No. 93 of the UK's Top 100 in 2022
Mathnasium offers primary and secondary school math programmes to help children understand and love maths. The instructional approach goes beyond traditional maths tutoring to develop confidence towards maths. Tutoring with Mathnasium is for children who have difficulties with the subject but also for students who already excel in maths and want to go further. The franchisee’s days will be spent creating relationships in their community – with schools, with parents, with the students who will visit the centre, and with their own employees. Recruiting instructors is part of the franchisee’s role, to ensure every child gets the attention they need and deserve.
Year established | 2002 |
Year franchise established in the UK | 2017 |
Number of units in the UK | 16 |
Number of units worldwide (excluding UK) | 1,103 |
Number of countries where company operates | 11 |
Financials
Franchise fee | £29,500 |
Minimum investment | £40,000 |
Total investment | £77,000 - £120,000 |
Royalty fee / Management fee | £350/mo + 10% of gross sales |
Advertising fee | £175/mo + 2% of gross sales |
Contract period | n/a |
Financing | Yes, through bank agreements |
Training and support
The new franchisee will gain access to an abundance of online training materials.They will also spend a time getting to know the business at the UK corporate headquarters where they will learn financial planning and complete training courses in the Mathnasium Method™. They will also attend the brand's hands-on ‘apprenticeship programme’ in a live environment with children present.After training, a Start-up Specialist (SUS) will assist the franchisee up until opening. Once the centre is up and running, a Field Business Consultant (FBC) will regularly visit the new location and provide expert advice for how to grow and maintain the business. Mathnasium maintains a full range of ready-to-use marketing materials, including formats for online advertising, flyers, display ads, direct mail pieces and brochures. Regional training is available twice a year and an annual convention takes place every July with Mathnasium franchisees from around the world.