Video surveillance and related equipment
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Before opening

Mathnasium

Table of Content
1. Franchise Snapshot
2. Franchise Overview
3. Performance and Metrics
4. Our Take
5. Additional Resources

1. Franchise Snapshot

Franchise Status
Active
Basic Information
Industry
Education & Children
Category
Supplemental & Remedial Learning
Investment Range
$112,936 - $149,616
Total US Locations
999
Franchise Units
995
Founding Year
2003
Started Offering Franchises
2003
Management Capacity
Owner Operator
Job Count
11
Prior E2 Investors?
Yes
Prior Visa Franchise Clients?
No
Royalty Fee
10%
Marketing Fee
$250
Franchise Fee
$49,000
Headquarters (City, State)
Los Angeles, CA
Square Footage
1200 - 1600
Retail Location?
Yes
Agreement Term Length
5 years
Video

In these videos you will learn about the company firsthand. And they will also tell you in a short form about the financing of the enterprise.

*Information presented in these videos may change over time and may not reflect the most current franchise offering. Prospective franchisees should review the latest Franchise Disclosure Document (FDD) and consult directly with the franchisor for updated information.

2. Franchise Overview

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Overview

Mathnasium is a top-rated math education franchise specializing in personalized tutoring for K-12 students. They have been in the market for over 20 years and provide students with tailored learning plans using the proprietary Mathnasium Method™, designed to build deep mathematical understanding and confidence. Mathnasium has developed a strong presence with over 1,100 learning centers in 10 countries, giving owners an edge in the rapidly growing tutoring industry. In addition, they provide comprehensive support including site selection, marketing strategies, personalized coaching, and ongoing training, making it accessible for entrepreneurs from all backgrounds, with no math expertise required.

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Management team / founders

In 2002, education industry pioneers Peter Markovitz and David Ullendorff, along with beloved educator and curriculum consultant Larry Martinek, opened the first Mathnasium Learning Center in Los Angeles. Larry Martinek, who devoted over 35 years to finding better ways to teach math, created the proprietary Mathnasium Method™ and continues to serve as Principal Education Advisor. The company began franchising in 2003 and has since grown to over 1,100 centers worldwide. Today, Tyler Sgro serves as CEO, bringing extensive experience in finance, systems, and M&A. Kevin Shen serves as Chief Financial Officer, having previously led franchise development at Jackson Hewitt Tax Service, and Kristin Goedke serves as Chief Franchise Operations Officer, with prior leadership roles at Papa John's and Aspen Dental. With operations across 10 countries, Mathnasium is dedicated to the continued success of franchisees. Franchise owners are supported from day one with a Start-Up Specialist, and receive ongoing guidance from dedicated Franchise Business Consultants who visit learning centers regularly.

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Focus of owner for daily business operations

As a Mathnasium franchise operator, the main facets of the business entail: 1. Managing your instructors and center staff to ensure quality delivery of the Mathnasium Method™; 2. Attracting and retaining students through parent engagement and community outreach; 3. Conducting local marketing efforts to build brand awareness and drive enrollment; 4. Review of financials, student progress metrics, and enrollment growth.

3. Performance & Metrics

Franchisor Fees | Item 6
Franchise Value
Industry Median
All Franchises Median
Royalty Fee
10%
7%
6%
Marketing Fee
$250
Franchise Fee
$49,000
$44,500
$40,000
Total Investment Cost | Item 7
Type of Expenditure
Low Amount
High Amount
When due
Initial Franchise Fee
At signing of Franchise Agreement
Expenses While Training
At time of training
Technology Fee
Begins on the 10th day of the 1st full month after the Franchise Agreement is signed
Rent (1st and last month’s rent)
As required by landlord or by applicable law
Paint, Carpet and Tenant Improvements
Before opening
Furniture, Signs, Equipment and Supplies
Before opening
Insurance
Before opening
Business License, Name Registration
Before opening
Professional Services (Legal and/or Accounting)
As arranged
Phone and Utilities
Before opening
Video surveillance and related equipment
Before opening
Pre-Open Advertising
Before opening
Additional Funds (4 Months)
As arranged
TOTAL
Outlets and Franchisee Information | Item 20
Outlet type
Year
Outlets at the start of the year
Outlets at the end of the year
Net change
N/A
Franchised
N/A
N/A
Company-Owned
N/A
N/A
Total Outlets
N/A
Net Unit Growth (Recent year)
Net Unit Growth (Recent 3 years)
Franchise Health Metrics
Growth Rate
1 year / 3 years
Failure Rate
1 year / 3 years
Franchise for Sale Rate
1 year / 3 years
Mathnasium
Industry median
Franchise Health Metrics
Franchise Historical Loan Metrics
10 Year Cumulative Charge Offs by $ of Loans
10 Year Cumulative Defaults
3 Year Predicted Default Rate
*Please note the information provided here is sourced from Lumos. We do not guarantee its accuracy or completeness. For verification, please refer to Lumos directly.
Item 19 – Financial Performance Representations
Historical financial performance representations
Franchise Financials
Franchisor company financial information, if disclosed by the franchisor.
Litigation & Bankruptcies
% of Franchisees Undergoing Litigation
% of Franchisees with Completed Litigation
Number of Bankruptcies Disclosed
*The litigation information displayed has been reviewed by our Product Development team. Franchises featured on this platform have been thoroughly assessed. However, Visa Franchise strongly recommends consulting with your own legal counsel for further guidance.

4. Our Take

Mathnasium provides a great opportunity for an investor looking to make a meaningful community impact while building a scalable business. The proven success of the proprietary teaching methodology, strong brand recognition with over 1,100 locations worldwide, and a total investment under $150,000 make the investment both accessible and well-supported. Additionally, the brand's continued international expansion and the booming demand for supplemental math education provide potential investors with strong long-term growth potential in a recession-resistant industry.