About Mathnasium Learning Centers
As a consultant to public and private schools, Larry Martinek saw first-hand the struggles that many students had with mathematics instruction. He spent three decades developing methods and materials to help give grade-school children a better foundation in math. His curriculum became the basis of the first Mathnasium Learning Center, opened by Peter Markovitz and David Ullendorff in Westwood, California, in 2002. The company began expanding a year later and now has locations across North and South America, Europe and Asia.
The Mathnasium Mission
Teach children math so they Franchises Understand it, master it, and love it.
Math can change their lives, and they can change the world.
Mathnasium makes math make sense, building children’s confidence and a deep Franchises Understanding and lifelong love of mathematics. With more than 1,000 locations on four continents, our franchised and company-owned learning centers provide tutoring from pre-K through high school.
The Mathnasium Method™ increases a child’s math competency and improves their lives by opening the doors to higher education, greater career opportunities, and a better future. It is in that sense that we aim to change the world … one child at a time.
Our teaching method, the Mathnasium Method™, is the life’s work of Larry Martinek, Mathnasium’s Chief Instructional Officer and a teacher and math teaching consultant in the Los Angeles area for more than 35 years. The Mathnasium Method™ uses a time-tested, customized program which stems from a unique assessment to identify what students need to improve their math skills. We offer personalized instruction, proprietary worksheets, and games to build Number Sense and provide a fun and supportive environment in which children can learn and practice math.
Shant Assarian, CEO
2003 (18 years)
Total Number of Units
1,074 (as of 2020)
Part-Time / Full-Time
How Much Does It Cost To Open A Mathnasium Learning Centers Franchise?
There are several costs associated with opening a Mathnasium Learning Centers franchise. There is typically a franchise fee set by the franchisor, which covers the costs of opening a franchise location. Some other commons fees include equipment fees, marketing fees, licensing fees, insurance, and taxes, to name a few.
Some franchises may have a weekly fee that the franchisee pays for operating a Mathnasium Learning Centers franchise. The weekly fee for opening a Mathnasium Learning Centers franchise is Royalty Fee Due Monthly On 20Th.
The full breakdown of these fees can be found in the Financial Disclosure Document (FDD) provided to franchisees by the franchisor. The FDD report will contain additional information such as whether the franchise is renewable (Mathnasium Learning Centers Is Renewable) and does the franchise offer financing support (Mathnasium Learning Centers Mathnasium Learning Centers has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll).
Mathnasium Learning Centers Company Details
Here are some additional details about Mathnasium Learning Centers.
|Net Worth Requirement||$149,110|
|Veteran Incentives||25% off franchise fee|
|Term of Agreement||5 years|
|Run from Home||No|
Training and Support Offered By Mathnasium Learning Centers
Mathnasium Learning Centers offers several support options to its franchisees. With 1,074 (as of 2020) units, Mathnasium Learning Centers aims to provide support to each franchise owner to help them operate a successful franchise location. Mathnasium Learning Centers offers 24 hours on the job training, 30 hours classroom training, and Ongoing training additional training.
Training and Support Offered
Here are the support options offered by Mathnasium Learning Centers.
|On-The-Job Training||24 hours|
|Classroom Training||30 hours|
|Additional Training||Ongoing training|
Is Mathnasium Learning Centers Right For You?
Mathnasium Learning Centers has gone digital! Here are all of the ways you can find Mathnasium Learning Centers online. Oftentimes, you can reach out to current franchisees of Mathnasium Learning Centers online. Current franchisees may be able to offer personalized insights into what it is like owning a Mathnasium Learning Centers franchise and offer tips to running a successful Mathnasium Learning Centers franchise location.
Why Should You Start a Mathnasium Learning Centers Franchise?
Investing in a Children franchise such as Mathnasium Learning Centers can kickstart your franchise portfolio. Our goal at Why Franchise is to provide you with the resources needed to be a successful franchise owner. Fill out the form below to get more information about Mathnasium Learning Centers franchise and we'll be in touch soon!