Seriously Addictive Mathematics Franchise Cost, Revenue & Review 2026
Data from FDD filing
Analysis by FranchiseVerdict Research · Methodology
Seriously Addictive Mathematics (S.A.M.) is a children's education franchise offering a Singapore-method math tutoring program for K-12 students. Franchisees run the centers, managing tutors, curriculum, and enrollment.
FranchiseVerdict summary · 2026
A Seriously Addictive Mathematics franchise requires a total initial investment of $59K – $99K, including a $25K franchise fee. The 2023 FDD does not disclose unit-level revenue (no Item 19). FranchiseVerdict grade: C (Average), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2023 FDD issuance
Overview
- Investment
- $59K – $99K
- 19th pct Education
- Avg gross sales
- N/A
- Royalty
- N/A
- Units
- 14
- 33rd pct Education
- SBA charge-off
- N/A
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
- COSTTotal investment $59K – $99K including a $25K franchise fee.
- RETURNSNo Item 19 financial performance data disclosed. The franchisor chose not to publish revenue figures.
- RISKVerdict C (Average), verdict score 45/100 (higher is better).
- DATANo 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
Corporate structure & franchisor financials
- Legal entity
- SAM Chicagoland, LLC (subfranchisor); Seriously Addictive Learning Center USA LLC (franchisor)
- Parent company
- Seriously Addictive Learning Centre Pte Ltd. (Singapore)
- CEO title
- Executive Director
- Samuel Chia Kiah Hua
- Incorporated in
- Illinois (SAM Chicagoland, LLC); Delaware (Seriously Addictive Learning Center USA LLC)
- HQ
- 460 Edgewood Lane, Northfield, Illinois 60093
- Auditor
- DNJ & Associates
- Audited financials
- Franchisor revenue
- $29K
- vs $190K prior year
Overview
About
- CEO
- Samuel Chia Kiah Hua
- Headquarters
- CA
- Founded
- 2014
- FDD year
- 2023
- States available
- 1
Can you afford it, and what does the money buy?
Entry cost runs 88% below the typical education franchise.
Source: FDD 2023 · Items 5–7
FDD Item 7 · 2023 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $25K | $25K |
| Working capital (3–6 mo) | $5K | $6K |
| Equipment, build-out, other | $29K | $68K |
| Total initial investment | $59K | $99K |
Source: Seriously Addictive Mathematics 2023 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
- $59K – $99K
- Top 40% of category vs category
- Liquid capital req'd
- $5K – $6K
- Top 40% of category vs category
- Franchise fee
- $25K – $25K
- Top 40% of category vs category
- Royalty
- $30 per student per month
- Ad fund
- 1.0%
- typical 3–5%
- Total fee load
- 31.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Marketing / ad fund | 1.0% of gross sales |
| Technology fee | $50 |
| Transfer fee | $5K |
| Renewal fee | $8K |
| Total fee load | 31.0% of rev |
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
Seriously Addictive Mathematics did not disclose financial performance in FDD Item 19. The ROIC and return models require Item 19 revenue. Without it all inputs are estimates. You can still run the calculator with your own assumptions by entering an expected revenue figure.
Returns model · single-unit ROIC
What would one Seriously Addictive Mathematics unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
143%
Above the 30–60% band. Verify revenue is per-unit average
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2023 FDD
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
Total ongoing fee load of 31.0% — above the Education average of 10.6%.
Disclosure
Franchisor chose not to disclose financial performance representations. You will need to gather unit economics directly from existing franchisees.
Operator retention
System expanding at 40.0% CAGR over 3 years across 14 units — operators are staying and new ones are joining.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Education averages
How Seriously Addictive Mathematics Compares
Is the system healthy?
Source: FDD 2023 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 14
- Opened
- 3
- Last reporting year
- Closed
- 0
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 1
- Term expired, not renewed (per Item 20)
- Turnover rate
- 7.1%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Net growth (3-yr)
- +40.0%
- Net unit change over 3 years
- 3-yr CAGR
- +40.0%
- Compounded over last 3 years
3-year detail · Item 20
- Opened (3yr)
- 3
- Closed (3yr)
- 0
- Terminated (3yr)
- 0
- Non-renewed (3yr)
- 1
- Transfers (3yr)
- 0
- Reacquired (3yr)
- 0
- Franchisor bought back
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 12 · 1 state reported
The Territory Map
FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.
1
states with franchisees (per FDD Item 12)
Fast growth in a small system. Newer franchisors expanding quickly may not yet have the support infrastructure of larger systems.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
What could kill this investment?
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Small tutoring franchise (14 units, all franchised) growing 40%. Only concern is that financials are unaudited (has_audited_financials=false) with a minimal $100,000 net worth. No litigation, bankruptcy, or going-concern issues.
Audited financials (Item 21)
Yes · DNJ & Associates
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Score breakdown · what drove the 45 / 100 verdict
- 01MINORNo audited financials
- 02MINORThin net worth $100,000
- 03MINORNo Item 19 disclosure
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 31.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2023 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 3 years |
|---|---|
| Renewal term | 3 years |
| Territory type | Designated Territory based on population |
| Protected territory | Yes |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Jury trial waiver | Yes |
| Governing law | California |
| Litigation count | 1 |
Items 10, 11
Training & Operations
- Classroom training
- 36 hrs
- On-the-job training
- 12 hrs
- POS system
- Seriously Addictive Mathematics IT system
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Seriously Addictive Mathematics IT system
Item 20 · call current owners
Franchisee Contacts
7 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Seriously Addictive Mathematics · FDD (2023) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Seriously Addictive Mathematics franchise?
The total investment to open a Seriously Addictive Mathematics franchise ranges from $59K – $99K, with an initial franchise fee of $25K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Seriously Addictive Mathematics franchise owners earn?
Seriously Addictive Mathematics does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Item 19 in the Seriously Addictive Mathematics FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the Seriously Addictive Mathematics FDD and qualifies whose outlets they describe.
What is Seriously Addictive Mathematics's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Seriously Addictive Mathematics (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many Seriously Addictive Mathematics franchise locations are there?
As of their most recent FDD filing, Seriously Addictive Mathematics has 14 total units in the United States, including 14 franchised units and 0 company-owned units. 3 new units were opened in the latest reporting year.
Is Seriously Addictive Mathematics a good franchise to buy?
FranchiseVerdict rates Seriously Addictive Mathematics as a C-grade franchise with a verdict score of 45 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?
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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.