What advantages does Mathnasium offer that other franchisors might not?
Most of our franchisees tell us that an important factor for them in choosing Mathnasium is the nature of the work. They want a personally fulfilling venture as well as a financial opportunity. They want to enjoy what they do and they want to look forward to going to work every day.
Additionally, our franchisees want to own a business that makes a real difference. They work better when they are passionate about what they do. Also, Mathnasium franchisees have found fundamental flaws with other education franchisors, including one or more of the following: high initial fees, exorbitant royalties, huge investment costs, unfair territories, complicated business models and multiple subjects instead of our focused maths-only approach. These flaws can diminish results for the children, and diminish the value to their parents.
Mathnasium has the independent research that shows superior results from our teaching methodology, and we deliver these results every day. Mathnasium franchisees also tell us they care about the company and the franchisee community they are joining. They like being part of a franchisor/franchisee community of accomplished and caring individuals. Everyone from our franchisees to our executive team is in alignment: We all want to help children succeed in maths.
Can I open my own chain of Mathnasium Learning Centres?
Yes. Talk with us about your plans for opening two or more centres. We will be glad to explain how you are approved to develop a chain of Mathnasium centres, including available discounts for multiple locations.
What type of training does Mathnasium provide?
You will start with 40 to 50 hours of online interactive training. This is done in the comfort of your home and will prepare you for Mathnasium’s one-week Initial Training program in our US Los Angeles Franchising Head Office, which includes both classroom and interactive training. Our comprehensive and proven franchisee education program will cover step-by-step use of the operations manual and all the areas important to your success as a franchise owner.
Most importantly, you will be trained and supported on an ongoing basis by our dedicated franchise support team who will be there when you need help. The cost of this initial training is included in your franchise fee. You will be responsible only for your travel expenses. Before opening your Mathnasium Learning Centre, you will also have the opportunity to take part in our Apprenticeship program where you will spend 2-3 days working hands on in one of our Sydney centres. Read more about Mathnasium franchise training.
What type of advertising support can I expect?
Mathnasium maintains a full range of ready-to-use marketing materials, including formats for online advertising, flyers, display ads, direct mail pieces and brochures. Marketing is a turnkey operation at Mathnasium as we have years of experience to help guide you in the right direction. Get more franchise support details.
What are the typical hours of operation?
The hours may vary depending on your location. Most Mathnasium centres are open for instruction after school Monday through Friday from about 3:30 p.m. to 7:30 p.m., and many open on Saturday or Sunday. A typical Mathnasium centre will be open six days a week for about 24 hours per week of instruction.
Do I have to teach children myself?
As a Mathnasium franchisee, you are only required to personally participate in the management and operation of your centre(s). However, our goal is to make you comfortable with overseeing all aspects of running the centre-including working with children. Any business operates better if you’re hands-on. Your plan will include hiring instructors on an as-needed basis as your enrolment increases, but you should be willing to invest your time and energy in all functions of the centre, including teaching as needed.
How much money will I make as a Mathnasium franchisee?
As with any business, it depends largely on your own effort. Particularly important are the quality of service you provide, whether you promote the centre moderately or aggressively, and so on. You should make your own calculations, including both conservative scenarios and more aggressive targets. In simple terms, the amount you make in any given month is the difference between how much revenue you receive from customers and your expenses, which include the fees you pay to Mathnasium Centre Licensing. Expenses vary from area to area. To learn more about potential income, you’ll want to meet with our Director of Franchise Development as well as speak with Mathnasium franchisees. You’ll have access to both once you engage in the steps to becoming a franchisee. Take the next step.
What will it cost me to open my first Mathnasium centre?
As with any new business, there are start-up costs that include setting up a centre, an initial marketing campaign and other one-time expenses. This will vary by geographic area but the estimated total costs for opening a centre range between $147,000 to $217,000 plus GST, where applicable. All costs, except for the initial franchise fee, are estimates.
Do I get an exclusive territory?
Yes. Each franchisee receives an exclusive territory designed so that they have an incentive to cooperate with one another and not compete for the same students. You’ll have peace of mind knowing that your franchise area is both protected and strategically placed so that a Mathnasium competitor cannot provide greater drive-time convenience to customers by slipping in between.
What is the royalty?
Franchisee pay the greater of ($500 per month or 15% of gross sales) plus GST.
What is the initial franchise fee?
Franchisees in Australia pay $60,000 upon signing. There will be other costs involved in preparing the centre for use, which will vary depending upon the size and location of the premises. Get the rest of the franchise investment details.
What is a Mathnasium franchise?
A Mathnasium franchise enables you to own your own Mathnasium Learning Centre in your community to help children from Kindergarten to Year 10 boost their maths skills. We teach you the business and grant you a licence to use the Mathnasium name and Mathnasium business system, and we require you to implement the business system according to our standard of excellence. The system includes:
- An education system – so you know what to teach and how to teach
- A marketing system – to help you attract students to your centre
- A financial system – for collecting fees, paying bills, financial reports, etc.
- An operations system – for daily management and administration
Why do parents enrol their children in Mathnasium?
