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Owning a Mathnasium Franchise is More Affordable Than You Think

In the global tutoring industry that’s expected to reach $279 billion by 2027, Mathnasium is one of the most-affordable franchise opportunities out there.

In fact, you can be in business with Mathnasium for less than $150,000.

While estimates vary by where you live in the country, the total cost to open a Mathnasium center can be as low as just $112,860 and can range up to $148,655. This includes the franchise fee setting up a center, marketing campaigns, months of working capital, and other one-time expense.

What Do I Get for My Franchise Fee?

The franchise fee to open a Mathnasium is $49,000, and this allows you to operate in an exclusive territory that has at least 2,500 children between the ages of 5 and 19 years old. In addition, your franchise fee gives you access to our world-class support platform, and includes initial training, ongoing coaching, comprehensive marketing support, and direct mentorship from a team that knows how to help you grow your business.

Does Mathnasium Provide Access to Financing?

While Mathnasium doesn’t offer direct financing, we do have relationships with third-party lenders who can help you secure the funds necessary to open your new business.

Do You Offer Discounts to Mathnasium Center Managers?

Yes! We believe our Mathnasium center managers make exceptional franchisees and offer a discount on the franchise fee to qualified candidates. Please reach out to us to learn more!

What Makes Our Business Model So Effective?

Mathnasium’s business model is designed to be turnkey and straightforward with low ongoing costs. Our centers require a small footprint of about 1,200 square feet on average, which means that our franchisees are able to secure affordable lease agreements in high-end strip centers. Operating a Mathnasium requires only a small number of instructors to help your students, which keeps labor costs down, and because Mathnasium provides training for your instructors, as well as a proven curriculum, you can be assured that your students are in great hands.

The business model is built on multiple recurring revenue streams and now, Mathnasium franchisees are able to be profitable beyond their walls with Mathnasium@home, which is our state-of-the-art, one-on-one online tutoring platform. The simplicity, profit-potential, and ability to make a difference is exactly why so many of our franchisees have scaled up to multicenter ownership.

“There’s so much opportunity for our franchisees to do well in this business,” says Shant Assarian, CEO of Mathnasium. “Mathnasium franchisees are in businesses that make an incredible impact, and the demand for math tutoring has never been higher than it is right now. With prime real-estate opportunities coming online, now is a great time to invest in Mathnasium.”

Want a Comprehensive Overview of the Costs & Fees Associated With Owning A Mathnasium Franchise?

Here’s a deeper look at start-up costs and fees associated with owning a Mathnasium franchise from item 7 of our most recent Franchise Disclosure Document:

TYPE OF EXPENDITUREAMOUNTMETHOD OF PAYMENTWHEN DUETO WHOM PAID
Initial Franchisee Fee$49,000 for first franchise, $26,500 for an additional franchiseLump sum or down payment and then monthly payments for an additional franchise or for qualified Center DirectorsAt signing of Franchise AgreementMathnasium
Expenses While Training$2,500 to $3,000As arrangedAt time of trainingHotels, Airfare, Restaurants, etc.
Base Royalty Fee$500 per monthAs arrangedBegins on the 20th day of the first full month after the Franchise Agreement is signed and begins the first month each additional center opens for additional centers.Mathnasium
Technology Fee$110 per monthAs arrangedBegins on the 20th day of the first full month after the Franchise Agreement is signed and begins the first month each additional center opens for additional centers.Mathnasium
Additional Technology Fee$45As arrangedIf you are approved to offer instruction online, begins the first month you start instruction online.Vendors
Rent (1st & last month’s rent)$6,000 to $14,000As required by landlordAs required by landlord or by applicable lawLandlord
Paint, Carpet & Tenant Improvements$2,500 to $10,000As arrangedBefore OpeningVendors
Furniture, Signs, Equipment & Supplies$10,000 to $17,000As arrangedBefore OpeningVendors
Insurance$2,000 to $3,500 annuallyAs arrangedBefore OpeningInsurance Agent
Business License, Name Registration$1,200 to $1,500As arrangedLocal Municipality & State
Professional Services (Legal and/or Accounting)$1,300 to $2,000As arrangedAs arrangedVendors
Phone & Utilities$500 to $1,000As arrangedBefore OpeningPhone & utilities companies
Video surveilance & related equipment$500 to $2,500As arrangedBefore OpeningVendors
Pre-Open Advertising$4,000As arrangedBefore OpeningVendors
Additional Funds (4 Months)$32, 000 to $40, 000As arrangedAs arrangedVendors, landlord, employees, utilities, etc.
TOTAL (1st Center)$112,860 to $149,155
TOTAL (Subsequent Center)$90,360 to $126,655

Ready To Open A Mathnasium Franchise In Your Community?

To learn more about the Mathnasium franchise opportunity, simply fill out an inquiry form to start a conversation. We can’t wait to learn more about you!

The Demand for Math Education is Booming

What Do Our Franchisees Have To Say?

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This field is for validation purposes and should be left unchanged.

REQUEST FRANCHISE INFORMATION

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terms-of-policy
By clicking the “Submit” button, you agree to receive recurring advertising emails, text messages and telephone calls from Mathnasium about franchising opportunities to the telephone number/email provided above, including calls and texts placed using an automatic telephone dialing system. Consent to calls and text messages is not required to purchase goods or services. By clicking “Submit”, you also consent to Mathnasium’s Terms of Use and Privacy Policy.
This field is for validation purposes and should be left unchanged.

REQUEST FRANCHISE INFORMATION

"*" indicates required fields

terms-of-policy
By clicking the “Submit” button, you agree to receive recurring advertising emails, text messages and telephone calls from Mathnasium about franchising opportunities to the telephone number/email provided above, including calls and texts placed using an automatic telephone dialing system. Consent to calls and text messages is not required to purchase goods or services. By clicking “Submit”, you also consent to Mathnasium’s Terms of Use and Privacy Policy.
This field is for validation purposes and should be left unchanged.