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Mathnasium Learning Centers

2015 Franchise 500
#86
At a Glance

Products & Services: Math tutoring

Number of Locations: 567

Total Investment: $99.8K - $139.6K

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
2014 469 13 75 10
2013 391 11 75 6
2012 298 7 75 2
2011 253 2 74 1
2010 206 1 68 1
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S. and Canada.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $99,750 - $139,575
Franchise Fee: $40,000
Ongoing Royalty Fee: 10%
Term of Franchise Agreement: 5 years, renewable
Veteran Incentives: 40% off franchise fee for active-duty military; 25% off franchise fee for veterans 3 years post discharge
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..
Direct Capital
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®: #86 (2015), #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),