5 Reasons to Invest in Math Education Franchise Mathnasium

Mathnasium Learning Centers, the math tutoring franchise with over 1,100 units around the world, provides an attractive investment opportunity for entrepreneurs seeking to make a real difference in their communities. Because Mathnasium focuses specifically on math and leverages a learning approach that is engaging for kids while boosting their confidence alongside academic performance, franchisees with the brand have a distinct advantage over other education franchise opportunities.

“Franchisees who invest with Mathnasium are not only breaking into a high-demand market, but they’re also gaining access to a powerful support network that will stand behind them as they grow,” said Kevin Shen, chief development officer. “There’s nothing like us in the space, meaning franchisees have a competitive edge in the markets they enter, and we’re consistently working to make their lives easier and free up time for them to focus on development rather than everyday tasks.”

Here are five reasons why an entrepreneur should consider a Mathnasium franchise as their next investment.

Mathnasium Sits in a Highly Lucrative Market

The private tutoring market is expected to be worth $290.8 billion by the year 2030. Especially after COVID-related learning disruptions, parents are constantly on the hunt for the resource that will best support their child in reaching academic goals.

In addition to supporting students in regaining any learning progress lost over the course of the pandemic and helping those who may be struggling with math for other reasons, Mathnasium franchisees have an opportunity to tap into demand driven by the popularity of STEM learning among parents. 

Careers that leverage mathematical skills are in particularly high demand recently, and many parents are working to get their children into STEM-related support programs early. Even for the highest achieving families, local Mathnasium owners can be a vital resource for parents looking to support their children in developing math-specific skills in preparation for their academic and professional futures.

A Refreshing Take on a Classic Model

Supplemental education, specifically math-related education, is not new to the consumer market or even the franchise industry. What is new, however, is Mathnasium’s model. Rather than focusing on rote memorization through repetitive tasks, Mathnasium centers use a proven learning method that is individualized to the needs of each student in an engaging and fun way. This refreshing approach to learning can translate into increased confidence when learning other subjects as well.

“The first time that I was in a center and able to see the students engaged, having fun learning math, building that confidence and seeing that light bulb kind of go off, that kind of rekindled my own passion towards education,” explained Shen. “I did supplementary education growing up, and it wasn't a fun experience for me. It felt more like school and homework. But seeing these kids come in a couple times a week, do their punch cards, and get prizes opened my eyes to a different way of math education.” 

The personalized, face-to-face approach allows children to learn and grow in ways that are more comfortable and exciting for them, and this makes Mathnasium a go-to for many families. With nothing else like it, the Mathnasium model captures attention and draws traffic in every market it enters.

Comprehensive Training and Ongoing Support

Shen emphasizes the idea that Mathnasium is always working to make franchisees’ lives easier. By doing this, it frees up time for the franchisee to focus on business growth rather than daily operations. 

Mathnasium puts great focus on delivering strategies and tools that simplify franchisees' daily operations. Benefiting from the knowledge of seasoned franchise experts, the Mathnasium system offers tried and true practical guidelines for running a successful business.

“We can honestly say that we’re working to make franchisees’ lives easier, and I don’t necessarily think that’s the case for all franchisors,” said Shen. “We understand that when franchisees can spend less time on administrative tasks, operations, planning, and marketing strategy, they can instead focus more intently on the activities that build an even better customer experience and build relationships that will drive the business as it scales.”

Mathnasium Offers a Favorable Lifestyle Change for Franchisees From a Variety of Backgrounds

While many educators are drawn to Mathnasium as a potential next chapter in their careers, the math tutoring franchise isn’t only accessible to educators. Mathnasium is confident in its ability to train and support franchisees with any background, given they are committed to following the guidelines and are truly interested in providing an in-need resource to their community.

“We’re very passionate about furthering education, but our model offers so much more,” said Shen. “For investors, this is a great way to get better work-life balance while doing something meaningful. We’re open to talking to anyone who wants to start their own business and is passionate about connecting with their community and helping students gain confidence through education.”

To further lower the barrier to entry and encourage franchisees with diverse backgrounds to grow with the system, Mathnasium offers a 25% discount off the initial franchise fee for veterans and former educators. Area developers can also access additional financing support to propel growth forward.

A Lucrative, Fulfilling Opportunity

Mathnasium has seen steady annual growth in average unit volume since it started franchising, including double-digit growth last year. The brand has also proven its ability to draw impressive revenue for franchisees, but this demonstrated potential for financial stability is not all the opportunity offers. Franchisees can also feel a true sense of fulfillment and satisfaction knowing they are helping local students and their families overcome challenges and find more enjoyment in academic development.

As it grows, Mathnasium is focused on reaching 1,500 open units by 2028. Expanding both in the U.S. and major international markets like India and the Philippines, the franchise has already exceeded its growth goal for the year, signing over 70 new franchise agreements, and is on track to continue along its impressive growth trajectory in the upcoming years.

To find out more information on costs to buy this franchise, please visit 1851franchise.com/mathnasium/info