Video surveillance and related equipment
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Before opening
Mathnasium
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
Job Count
11
Prior E2 Investors?
Prior Visa Franchise Clients?
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.
2. Franchise Overview
Overview
Management team / founders
Focus of owner for daily business operations
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
49,000
49,000
At signing of Franchise Agreement
Expenses While Training
2,500
3,000
At time of training
Technology Fee
186
1,116
Begins on the 10th day of the 1st full month after the Franchise Agreement is signed
Rent (1st and last month’s rent)
6,000
14,000
As required by landlord or by applicable law
Paint, Carpet and Tenant Improvements
5,500
13,500
Before opening
Furniture, Signs, Equipment and Supplies
10,000
17,000
Before opening
Insurance
1,200
1,500
Before opening
Business License, Name Registration
250
1,000
Before opening
Professional Services (Legal and/or Accounting)
1,300
2,000
As arranged
Phone and Utilities
500
1,000
Before opening
Video surveillance and related equipment
500
2,500
Before opening
Pre-Open Advertising
4,000
4,000
Before opening
Additional Funds (4 Months)
32,000
40,000
As arranged
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
2022
948
951
+3
Franchised
2023
951
968
+17
N/A
2024
968
995
+27
N/A
2022
3
3
0
Company-Owned
2022
3
4
+1
N/A
2024
4
4
0
N/A
2022
951
954
+3
Total Outlets
2023
954
972
+118
N/A
2024
972
999
+27
Net Unit Growth (Recent year)
Net Unit Growth (Recent 3 years)
Franchise Health Metrics
Growth Rate
1 year / 3 years
1 year / 3 years
Failure Rate
1 year / 3 years
1 year / 3 years
Franchise for Sale Rate
1 year / 3 years
1 year / 3 years
Mathnasium
3% / 5%
3% / 8%
0% / 15%
Industry median
3% / 17%
1% / 9%
0% / 4%
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
0
% of Franchisees with Completed Litigation
0
Number of Bankruptcies Disclosed
0
*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.
