Franchise: Mathnasium Learning Centers

Initial Investment
LOW:$102,750
HIGH: $143,610
Change in Units
+17.1% +116 UNITS (1 Year)
+64.2% +310 UNITS (3 Years)

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

Training at headquarters: 10 days

Additional Training: Ongoing training

Number of employees required to run: 1

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.

Founded

2002

Franchising Since

2003 (14 Years)

Corporate Address

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

CEO

Peter Markovitz

Units (Locations)

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

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 - $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

Franchise Articles

How the CEO of Smoothie King Went From Small-Business Owner to Wearing the Crown

Under his leadership, Smoothie King plans to open an additional 125 locations and bring its global storefront tally to 950 in 2017.

Modern Acupuncture Showing Signs of Huge Growth

Learn winning franchise leadership strategies from a business that's grown exponentially.

The 5 Best Burger Franchises You Can Buy (and How Much They Cost)

How many burgers would you have to sell to make back your initial investment?

The Most Powerful Brands in Franchising

Here are the strongest brands in franchising for 2017, ranked.

Titans of Franchising Reveal Their Secrets for Long-Term Success

Paradoxically, a stable business is one that constantly reinvents itself to meet changing customer needs.

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
My Queue

Your Queue is empty

Click on the next to articles to add them to your Queue