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Education & Tutoring · Brand S1089

Mathnasium and Mathnasium, The Math Learning Center franchise research

Costs by format. Disclosure context. Historical loan evidence. Know what is captured and what still needs diligence.

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Source: FDD issued Not captured · SBA data through Jun 30, 2026 · Automated extraction, not human-reviewed · View all sources

Investment
$127,316 to $165,846
First Mathnasium Center · +2 more
Royalty
10%
10% of monthly Gross Receipts, paid monthly; from the 24th month of operation the greater of 10% or $1,500/month; plus $650/month base royalty (starts 6 months after signing the first franchise agreement; first 6 months covered by initial fee)
Working capital
Additional Funds (4 Months): $35,000 to $45,000 (initial period defined as 4 months from opening; includes rent for months 2-4 and payroll for 1 employee; excludes owner compensation and royalties)
FDD Item 7
Units
1,043
+48 net in 2025
SBA loans approved
46
FY2021 to FY2026 YTD
SBA charge-off share
5.56%
historical, not a failure rate

Investment by format

Estimated initial investment by named format
FormatDisclosed range
First Mathnasium Center$127,316 to $165,846
Additional Mathnasium Center$104,816 to $143,346
Multi-unit development (2 to 5 centers, development fee plus first center)$153,816 to $245,846

Format-specific estimates only. Do not combine one format's minimum with another format's maximum.

Investment sourceFDD p.30 ↗

Franchise fees and ongoing costs

Franchise fee
$26,500 to $49,000 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review.
Royalty
10% · 10% of monthly Gross Receipts, paid monthly; from the 24th month of operation the greater of 10% or $1,500/month; plus $650/month base royalty (starts 6 months after signing the first franchise agreement; first 6 months covered by initial fee)
Marketing contribution
2% (basis not captured; see original filing)
Technology fee
$266 per month per center (begins first full month after signing the Franchise Agreement)
Other fees
Base royalty $650/month; Annual convention fee $550 per attendee; Late fee $250 plus $100 every 2 weeks
Working capital (FDD Item 7)
Additional Funds (4 Months): $35,000 to $45,000 (initial period defined as 4 months from opening; includes rent for months 2-4 and payroll for 1 employee; excludes owner compensation and royalties)

Fees sourceFDD p.24 ↗

Working capital is drawn from Item 7. The Investment source below locates the investment section, not an independently verified working-capital scalar.

Investment sourceFDD p.30 ↗

Franchise fee sourceFDD · page not captured ↗

Financial performance: Item 19

Item 19 captured
Yes
Metric / basis
Average and median annual Gross Receipts by quartile (Table 1); average/median P&L including instructor payroll, rent, royalties and operating profit (Table 2); average/median Gross Receipts by number of centers owned by franchisee (Table 3)
Reporting period
January 1, 2025 through December 31, 2025
Sample
Table 1: U.S. franchised centers open and operated by same franchisee 12+ months (1,047 U.S. centers minus 129 not eligible minus 4 affiliate-owned = 914); Table 2: 914 centers with complete P&Ls; Table 3: centers open 36+ months
Reported average
Not captured
Reported median
Not captured

Owner income is not captured. Gross sales and EBITDA are not owner pay. Results depend on the disclosed metric, sample and period; consult the full filing.

Item 19 performance sourceFDD p.60 ↗

Unit growth: Item 20

Reporting year
2025
Scope
franchised outlets
Starting outlets
995
Year-end outlets
1043
Net change
+48
Derivation
ending minus starting outlets
Openings
63
Terminations
0
Non-renewals
0
Other closures
15
Reacquisitions
0
Transfers
69

Transfers are not closures. Net change is ending minus starting outlets for the stated scope and year, or complete openings less terminations, non-renewals, other closures and reacquisitions. Missing inputs stay unknown.

