Franchise Information Kit · Franchise Information Kit. 1. Mathnasium. is your neighbourhood...

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Franchise Information Kit

Transcript of Franchise Information Kit · Franchise Information Kit. 1. Mathnasium. is your neighbourhood...

Page 1: Franchise Information Kit · Franchise Information Kit. 1. Mathnasium. is your neighbourhood math-only learning and enrichment centre that teaches kids math the way that makes sense

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Franchise Information Kit

Page 2: Franchise Information Kit · Franchise Information Kit. 1. Mathnasium. is your neighbourhood math-only learning and enrichment centre that teaches kids math the way that makes sense

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Mathnasium is your neighbourhood math-only learning and enrichment centrethat teaches kids math the way that makes sense to them. Created by a team of industry leaders dedicated to meeting a real need in education, Mathnasium provides a unique teaching method that helps kids catch up and get ahead in math, while making the subject fun and engaging. The Mathnasium Franchise is an excellent business opportunity in an important field with high demand. With a modest investment, our franchisees have the opportunity to seize a significant share of a billion dollar industry.

With math illiteracy at an all time high, along with an increased level of competition in colleges and technical careers, parents want to be able to give their children an advantage. Mathnasium makes that advantage attainable.

What Is Mathnasium?

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“Children don’t hate math. What they hate is being confused, intimidated, and embarrassed by math. With understanding comes passion, and with passion comes growth—a treasure is unlocked.” —Larry Martinek

For more than a decade, the Mathnasium Method™ has transformed the way kids understand and appreciate math. Larry Martinek, creator of the Mathnasium Method, has spent 40+ years designing, developing, and refining this approach based on his extensive experience teaching math to kids. We build math knowledge based on what children already know, which helps them learn and starts boosting confidence right away.

We use a unique combination of mental, verbal, visual, tactile, and written techniques to teach math to kids the way that makes sense to them. Mathnasium’s proprietary curriculum focuses on helping kids build their number sense so they truly understand math.

Most importantly, the Mathnasium Method is a proven approach to helping kids understand math, yielding results that have been the catalyst for the incredible growth in Mathnasium Franchises over the last 10+ years.

The Mathnasium Method™

Our instruction is teacher driven

Assess child’s math

skills

Customizelearning

plan

Teach forunderstanding

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The Mathnasium Difference

Product:The Mathnasium Method™ is a proprietary and time-tested, research-based system that provides engaging math instruction that kids love. And we get results.

People:We’re dedicated to the success of our franchisees. We only succeed when you succeed. We’re building a community of people who care deeply about education and together we continue to create a strong brand recognized for quality and results.

Potential: The market for supplementary math education is growing, as is the demand for high quality instruction. The Mathnasium Franchise opportunity combines a modest investment with excellent systems, support, and training; it’s a proven formula that works, validated by the rapid growth we’ve seen over the years.

2010

200 Centres

400 Centres

800+ Centres

5 000 000+math instruction sessions

taught (and counting)

2013 2017

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Proven SystemOne of the biggest advantages of franchising versus pursuing a start-up business on your own is utilizing established systems already proven to work. When you partner with Mathnasium, you’ll benefit from more than 10 years of successful business operating systems.Here are just a few of the things we teach you how to do:• Manage a centre• Hire instructors• Use the Mathnasium Method of teaching• Select a site and build out

• Attract new customers• Retain existing students• Successfully run your own business using the

proven Mathnasium Franchise model

World-Class Training & SupportWhether you have a background in education or not, Mathnasium development and training programs are designed to bring you quickly up-to-speed. And that training doesn’t end once your doors are open. We provide constant support throughout the life of your business, day after day.

• Comprehensive initial, tune-up,and online training

• Mathnasium Matters community blog

• Franchisee support help desk• Annual Convention• Dedicated franchise business

consultants Business & Marketing Tools• Radius: Our proprietary business and education management

system• Customizable marketing materials• Education program updates• Customizable centre websites• Social media and online marketing tools

The Franchisee Advantage

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The InvestmentIn 2015, Mathnasium grew by over 100 learning centre locations. There’s a reason for that: Our franchisees benefit from owning a truly rewarding business with a modest initial investment.

As with any new business, there are start-up costs that include setting up a centre, marketing to your community, and other one-time expenses. Depending on your geographic area, we estimate the initial investment to be between $90 750 and $137 610. This range of investment includes the estimated expenses associated with setting up your centre and operating it for the first 4 months.

