Franchise Deep Dive: Mathnasium’s Franchise Costs, Fees, Profit and Data

The math education franchise stands out in the supplemental education space with a fresh take on learning that supports students’ comprehension and confidence.

By Morgan Wood1851 Franchise Contributor

Updated 11:11AM • 08/21/23

LAST UPDATED: September 2023

FRANCHISE WEBSITE: https://mathnasiumfranchise.com/

NUMBER OF LOCATIONS: 1,100+

REPORTED COST TO GET IN: $112,860-$149,155

REPORTED ROI (Item 19): Not disclosed

Mathnasium* is a math education franchise that provides individualized instruction in a fun and engaging learning environment to help kids catch up and get ahead in math. With a history of successful business operating systems, Mathnasium works closely with franchisees to ensure they have the support, tools, and resources they need to best serve their customers.

How Many Mathnasium Locations Are There?

Mathnasium reports over 1,100 locations around the globe and has steadily grown in recent years. As it continues to expand, the franchise is targeting markets across North America and is awarding both individual locations and Master Franchise agreements in select countries around the world.

With a strong business model and honed curriculum, Mathnasium is able to extrapolate and localize its curriculum for English-speaking countries. As it grows, Mathnasium is looking to reach the 1,500 unit mark in the next five years and will consider expansion to non-English-speaking countries once a broad global foundation is established.

What Is the Mathnasium Business Model?

Mathnasium has carved a niche for itself in the supplemental education space by both specializing in a single subject and bringing a fun-focused approach to the learning. With face-to-face instruction and customized learning plans that can be conducted in-center, online and in a hybrid model, the franchise caters to both struggling and advanced students. In an ever-evolving educational landscape, it is crucial that the brand also continues to evolve and adjust its curriculum over time.

Because the Mathnasium leadership team emphasizes the importance of a passionate franchisee who is interested in connecting with their community, this process of constant evolution is a key aspect of the business. As the team adjusts and innovates, owners can focus less on administrative-type tasks and instead spend more time working on their long-term business goal and getting out in the community to cultivate relationships.

How Much Can Mathnasium Franchise Owners Make?

As a franchise system, Mathnasium does not publicly disclose financial performance representations or return-on-investment data. Earnings can vary greatly, depending on factors like location and management. Potential franchisees should carefully review the franchise disclosure document (FDD) and speak with existing franchisees to better understand the potential financial performance.

How Much Does It Cost to Open a Mathnasium?

Mathnasium estimates an initial investment of $112,860-$149,155 for the first location and $90,360-$126,655 for subsequent locations.

What Is the Franchise Fee for Mathnasium?

The initial franchise fee for Mathnasium is $49,000. Franchisees who open subsequent locations will pay a $26,500 franchise fee for additional franchises.

Who Is the Leadership of Mathnasium?

What Helpful Articles Can I Read To Learn More?

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*This brand is a paid partner of 1851 Franchise. For more information on paid partnerships please click here.