#102
At a Glance
Products & Services: Math learning center
Number of Locations: 382
Total Investment: $82.25K - 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 |
| 2009 | 180 | 1 | 87 | 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
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 |
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| Equipment | ||
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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
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