This advertisement does not constitute an offer to sell a franchise. The offer of a franchise can only be made through the delivery of a franchise disclosure document. Certain provinces require that we register the franchise disclosure document in those provinces. This advertisement is not directed by us to the residents of any of those provinces. Moreover, we will not offer or sell franchises in those provinces until we have registered the franchise (or obtained an applicable exemption from registration) and delivered the franchise disclosure document to the prospective franchisee in compliance with applicable law.

For these fees and estimated start-up costs, you become a part of the Mathnasium family and benefit from:

• A solid business model with a modest investment and simple start-up• Extensive training and ongoing regional support• Access to an experienced management team with a record of success• Mathnasium’s proprietary curriculum and methodology• An exclusive, protected territory for each Mathnasium Learning Centre• A brand name known for quality and excellent customer service• A supportive franchise community• Proven marketing system including cost-effective tools and easy-to-execute strategies

Mathnasium Initial InvestmentInitial Franchise Fee: $31 000 USDExpenses While Training: $2500 USD to $3500 USDRent (and Security Deposit, if required): $8000 CAD to $20 000 CAD Paint, Carpet and Tenant Improvements: $10 000 CAD to $30 000 CAD Furniture, Signs, Equipment, and Supplies: $15 000 CAD to $25 000 CAD Insurance: $3000 CAD to $5000 CADBusiness License and Name Registration: $250 CAD to $1000 CAD Professional Services (Legal and/or Accounting): $2500 CAD to $3500 CAD Phone and Utilities: $500 CAD to $1500 CADVideo Surveillance and Related Equipment: $1500 CAD to $5000 CAD Early Stage Advertising: $15 000 CAD to $20 000 CADAdditional Funds (4 Months): $43 000 CAD to $60 000 CADTOTAL: $130 755 CAD to $201 620 CAD

Ongoing FeesBase Monthly: $500 CADRoyalty: 10% of Gross SalesNational Marketing: $250 CAD plus 2% of Gross SalesTechnology: $120 CAD/month (Provides access to Radius, our proprietary business and education management software system.)

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1. Have a brief Q&A conversation with your Mathnasium Franchise Development Director

2. Complete our Request For Consideration (RFC) form

3. Receive and review our Franchise Disclosure Document (FDD)

4. Receive your specific territory map and demographic report

5. Speak to Mathnasium Franchisees to learn about their ownership experiences

6. Attend Discovery Day in Los Angeles, California, United States

7. Sign the Franchise Agreement

After you’re officially part of the Mathnasium family, here’s what to expect:

• Initial franchise training

• Support in selecting a great location for your Mathnasium Learning Centre

• Hands-on support and guidance in setting up, marketing, and opening your new

Mathnasium Learning Centre

• Operate your Mathnasium Learning Centre with the ongoing training, support, and

guidance of the Mathnasium franchise support team

Steps to OwnershipFor 10+ years, we’ve been helping people discover the benefits of owning their own Mathnasium Learning Centre. The process of learning about the Mathnasium Franchise opportunity is an enjoyable experience based on transparency and designed to give you the information you need to make an educated business decision. Just follow these steps:

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Testimonials

The Mathnasium Franchise experience is a unique and rewarding business that allows owners to feel the satisfaction of helping kids and providing a valuable service to their community day after day. Here’s what some of our current Mathnasium owners have to say:

“The opportunity Mathnasium has provided me has been wonderful. I have touched the lives of 1,200 students so far in my community, giving them confidence not only in mathematics, but also in themselves. I have become a well-known and trusted member of my community, and I find great enjoyment interacting with parents as well as students.”

— John Opalko, Owner and Centre Director,Mathnasium of The Woodlands, Texas

“I stumbled upon Mathnasium online and thought it was too good to be true. The curriculum is unparalleled and the kids absolutely love it. Better still, their love of the subject is evident in their confidence and, most importantly, their results. I get to work with great people, great kids and a great product every day.”

— Kate Neligan Murray, Owner and Centre Director, Forest Hill and The Beach Mathnasium Centres, Toronto, Canada

“I love mathematics. I love kids. I love to teach. All over the world, the demand for expertise in mathematics is growing. Effective mathematics tutoring is difficult to find at an affordable price. The Mathnasium teaching method, curriculum, and business model are meeting these needs, and I am excited to be a part of it.”

— Steve Ross, Owner and Centre Director, Mathnasium of McMurray, Pennsylvania

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We’re happy to answer your questions. Email or call your Franchise Development Director for a Q&A conversation to begin the process of

owning your own Mathnasium Learning Centre.

© 2016 Mathnasium LLC. All Rights Reserved.

5120 W. Goldleaf Circle, Suite #300

Los Angeles CA, 90056