fee

$40,000

Ongoing Royalty Fee

10%

Ad Royalty Fee

2%

Financing Options

Mathnasium Learning Centers has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs

Veteran Incentives


40% off franchise fee for active-duty military; 25% off franchise fee for veterans 3 years post discharge

Franchise 500® Rank History

Highest Rank: 86

Lowest Rank: 379

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S. and Canada.

Operations & Franchisor Support

Training at headquarters: 6 days

Additional Training: Ongoing training

Ongoing Support
Newsletter
Meetings
Toll-Free Line
Internet
Field Operations

Marketing Support
Ad Slicks
Regional Media
National Media

Number of employees required to run: 1

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: August 21st, 2015

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