What is a Mathnasium franchise?
A Mathnasium franchise enables you to own your own Mathnasium Learning Center in your community to help children from pre-K to pre-calculus boost their math skills. We teach you the business and grant you a license 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 center
- A financial system – for collecting fees, paying bills, financial reports, etc.
- An operations system – for daily management and administration
Can I open more than one centre?
Yes, this is a business model with the potential to scale to your ambitions, whatever they are. However, it’s crucial to get your first centre established and running smoothly before expanding into further sites.
Who do I need to be to succeed as 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.
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. Your territory will be based on comprehensive demographic data highlighting the potential opportunity for your centre.
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, and whether you promote your centre moderately or aggressively. As a guide, you should be aiming to earn a six-figure income within three years. We will share potential returns and the financial model with you as part of the process of becoming a franchisee.