Unit growth sourceFDD p.65 ↗

SBA loan history

Loan activity
46 approvals
Activity window
FY2021-FY2026 YTD; snapshot 2026-06-30
Median SBA loan
$130,000
Median loan window
FY2023-FY2026 YTD through 2026-06-30
Median loan sample
36 loans
Historical charge-off share
5.56%
Cohort
7(a) FY2010-2019 approvals
Numerator / denominator
1 / 18
Formula
CHGOFF / (PIF + CHGOFF + EXEMPT) × 100

This is a historical loan-level share, not a franchise failure probability or location survival rate. Loan size is not total investment. Other loan statuses are excluded from the seasoned denominator. Activity combines 7(a) and 504 approvals, excluding canceled and not-funded records; this is not a rolling five-year count. FY2024-25 franchise tags are sparse after directory suspension; fewer tagged loans do not establish brand decline. Recent charge-off cohorts are immature.

SBA loans sourceSBA data · Jun 30, 2026 ↗

Median loan amounts are financing context, not startup cost. The median window is separate from the seasoned charge-off cohort.

Median SBA loan sourceSBA data · Jun 30, 2026 ↗

Questions before you invest

How much does Mathnasium and Mathnasium, The Math Learning Center franchise cost?

First Mathnasium Center: $127,316 to $165,846; Additional Mathnasium Center: $104,816 to $143,346; Multi-unit development (2 to 5 centers, development fee plus first center): $153,816 to $245,846 These are format-specific estimates, not a guaranteed cash requirement. Franchise fee: $26,500 to $49,000 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review..

Investment sourceFDD p.30 ↗

Franchise fee sourceFDD · page not captured ↗

How much do Mathnasium and Mathnasium, The Math Learning Center owners make?

Owner income is not captured. Gross sales and EBITDA are not owner pay. Item 19 metric: Average and median annual Gross Receipts by quartile (Table 1); average/median P&L including instructor payroll, rent, royalties and operating profit (Table 2); average/median Gross Receipts by number of centers owned by franchisee (Table 3). Sample: Table 1: U.S. franchised centers open and operated by same franchisee 12+ months (1,047 U.S. centers minus 129 not eligible minus 4 affiliate-owned = 914); Table 2: 914 centers with complete P&Ls; Table 3: centers open 36+ months. Period: January 1, 2025 through December 31, 2025.

Item 19 performance sourceFDD p.60 ↗

What's the SBA charge-off rate for Mathnasium and Mathnasium, The Math Learning Center?

5.56%; numerator / denominator: 1 / 18. Historical 7(a) FY2010-2019 approvals; CHGOFF / (PIF + CHGOFF + EXEMPT) × 100, snapshot 2026-06-30. This is not a franchise failure probability. Median SBA loan: $130,000; window: FY2023-FY2026 YTD through 2026-06-30; sample: 36 loans. Median financing is not total investment.

SBA loans sourceSBA data · Jun 30, 2026 ↗

Median SBA loan sourceSBA data · Jun 30, 2026 ↗

Sources and data details

Every figure above links to the page of the filing it was read from. These are the document IDs, page pointers and checksums behind them, for anyone who wants to audit the data.

Show document IDs, page pointers and hashes
Fees

Original source · FDD issued: Not captured; Registry received: 05/13/2026
Document: 36620-202605-05; document SHA-256: 771fb8f9c520f5b0c9403f346a8ff2c8ad6e1fd40eefbafeafb0905d07e8890f
PDF page: 24; pointer: scalar-page-match. Not independently reviewed.
Dataset generated: 2026-10-03T02:32:20.074756+00:00; dataset version: f8a919ba13aeff8e04da22842f084c7fb459e532543a173426eaa34a86deca5d

Investment

Original source · FDD issued: Not captured; Registry received: 05/13/2026
Document: 36620-202605-05; document SHA-256: 771fb8f9c520f5b0c9403f346a8ff2c8ad6e1fd40eefbafeafb0905d07e8890f
PDF page: 30; pointer: scalar-page-match. Not independently reviewed.
Dataset generated: 2026-10-03T02:32:20.074756+00:00; dataset version: f8a919ba13aeff8e04da22842f084c7fb459e532543a173426eaa34a86deca5d

