FranchiseVerdict
Seriously Addictive Mathematics logo
FV-02282·MODERATEExcellent86

Seriously Addictive Mathematics

Education - Tutoring & Test PrepFranchising since 2025Website
Investment
$59K – $99K
22nd pct Tutoring & Te…
Avg revenue
55th pct Tutoring & Te…
Royalty
Units
9
35th pct Tutoring & Te…
SBA default

Bottom line

  • Total investment $59K – $99K including a $25K franchise fee.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated MODERATE with a risk score of 65/100.
  • 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

Legal entity
Haolin Education, LLC
Parent company
Seriously Addictive Learning Center USA LLC
Incorporated in
California
HQ
128 Park Boulevard, Millbrae, California 94030
Auditor
DNJ & Associates
Audited financials
Franchisor revenue
$29K
vs $190K prior year

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 Seriously Addictive Mathematics unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: education
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $59K–$99K
Working capital
$
FDD reports $9K–$11K

Unlevered ROIC · per unit

135%

Above typical band (30–60%)

0%30–60% Yale band80%
ROIC above 100% usually means the revenue figure is a system-wide aggregate or top-cohort number rather than a single-unit average. Verify the "Revenue · per unit" field against the brand's FDD Item 19 detail tables before relying on this output.

Store EBITDA · annual
$120K
EBITDA margin
16.0%
Total invested
$89K
Payback
9 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Overview

About

Franchisees operate math tutoring centers targeting K–12 students, delivering individualized or small-group instruction using the Seriously Addictive Mathematics curriculum. Day-to-day operations include student enrollment, lesson delivery, progress tracking, parent communication, and local marketing to fill enrollment pipelines.

CEO
Toro Roan
Founded
2023
FDD year
2025
States available
1

Item 7 · what it costs

The Vitals

Total investment
$59K – $99K
All-in to open one unit
Liquid capital
$9K – $11K
Cash you must have on hand
Franchise fee
$25K
Royalty
$30 per student per month
Ad fund
1.0%
typical 3–5%
Total fee load
31.0%
vs 9–13% typical

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

Total units
9
Opened
1
Last reporting year
Closed
1
Turnover rate
11.1%
Company-owned
1
Corporate units in the system
% franchised
89%
vs corporate-owned
Net growth (yr3)
+14.3%
Net unit change last year
3-yr CAGR
+33.3%
Compounded over last 3 years
2023
8+1
Franchised units
2024
7
Franchised units
2025
6
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 30 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).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 30 states
Not registered

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

65
Risk · 0-100
MODERATE65 / 100

Early-stage math tutoring franchise with regulatory baggage, undisclosed financials, minimal unit growth, and unproven unit economics creates elevated risk for franchisee capital deployment.

Score breakdown · what drove the 65 / 100 rating

  1. 01HIGHPredecessor company litigation involving unregistered franchises in California and formal Notices of Violation from DFPI — indicates regulatory compliance issues and potential liability exposure
  2. 02MEDFinancial performance metrics completely undisclosed (no Item 19 average unit volumes or net income) — impossible to validate ROI on $58,500–$99,000 investment or $30/student/month royalty model
  3. 03MINORExtremely slow unit growth: only 9 units with 14.3% YoY growth suggests weak franchisee recruitment, retention, or both; minimal system scale limits support infrastructure
  4. 04MEDRoyalty structure ($30/student/month) creates high dependency on student enrollment fluctuations; no disclosed minimum thresholds or guaranteed revenue benchmarks
  5. 05MINOR3-year term is short for education franchise investment recovery; renewal terms and conditions not specified

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Designated Territory based on population
Protected territory
Yes
Initial term
3 years
Renewal term
3 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
1
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
California

Item 11

Training & Operations

Classroom training
36 hrs
On-the-job training
12 hrs
POS system
Seriously Addictive Mathematics IT system
Operating tech stack

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

37 numbers

Locked
(317) 232-••••
IN
(504) 342-••••
LA
(850) 245-••••
FL

One-time purchase · CSV download · Validation questions included

FDD download

Seriously Addictive Mathematics · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above