Mathnasium is effective, affordable, and highly specialised. We get results. This has been proven repeatedly in independent studies. Parents receive periodic reports detailing their child’s progress. Students enjoy their workouts. Most importantly, they acquire number sense – the ability to think mathematically. We focus on building a solid foundation of skills, which maximises each student’s success in school, on standardised tests like the NAPLAN, MAP and beyond. There is a wonderful side-benefit from this process: students’ boosted self-confidence.
What does a student do at Mathnasium?
Mathnasium provides an appealing and welcoming environment where a student receives both instruction and practice. The student works independently of other students following a curriculum adapted precisely and uniquely based on the student’s needs. Teachers, who are rigorously trained in our materials and method, provide instruction, guidance and encouragement.
Who are the executives who lead Mathnasium?
Mathnasium is the collaboration of three leading education and business experts:
Peter Markovitz, Founder and CEO, is one of the world’s leading franchising and education services executives, having led global companies that have operated in more than 70 countries. He is responsible for Mathnasium’s strategic direction and long term growth.
At Mathnasium, David Ullendorff, Founder and President, continues his extensive career of combining education with the best elements of children’s entertainment. An award winning filmmaker and developer of children’s media, his work has been featured on television in the United States and around the world. As the co-founder of Futurekids, David pioneered the field of computer literacy for children, and was the architect of the field’s first definitive curriculum that was used to teach millions of children in 72 countries.
An education professional for over 35 years, Larry Martinek, Chief Instructional Officer, has spent his entire career finding a better way to teach and learn maths. From inner city public schools and acclaimed magnet schools to leading private and parochial schools, he has served as both a classroom teacher and as a consultant, designing curriculum, teaching strategies and teaching materials. Larry is the developer of Mathnasium’s educational program—one of the most comprehensive and innovative curriculums ever produced for teaching maths.
Together, these visionaries have taken Mathnasium from an idea to a worldwide educational leader in the franchise industry. Read more about Mathnasium franchise support people.
What is the Mathnasium Method?
The Mathnasium Method is the life’s work of Larry Martinek, Mathnasium’s Chief Instructional Officer and a maths teacher and education consultant for over 35 years. It’s the best there is: a time-tested, personalised programme that employs diagnostics, instruction, worksheets, and manipulatives to build number sense, and with it, confidence and a deep understanding, and lifelong love of mathematics. Learn more about the Mathnasium Method.
What is the typical profile of a Mathnasium franchisee?
We are looking for people who will be a great fit with our system: people who care deeply about helping children reach their potential, and see business as a vehicle for realising their financial goals. Our franchisees are enthusiastic, highly motivated, persistent and achievement-oriented—people who want to enjoy what they do. For some candidates, maths was not their favourite subject in school. For many it was. Some once considered teaching maths, but were concerned with the level of compensation or feared being undermined within a hierarchical, bureaucratic school environment. Others struggled with maths in school and have heightened sensitivity to the need to help children who are struggling. All are people who believe in the power of education to change lives.
What is Mathnasium?
Mathnasium is an international chain of year-round learning centres where children go to improve their maths skills. We are highly specialised; we teach only maths. Each franchised centre utilises the Mathnasium Method, an individually customisable educational curriculum that has been created through over 35 years of classroom experience and research. Its goal: teach children maths in a way that makes sense to them.
Mathnasium centres are open to members at least five times per week during after-school and weekend hours and children are encouraged to attend twice weekly for best results. Using the Team Teaching technique along with over 20,000+ custom worksheets covering topics from Kindergarten to Year 10, Mathnasium has been making a difference in the lives of children since 2003 when we opened our first centre. Today, we have more than 1,000 thriving centres across the globe…and we are continuing to grow at a pace of nearly 2 new centres each week.
What are the ongoing expenses of running a Mathnasium centre?
Other than the royalties, expenses typically include:
- Monthly rent for a ground floor retail space in your community (approx. 120 to 160 sq. mt)
- Ongoing advertising and promotion
- Instructors as enrollment grows (paid hourly during teaching times)
- Miscellaneous expenses, including phone, office supplies, and the like
How are Mathnasium centre operators supported?
Our goal is to help you to launch your centre speedily, comfortably, and confidently. You’ll receive thorough initial training to prepare you to open your centre. On an ongoing basis, we’ll be available to answer questions, and if you have a problem, we’ll try to help you solve it.
We have a comprehensive ongoing support program that includes:
- Franchise Business Consultant performance coaching programme
- Tune-up training sessions
- Conventions
- Individual and group telephone conferences
- Email Q & A
- In-person consultation and meetings as necessary
- Timely distribution of marketing and operations materials
- Mathnasium Matters, a continually updated blog that covers everything Mathnasium
- Mathnasium University, an online educational resource for franchisees and their team to upgrade their own franchise knowledge set, at times that best fit their lifestyle
Together, these support services not only provide stability for new franchisees, but also allow easy access to strategies for continued improvement. Learn more about the franchise support provided.
I want to find out if I qualify to become a Mathnasium franchisee. What do I do?
Click here to get started and we will send you an email with much more information about the Mathnasium franchise. Also, our franchise development director will contact you shortly in order to help answer any additional questions you may have regarding the opportunity. We’re looking forward to speaking with you about the possibility of owning your own Mathnasium Learning Centre!