{"slug":"mathnasium-learning-centers","name":"Mathnasium Learning Centers","category":"Education","fdd_year":2026,"verdict":{"grade":"A","score":90},"investment":{"low":127316,"high":165846,"scope":null,"formats":null},"franchise_fee":49000,"franchise_fee_low":49000,"franchise_fee_high":49000,"franchise_fee_display":"$49K","franchise_fee_structure":null,"franchise_fee_qualifier":null,"fee_basis":null,"fee_basis_qualifier":null,"franchise_fee_entry_price":49000,"royalty_rate_pct":10,"avg_unit_revenue":384874,"avg_unit_revenue_basis":"FRANCHISED_ONLY","avg_unit_revenue_sample_size":914,"avg_unit_revenue_period":null,"avg_unit_revenue_qualifier":"914 outlets reporting; gross sales, not profit","operating_income":{"label":"Operating Profit","group":"Covered Centers - P&L expenses and operating profit (Table 2)","amount":117000,"share_of_sales_pct":30.4,"after":{"royalty":true,"ad_fund":true,"rent":true,"debt_service":null,"depreciation":null,"owner_comp":false,"all_expenses":null,"imputed_fees":false,"not_included":[]},"qualifier":"Item 19, the filing's own line for the average Covered Centers - P&L expenses and operating profit (Table 2) outlet (30.4% of sales), before owner or manager pay; after royalty, ad fund and rent. The filing does not say whether it is after debt service and depreciation. Gross sales are not profit, and this figure is not take-home pay until tax and the costs the filing's line leaves out are paid. Not investment advice."},"item19_cohort_dimension":null,"item19_cohorts":null,"no_financial_performance_representation":false,"no_financial_performance_representation_note":null,"no_item19_statement_in_filing":false,"unit_count":1047,"unit_count_basis":null,"unit_count_qualifier":null,"sba":{"charge_off_rate_pct":2.632,"loans":38,"resolved_loans":38,"total_loans":85,"basis":"charge-offs / (charge-offs + paid in full), SBA 7(a), cumulative from fiscal 1991","approval_window":null,"recent":{"approved_from_fy":2014,"approved_to_fy":2019,"resolved_loans":35,"charge_off_rate_pct":2.9}},"source":"FDD filings + SBA 7(a) FOIA disclosures","url":"https://franchiseverdict.com/brand/mathnasium-learning-centers","disclaimer":"Informational only, not investment advice."}