Bottom line
- Total investment $52K – $247K including a $30K franchise fee, 6.0% ongoing royalty.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated CAUTION with a risk score of 77/100.
- No Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.
Item 1 · who you're contracting with
The Franchisor
Yale framework · single-unit ROIC
Returns Analysis
Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.
The model · Yale framework
What would one Math Reactor unit return on the cash you put in?
Unlevered ROIC · per unit
52%
In Yale's "attractive" band (30–60%)
Overview
About
Math Reactor appears to be an educational tutoring/STEM center franchise offering math instruction to K-12 students. Franchisees operate either Center-based (lower royalty at 6%) or Studio-based (higher royalty at 12%) locations, managing curriculum delivery, student enrollment, instructor hiring, and local marketing within their protected territory.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 20 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
High-risk investment with unproven franchisor financial stability, zero disclosed units, litigation history tied to non-compete violations, and complete absence of unit-level financial performance data.
Score breakdown · what drove the 77 / 100 rating
- 01HIGHGoing Concern status is FALSE — indicates potential financial instability or accounting issues at franchisor level
- 02MEDZero disclosed units with unknown growth trajectory — impossible to validate system viability or franchisee success rates
- 03HIGHCEO litigation history involving non-compete violations and misrepresentation allegations with Code Ninjas — suggests pattern of aggressive/questionable business practices
- 04MINORNo Item 19 financial performance disclosure — cannot verify if average revenue or net income claims are achievable
- 05MINORDual royalty structure (6% vs 12%) creates unclear cost comparison and suggests different profitability models may not be equally viable
- 06MEDHigh initial investment range ($52K-$247K) paired with $500/mo minimum royalty but NO disclosed average unit volumes — franchisees bear significant downside risk
- 07HIGH10-year term is lengthy commitment given franchisor's going concern status and unproven track record
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
Item 20
Franchisee Contacts
Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.
Franchisee contacts
24 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Math Reactor · FDD (2023) PDF