Mathnasium Learning Centers Franchise

Initial Franchise Fee

The initial franchise fee for your first Mathnasium Center is $49,000. If you are purchasing an additional franchise, the fee is reduced to $26,500. Discounts are available for veterans and educators:

• Veterans receive a 25% discount, reducing the fee to $36,750.
• Educators (current or former teachers and administrators) also receive a 25% discount.

Total Estimated Initial Investment

The total investment necessary to begin operation of your first Mathnasium franchise ranges from $112,860 to $149,155. For a second or subsequent franchise, the total investment ranges from $90,360 to $126,655.

• Initial Franchise Fee: $49,000 (first franchise), $26,500 (additional franchise)
• Training Expenses: $2,500 to $3,000
• Rent (First and Last Month): $6,000 to $14,000
• Tenant Improvements: $5,500 to $13,500
• Furniture, Signs, Equipment, and Supplies: $10,000 to $17,000
• Insurance: $1,200 to $1,500 annually
• Pre-Opening Advertising: $4,000
• Additional Funds (4 months): $32,000 to $40,000

Ongoing Fees

As a Mathnasium franchisee, you will incur several ongoing fees:

• Base Royalty Fee: Initially $0 to $500 per month, then a minimum of $1,500 or 10% of monthly gross receipts after 24 months.
• Technology Fee: $110 per month
• Marketing Fee: $250 per month plus 2% of monthly gross receipts

Support and Training

Mathnasium provides a comprehensive training program, divided into four stages, including online self-paced training, live virtual classroom sessions, and practical application training in Los Angeles. Ongoing support includes additional training sessions and access to a centralized computer system for business management.

Key Takeaways

• Initial franchise fee: $49,000 (first), $26,500 (additional)
• Total initial investment: $112,860 to $149,155 (first), $90,360 to $126,655 (additional)
• Ongoing fees include royalty, technology, and marketing fees
• Comprehensive training and support provided
• Discounts available for veterans and educators