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

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Franchise Information Kit

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

Page 1: Franchise Information Kit - Mathnasium · Franchise Information Kit. 1 Mathnasium is your neighbourhood math-only learning and enrichment centre ... Franchise opportunity is an enjoyable

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Franchise Information Kit

Page 2: Franchise Information Kit - Mathnasium · Franchise Information Kit. 1 Mathnasium is your neighbourhood math-only learning and enrichment centre ... Franchise opportunity is an enjoyable

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Mathnasium is your neighbourhood math-only learning and enrichment centre that 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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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.

The Mathnasium Difference

2010

200 Centres

400 Centres

700+ Centres

math instruction sessionstaught (and counting)

5,000,000+

2013 2016

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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• M2: 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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In 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.

The Investment

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.

Initial Franchise Fee: $31,000 USD

Expenses While Training: $1,500 USD to $2,500 USD

Rent (and Security Deposit, if required): $6,000 USD to $12,000 USD

Paint, Carpet and Tenant Improvements: $2,500 USD to $10,000 USD

Furniture, Signs, Equipment, and Supplies: $10,000 USD to $15,000 USD

Insurance: $2,000 USD to $3,500 USD

Business License and Name Registration: $250 USD to $1,000 USD

Professional Services (Legal and/or Accounting): $1,500 USD to $2,000 USD

Phone and Utilities: $500 USD to $1,000 USD

Video Surveillance and Related Equipment: $1,500 USD to $5,000 USD

Early Stage Advertising: $10,000 USD to $15,000 USD

Additional Funds (4 Months): $15,000 USD to $30,000 USD

TOTAL: $81,750 USD to $128,610 USD

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 Investment Ongoing FeesBase Monthly: $500 USD

Royalty: 10% of Gross Sales

National Marketing: $250 USD plus 2% of Gross Sales

Technology: $110 USD/month (Provides access to M2, our proprietary business management software system based on Salesforce.com)

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For 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:

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 Ownership

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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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Ready to start making a difference? Visit our website or call your Franchise Development Director to begin the process of owning

your own Mathnasium Learning Centre.

888-763-2604mathnasiumfranchise.com

© 2016 Mathnasium LLC. All Rights Reserved.

5120 W. Goldleaf Circle, Suite #300

Los Angeles, CA 90056