Mathnasium

After a&nbsp;<a href="https://www.prnewswire.com/news-releases/mathnasium-kicks-off-2024-with-impressive-growth-after-achieving-record-student-enrollments-and-awarding-80-new-franchises-in-2023-302033434.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=mathnasium-franchise-midyear-2024-2726891" target="_blank" rel="nofollow">strong showing</a> in 2023,&nbsp;<a href="https://mathnasiumfranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=mathnasium-franchise-midyear-2024-2726891" target="_blank" rel="nofollow">Mathnasium Learning Centers</a> has kept the momentum rolling through the first half of 2024. The math-only supplemental education franchise — with more than 1,100 learning centers worldwide in 11 countries — has hit midyear with an impressive 58 franchises awarded and 26 learning centers opened between January and June. As&nbsp;<a href="https://1851franchise.com/mathnasium/info">Mathnasium</a> moves into the latter half of 2024, the brand is hoping to open another 25 centers in North America and another 5-10 internationally before the end of the year.In addition to its impressive expansion, Mathnasium also racked up a remarkable number of industry accolades, including&nbsp;<a href="https://www.entrepreneur.com/franchises/directory/mathnasium/311206?utm_source=1851franchise.com&utm_medium=article&utm_campaign=mathnasium-franchise-midyear-2024-2726891" target="_blank" rel="nofollow">No. 97 on the 2024 Entrepreneur Franchise 500</a>,&nbsp;<a href="https://www.entrepreneur.com/franchises/directory/top-low-under150k-ranking?utm_source=1851franchise.com&utm_medium=article&utm_campaign=mathnasium-franchise-midyear-2024-2726891" target="_blank" rel="nofollow">No. 7 on Entrepreneur Top Low-Cost Franchises</a>,&nbsp;<a href="https://www.franchisedirect.com/childrens-franchises/mathnasium/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=mathnasium-franchise-midyear-2024-2726891" target="_blank" rel="nofollow">No. 84 on Franchise Direct Top Global Franchises</a>, and spots on&nbsp;<a href="https://franchisebusinessreview.com/lists/top-200-franchises/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=mathnasium-franchise-midyear-2024-2726891" target="_blank" rel="nofollow">Franchise Business Review Top 200</a> and Franchise Connect Top 100 Education Franchises.“One of the keys to our successful growth through early 2024 was our franchise disclosure document [FDD],” said Chief Development Officer&nbsp;<a href="https://www.linkedin.com/in/kevinshen7/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=mathnasium-franchise-midyear-2024-2726891" target="_blank" rel="nofollow">Kevin Shen</a>. “Candidates were very excited to see our updated FDD, which showed strong growth across the board and improved unit economics. Our new master franchise&nbsp;<a href="https://www.prnewswire.com/news-releases/mathnasium-to-debut-in-romania-announces-master-franchise-agreement-302174952.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=mathnasium-franchise-midyear-2024-2726891" target="_blank" rel="nofollow">signing in Romania</a> was also a hot topic.”The signing in Romania was completed in June with&nbsp;<a href="https://www.linkedin.com/in/dana-banica/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=mathnasium-franchise-midyear-2024-2726891" target="_blank" rel="nofollow">Dana Banica</a>, an experienced entrepreneur with a passion for innovative education. Under the master franchise agreement, Banica will bring at least 25 learning centers to Romania over the next six years.“I chose to invest in Mathnasium because I wholeheartedly believe in the brand’s mission and methodology,” Banica said. “Drawing from my past experience and witnessing the positive impact of engaging educational programs, I recognized Mathnasium’s potential to truly make a difference in Romania.”June 2024 was also a time of transition for the brand as former Chief Operating Officer&nbsp;<a href="https://www.linkedin.com/in/tyler-sgro-04501638/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=mathnasium-franchise-midyear-2024-2726891" target="_blank" rel="nofollow">Tyler Sgro</a> became Mathnasium’s new CEO.&nbsp;“It is an honor to step into this position, having served as COO and witnessing firsthand the dedication and talent that drives our team and network to be leaders in the global private tutoring space,” said Sgro. “Our mission remains the same: to change lives through math!”Other achievements during the first half of the year included investment in Mathnasium’s technology.&nbsp;“We continue to invest in our proprietary technology and analytics stack, which powers our center operations through advanced marketing automation, lead/account management, and training,” Sgro said. “We also completed our custom digital platform, which powers our Mathnasium at Home learning offering, bringing the Mathnasium method and instructional tutoring to the ease and convenience of a student’s home.”The second half of 2024 promises to be eventful as Mathnasium dives into its busy back-to-school period, but Shen insists the brand has no intention of slowing down its expansion plans. “Our goal is to continue signing up new buyers to our many growth markets in the U.S.,” he said, “as well as develop master franchisees internationally.”To find out more information on costs to buy this franchise, please visit&nbsp;<a href="https://1851franchise.com/mathnasium/info">1851franchise.com/mathnasium/info</a>.