Franchise fee

Original source · FDD issued: Not captured; Registry received: 05/13/2026
Document: 36620-202605-05; document SHA-256: 771fb8f9c520f5b0c9403f346a8ff2c8ad6e1fd40eefbafeafb0905d07e8890f
PDF page: Not captured; pointer: source-known-page-unknown. Not independently reviewed.
Dataset generated: 2026-10-03T02:32:20.074756+00:00; dataset version: f8a919ba13aeff8e04da22842f084c7fb459e532543a173426eaa34a86deca5d
Enrichment generated: 2026-10-03T11:34:53.025030+00:00

Item 19 performance

Original source · FDD issued: Not captured; Registry received: 05/13/2026
Document: 36620-202605-05; document SHA-256: 771fb8f9c520f5b0c9403f346a8ff2c8ad6e1fd40eefbafeafb0905d07e8890f
PDF page: 60; pointer: section-page-match. Not independently reviewed.
Dataset generated: 2026-10-03T02:32:20.074756+00:00; dataset version: f8a919ba13aeff8e04da22842f084c7fb459e532543a173426eaa34a86deca5d

Unit growth

Original source · FDD issued: Not captured; Registry received: 05/13/2026
Document: 36620-202605-05; document SHA-256: 771fb8f9c520f5b0c9403f346a8ff2c8ad6e1fd40eefbafeafb0905d07e8890f
PDF page: 65; pointer: scalar-page-match. Not independently reviewed.
Dataset generated: 2026-10-03T02:32:20.074756+00:00; dataset version: f8a919ba13aeff8e04da22842f084c7fb459e532543a173426eaa34a86deca5d

SBA loans

Original source · SBA snapshot: 2026-06-30
Document: FOIA_7a_FY2010_FY2019_asof_260630.csv; document SHA-256: 01a3e2c7988a6f4052e53f218a309feb2ec2fe42887bebdc0fa94ac8b1024ade
PDF page: Not captured; pointer: raw-aggregate-recomputed. Not independently reviewed.
Dataset generated: 2026-10-03T02:32:20.074756+00:00; dataset version: f8a919ba13aeff8e04da22842f084c7fb459e532543a173426eaa34a86deca5d
Input document hashes: FOIA_7a_FY2010_FY2019_asof_260630.csv: 01a3e2c7988a6f4052e53f218a309feb2ec2fe42887bebdc0fa94ac8b1024ade; FOIA_7a_FY2020_Present_asof_260630.csv: 6c1e9132b5141a19f82bdc8ccafb86c9a01662461cad41ddb36a3cf409d8a4fe; FOIA_504_FY2010_Present_asof_260630.csv: 8c0e15414217254bcde2a253a8f17418b3dc65ce78dbc56cc1f1ab05c4a05ad4; code_map.csv: df55c53a0afc764ee1507d535a1924a3fab105a6daca0143ca56d9791d385d7b

Median SBA loan

Original source · SBA snapshot: 2026-06-30
Document: FOIA_7a_FY2020_Present_asof_260630.csv; document SHA-256: 6c1e9132b5141a19f82bdc8ccafb86c9a01662461cad41ddb36a3cf409d8a4fe
PDF page: Not captured; pointer: raw-median-recomputed. Not independently reviewed.
Dataset generated: 2026-10-03T02:32:20.074756+00:00; dataset version: f8a919ba13aeff8e04da22842f084c7fb459e532543a173426eaa34a86deca5d
Input document hashes: FOIA_7a_FY2020_Present_asof_260630.csv: 6c1e9132b5141a19f82bdc8ccafb86c9a01662461cad41ddb36a3cf409d8a4fe; code_map.csv: df55c53a0afc764ee1507d535a1924a3fab105a6daca0143ca56d9791d385d7b
Enrichment generated: 2026-10-03T11:34:53.025030+00:00
Program: 7(a); Amount column: GrossApproval