Mathnasium Learning Centers Franchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
FranchiseVerdict summary · 2026
A Mathnasium Learning Centers franchise requires a total initial investment of $127K – $166K, including a $49K franchise fee. Per the 2024 FDD, average unit revenue was $345K[2]. SBA 7(a) loans show a 2.6% charge-off rate across 85 loans[1]. FranchiseVerdict grade: A (Strongest tier), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2024 FDD issuance
Overview
- Investment
- $127K – $166K
- 36th pct Education
- Avg gross sales
- $345K
- 16th pct Education
- Royalty
- N/A
- Units
- 1,047
- 73rd pct Education
- SBA charge-off
- 2.6%
- % of SBA 7(a) loans not repaid · median varies by category
Quick verdict · Education · color = vs category peers
Green = favorable by >10% vs Education avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- Total investment $127K – $166K including a $49K franchise fee.
- Average unit revenue of $345K/year (median $304K).
- Verdict A (Strongest tier), verdict score 85/100 (higher is better). SBA loan charge-off rate of 2.6% across 85 loans (well below the franchise average, based on all SBA 7(a) franchise lending, 2010–2025).
- Established system with 1,047 units across 23 years of franchising. Strong brand recognition and operational playbook.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- Mathnasium Franchisor LLC
Overview
About
Franchisor of Mathnasium learning centers providing supplemental math instruction to children ages 4-17 using the Mathnasium Method, delivered at after-school learning centers.
- CEO
- Tyler Sgro
- Headquarters
- California
- Founded
- 2003
- FDD year
- 2024
Can you afford it, and what does the money buy?
Entry cost runs 76% below the typical education franchise.
Source: FDD 2024 · Items 5–7
FDD Item 7 · 2024 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $49K | $49K |
| Equipment, build-out, other | $78K | $117K |
| Total initial investment | $127K | $166K |
Source: Mathnasium Learning Centers 2024 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $127K – $166K
- Top 40% of category vs category
- Liquid capital req'd
- N/A
- Bottom third — review vs category
- Franchise fee
- $49K
- Middle of category vs category
- Royalty
- -n/d
- Ad fund
- -n/d
What do units actually make?
Average unit sales run 60% below the education norm.
Source: FDD 2024 · Item 19
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$48K
14.0% margin
Unlevered ROIC
27%
EBITDA / total invested capital
Payback
3.8 yrs
cash-on-cash, unlevered
Financial Performance
- Avg gross sales
- $345K
- Per unit, per year
- Median gross sales
- $304K
Gross sales are revenue before expenses — not profit. Actual owner earnings depend on rent, labor, royalties, marketing fees, and debt service.
Compared against 234 Education brands
vs Education averages
How Mathnasium Learning Centers Compares
Is the system healthy?
Source: FDD 2024 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 1,047
- Opened
- N/A
- Last reporting year
- Closed
- N/A
No multi-year history disclosed and no opening/closing activity in the last reporting year.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 85
- Loan volume
- $13.9M
- Median loan
- $100K
- 50th percentile
- Charge-off rate
- 2.6%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- 97.4%
- 5-yr charge-off
- 0.0%
- Loans approved 2021+
- Active lenders
- 44
- Defaults
- 1
- Typical loan rate
- 8.3%
- avg rate to borrowers
- vs industry
- N/A
- NAICS 6116
- Jobs supported
- 1,006
- 7.2 per loan
- Lender concentration
- 15%
- top lender's share
Borrower mix: 0% went to startups / new businesses, 100% to established operators
Vintage analysis
Mathnasium Learning Centers charge-off rate by loan vintage
Top lenders financing Mathnasium Learning Centers franchisees
Showing 3 of 44 lenders. The full breakdown — every lender, state distribution, interest rates & risk ratings — is in the SBA Lending Report below.
Explore lender portfolios on Bank Reports or regional data on State Reports.
What could kill this investment?
SBA loans charge off at 2.6% — 84% below the 16.0% national norm, i.e. lower lender-observed risk.
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Mathnasium Learning Centers franchise?
The total investment to open a Mathnasium Learning Centers franchise ranges from $127K – $166K, with an initial franchise fee of $49K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Mathnasium Learning Centers franchise owners earn?
According to Item 19 of the Mathnasium Learning Centers FDD, the average gross sales per unit is $345K. The median is $304K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is Mathnasium Learning Centers's franchise failure rate?
Based on SBA 7(a) loan data, Mathnasium Learning Centers has a charge-off rate of 2.6% across 85 loans, meaning 2.6% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.
How many Mathnasium Learning Centers franchise locations are there?
As of their most recent FDD filing, Mathnasium Learning Centers has 1,047 total units in the United States.
Is Mathnasium Learning Centers a good franchise to buy?
FranchiseVerdict rates Mathnasium Learning Centers as a A-grade franchise with a verdict score of 85 out of 100 (higher is better), based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
Are you the franchisor?
If you represent Mathnasium Learning Centers, you can request corrections or provide updated information.
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.