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Mathnasium Learning Centers

At a Glance

Products & Services: Math learning center

Number of Locations: 382

Total Investment: $82.3K - $136K

Founded: 2002

Began Franchising: 2003

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.

Franchise Units

Year U.S. Canadian International Company Owned
2012 298 7 75 2
2011 253 2 74 1
2010 206 1 68 1
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.

Startup Costs, Ongoing Fees and Financing

Total Investment: $82,250 - $136,000
Franchise Fee: $37,000
Ongoing Royalty Fee: 10%
Term of Franchise Agreement: 5 years, renewable
Financial Requirements
Net Worth: $100,000
Liquid Cash Available: $55,000
Operations
15% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 1. Absentee ownership of franchise is NOT allowed..
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 6 days. Ongoing training
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations
Marketing Support: Ad slicks, National media, Regional advertising,
Other marketing support: Promotional items

Franchise Ranking History

Franchise 500®: #102 (2013), #112 (2012), #138 (2011), #176 (2010),
Fastest-Growing: #46 (2013), #44 (2012), #79 (2011), #77 (2010),
America's Top Global: #85 (2013), #94 (2012), #114 (2011), #138 (2010),

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