Mathnasium Learning Centers

Mathnasium Learning Centers

Mathnasium Learning Centers
#44

Initial Investment

LOW: $102,750
HIGH: $143,610

Change in Units

+17.1% +116 UNITS (1 Year)
+64.2% +310 UNITS (3 Years)

Company Profile

Founded

2002

Franchising Since

2003 (14 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

$102,750 - $143,610

Net-worth Requirement

$137,610

Liquid Cash Requirement

$102,750

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


25% off franchise fee

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: See List

Operations & Franchisor Support

Training at headquarters: 10 days

Additional Training: Ongoing training

Ongoing Support
Newsletter
Meetings
Toll-Free Line
Internet
Security
Field Operations

Marketing Support
National Media

Number of employees required to run: 1

Related Franchises

Related Articles

Franchise Businesses Offer Entrepreneurship Opportunities In Tier-II And III Cities

Franchise Businesses Offer Entrepreneurship Opportunities In Tier-II And III Cities

There is a whopping 30% to 35% growth in franchise businesses in India year on year
Vikalp Jain
Educating Youngsters On Need To Save

Educating Youngsters On Need To Save

The growing consumerism leaves very less in the hands of the bread winner
Subramanyam S
21 McDonald's Facts That May Surprise You

21 McDonald's Facts That May Surprise You

Did you know a chicken nugget once sold on eBay for $8,100?
Grace Reader
How Going to Jail Changed This Franchisor's Outlook -- And Helped Him Rake in $42 Million

How Going to Jail Changed This Franchisor's Outlook -- And Helped Him Rake in $42 Million

Pat Swisher was a brash young franchise titan until a stretch in federal prison changed the way he thought about business.

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: May 2nd, 2017

Reprints & Licensing
Update Your Listing
Submit New Listing
OK

This website uses cookies to allow us to see how our website and related online services are being used. By continuing to use this website, you consent to our cookie collection. More information about how we collect cookies is found here.

Regions/States List

More Franchise Rankings

Top Low-Cost Franchises

100 franchises for under $60,000

Top Homebased/Mobile Franchises

These 100 businesses can be managed from home

Fastest-Growing Franchises

These companies have shown rapid unit expansion over the last two years

Top New Franchises

The top 100 companies that began franchising in the last five years

Top Global Franchises

200 North American franchisors seeking international franchisees

For reprints and licensing questions, click here.

Previous Years Rankings

2016 2015 2014 2013 2012