Mathnasium Franchise - Midyear Momentum 2024 - 1851 Franchise

Mathnasium Franchise Midyear 2024: Strong Growth and Expansion

1851 Franchise

The math-only supplemental education franchise saw significant growth in the first half of 2024 and remains focused on expanding both domestically and internationally.

This brand page has been paid for by MATHNASIUM. Content within this page that is paid will showcase a Sponsored icon. This means the brand has engaged 1851 FRANCHISE to write the content. Content without the Sponsored Icon is aggregated media placements the brand earned. Questions can be sent to editorial@1851franchise.com

Mathnasium Learning Centers Sees Strong Midyear Momentum with 58 Franchises Awarded, 26 Centers Opened, a New Signing in Romania, and a New CEO

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LOS ANGELES&nbsp;—&nbsp;<a href="https://mathnasiumfranchise.com/">Mathnasium Learning Centers</a> wrapped 2025 with record growth and ambitious plans for 2026, expanding its global presence while targeting key U.S. markets.The company’s network of learning centers reached 1,256 units worldwide by the year’s end, up from 1,189 at the start of 2025. More than 1,000 learning centers are located in the U.S., with over 100 in Canada and the remainder spread across 10 additional international markets, including a 2025 launch in Romania that is showing strong early results. This growth also fueled an exciting development in terms of gross revenues.&nbsp;“We had a great year. We sold more awards than at any point in my entire tenure here. We had 95 new territory awards, and we also transacted about 80 transfers, which are resales of existing locations,” said&nbsp;<a href="https://www.linkedin.com/in/kevinshen7">Kevin Shen</a>, chief development officer. “We actually had the highest number of centers generating over $1 million that we’ve ever had. In addition to the U.S., we had a number of million-dollar international centers, including locations in Singapore and the U.K. Overall, it was a great year across the board.”This year,&nbsp;<a href="https://1851franchise.com/mathnasium/info">Mathnasium</a> strengthened its franchise network by signing larger professional operators through area developer agreements, bringing in experienced franchise owners committed to growing alongside Mathnasium over the long term.&nbsp;Looking ahead, Mathnasium will continue expanding in strategic U.S. regions.&nbsp;“The Northeast remains a priority market for us, from Philadelphia through Boston. California is another focus, particularly Los Angeles and the Inland Empire area. The Midwest also stands out: Chicago, Cleveland, Columbus and Cincinnati, Ohio,” Shen said. “There are a lot of pockets of potential growth for us.”With a record-setting year in the rearview and a clear strategy for 2026 growth set, Mathnasium is positioned to further expand its impact, delivering K-12 math education to students around the globe.To find out more information on costs to buy this franchise, please visit&nbsp;<a href="https://1851franchise.com/mathnasium">https://1851franchise.com/mathnasium</a>.ABOUT MATHNASIUM:&nbsp;Mathnasium is North America’s leading math-only supplemental education franchise. Since 2002, the Mathnasium Method™ — the result of decades of hands-on instruction and development — has been transforming the lives of children in grades K-12, helping them understand, master and love math. Mathnasium changes the lives of more than 100,000 children in neighborhood learning centers on five continents. For more information, visit&nbsp;<a href="http://www.mathnasium.com">www.Mathnasium.com</a>.

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Mathnasium Achieves Record-Setting Growth in First Half of 2025

Mathnasium Achieves Record-Setting Growth in First Half of 2025, Looks to Expand Footprint and Technology by Year-End

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The Steps To Becoming a Mathnasium Learning Centers Franchisee

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Mathnasium Learning Centers Sees Strong Midyear Momentum with 58 Franchises Awarded, 26 Centers Opened, a New Signing in Romania, and a New CEO

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