| # Mathnasium
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| - Brand slug: mathnasium
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| - Legal name: Mathnasium Franchisor LLC
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| - Industry: Education
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| - FDD year: 2026 (WI)
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| - Source: https://apps.dfi.wi.gov/apps/FranchiseSearch/details.aspx?id=641614&hash=1383796229&search=external&type=GENERAL
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| - FranchiseDepth page: https://franchisedepth.com/franchise/mathnasium/
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| - Hand-checked against the FDD: yes
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| ## Fees and investment (Items 5-7)
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| - initial_fee_low_usd: 49,000
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| - initial_fee_high_usd: 49,000
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| - royalty_pct: 10
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| - royalty_min_monthly_usd: 1,500
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| - marketing_fee_pct: 2
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| - marketing_min_monthly_usd: not disclosed
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| - tech_fee_monthly_usd: 266
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| - total_investment_low_usd: 127,316
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| - total_investment_high_usd: 165,846
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| - liquid_capital_usd: not disclosed
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| - net_worth_usd: not disclosed
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| ## Fee notes
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| Standard first-franchise fee $49,000; additional franchise or Center Director discount $26,500; transferee fee $7,000 (may be waived); veteran/educator discount 25% off first-center fee; development fee $75,500-$129,000 for 2-5 centers credited toward franchise fees. In 2025, fees paid ranged $0-$49,000. Royalty is 10% of monthly Gross Receipts; beginning in the 24th month of operation it is the greater of 10% or $1,500 per month. A Base Royalty of $650 per month is also payable, beginning 6 months after signing. Monthly Marketing Fee is $250 plus 2% of monthly Gross Receipts. A Digital and Local Marketing Fee of at least $1,000 per month is paid to the franchisor and credited against the local marketing requirement.
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| ## Outlets, closure rate, growth and all-in fee
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| - total_outlets: 1,047
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| - franchised_outlets: 1,043
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| - company_outlets: 4
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| - states_count: 45
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| - closure_rate_pct: 2.1
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| - closures: 60
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| - closures_not_itemized: 0
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| - reacquired: 1
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| - franchised_outlet_years: 2914
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| - closure_year_from: 2023
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| - closure_year_to: 2025
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| - closure_ranking_eligible: yes
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| - growth_pct: 7.7
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| - growth_outlets_from: 972
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| - growth_outlets_to: 1,047
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| - growth_year_from: 2023
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| - growth_year_to: 2025
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| - growth_ranking_eligible: yes
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| - all_in_fee_pct: 12
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| - all_in_basis: royalty + marketing fund
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| ## Comparable revenue
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| - annual_revenue_usd: 326,428
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| - basis: median, 914 franchised Mathnasium Centers open and operated by the same franchisee 12 months or longer as of December 31, 2025 (914 outlets)
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| ## Item 19 figures
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| | metric | cohort | outlets | avg | median | min | max | period | page |
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| |---|---|---|---|---|---|---|---|---|
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| | Annual Gross Receipts | 914 franchised Mathnasium Centers open and operated by the same franchisee 12 months or longer as of December 31, 2025 | 914 | 384,874 | 326,428 | 66,925 | 1,511,770 | January 1 - December 31, 2025 | 60 |
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| | Annual Gross Receipts | Top 1/4 of 914 franchised Mathnasium Centers open 12+ months | 229 | 693,314 | 635,510 | 467,777 | 1,511,770 | January 1 - December 31, 2025 | 60 |
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| | Annual Gross Receipts | Mid-Upper 1/4 of 914 franchised Mathnasium Centers open 12+ months | 228 | 391,418 | 391,156 | 326,710 | 466,924 | January 1 - December 31, 2025 | 60 |
