Mathnasium vs Water Babies
Franchise Comparison 2026
Both Mathnasium and Water Babies are education franchises. Mathnasium requires an investment of $113K – $150K while Water Babies requires $108K – $153K. Mathnasium discloses average revenue of $345K; Water Babies does not report Item 19 data. Mathnasium has SBA lending data on file with a 1.8% charge-off rate. FranchiseVerdict rates Mathnasium A (Top Quintile) and Water Babies D (Below Average).
| Metric | Mathnasium | Water Babies |
|---|---|---|
| Verdict Grade | ATop QuintileTop Quintile | CAverageAverage |
| Investment Range | $113K – $150K | $108K – $153K |
| Franchise Fee | $49K | $55K |
| Royalty Rate | 10.0% | 10.0% |
| Average Revenue (Item 19) | $345K | N/A |
| SBA Charge-Off Rate | 1.8% (109 loans) | N/A |
| Total Units | 972 | 2 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2024 | 2025 |
| FDD Year | 2024 | 2025 |
Investment Range
$113K – $150K
$108K – $153K
Franchise Fee
$49K
$55K
Royalty Rate
10.0%
10.0%
Average Revenue (Item 19)
$345K
N/A
SBA Charge-Off Rate
1.8% (109 loans)
N/A
Total Units
972
2
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2024
2025
FDD Year
2024
2025