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| | Annual Gross Receipts | Mid-Lower 1/4 of 914 franchised Mathnasium Centers open 12+ months | 228 | 278,021 | 274,816 | 235,325 | 326,146 | January 1 - December 31, 2025 | 60 |
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| | Annual Gross Receipts | Bottom 1/4 of 914 franchised Mathnasium Centers open 12+ months | 229 | 176,306 | 182,523 | 66,925 | 234,408 | January 1 - December 31, 2025 | 60 |
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| | Operating Profit | 914 franchised Mathnasium Centers (Covered Centers) open 12+ months with complete 2025 P&Ls | 914 | 117,000 | 111,630 | not disclosed | not disclosed | January 1 - December 31, 2025 | 61 |
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| | Annual Gross Receipts per center | Franchisees owning 1 Center (289 franchisees), centers open 36+ months under the same franchisee | 289 | 373,107 | 318,865 | 90,745 | 1,335,332 | January 1 - December 31, 2025 | 64 |
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| | Annual Gross Receipts per center | Franchisees owning 2 Centers (60 franchisees), centers open 36+ months under the same franchisee | 120 | 407,394 | 338,334 | 91,037 | 1,283,151 | January 1 - December 31, 2025 | 64 |
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| | Annual Gross Receipts per center | Franchisees owning 3-5 Centers (26 franchisees), centers open 36+ months under the same franchisee | 92 | 453,229 | 390,326 | 77,077 | 1,511,770 | January 1 - December 31, 2025 | 64 |
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| | Annual Gross Receipts per center | Franchisees owning 6+ Centers (14 franchisees), centers open 36+ months under the same franchisee | 158 | 467,965 | 419,572 | 122,948 | 1,387,460 | January 1 - December 31, 2025 | 64 |
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| ## Franchised outlet turnover by year (Item 20 Table 3)
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| | year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end |
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| |---|---|---|---|---|---|---|---|---|
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| | 2023 | 951 | 43 | 0 | 0 | 1 | 25 | not disclosed | 968 |
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| | 2024 | 968 | 47 | 0 | 0 | 0 | 20 | not disclosed | 995 |
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| | 2025 | 995 | 63 | 0 | 0 | 0 | 15 | not disclosed | 1,043 |
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| ## Revenue relative to cost (revenue is not profit)
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| - comparable_annual_revenue_usd: 326,428
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| - investment_midpoint_usd: 146,581
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| - revenue_to_investment: 2.23
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| - royalty_pct: 10
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| - revenue_per_royalty_point_usd: 32,643
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|
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| ## Rank against peers
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| | metric | value | rank | peers | peer median | order | peer group |
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| |---|---|---|---|---|---|---|
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| | inv_low | 127,316 | 18 | 24 | 98,065 | lowest first | Academic Tutoring |
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| | fee_low | 49,000 | 19 | 24 | 32,250 | lowest first | Academic Tutoring |
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| | royalty | 10 | 10 | 18 | 9.75 | lowest first | Academic Tutoring |
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| | allin | 12 | 12 | 18 | 11 | lowest first | Academic Tutoring |
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| | outlets | 1,047 | 2 | 24 | 43.5 | highest first | Academic Tutoring |
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| | growth | 7.7 | 2 | 16 | -7.3 | highest first | Academic Tutoring |
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| | closure | 2.1 | 4 | 16 | 6.05 | lowest first | Academic Tutoring |
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|
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| ## Similar alternatives (closest first)
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| 1. Level UP Learning (same sub-category; investment from $126,265)
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| 2. Omega Learning Center (same sub-category; investment from $135,913)
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| 3. Sylvan Learning (same sub-category; investment from $117,600)
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| 4. The Tutoring Center (same sub-category; investment from $114,420)
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| 5. GradePower Learning (same sub-category; investment from $113,136)
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| 6. LearningRx (same sub-category; investment from $150,000)
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| 7. Kumon (same sub-category; investment from $101,630)
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| 8. Prepaze Academy (same sub-category; investment from $154,000)
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| 9. The Resource Room (same sub-category; investment from $94,500)
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| 10. Tutor Doctor (same sub-category; investment from $94,295)
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