Mathnasium Learning Centers vs The Mad Science Group Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Mathnasium Learning Centers vs The Mad Science Group including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Mathnasium Learning Centers Franchise
The Mad Science Group Franchise
Investment $112,750 - $149,110$74,050 - $110,459
Franchise Fee $49,000$25,000
Royalty Fee 10%+8%
Advertising Fee 2%+-
Year Founded 20021985
Year Franchised 20031995
Term Of Agreement 3 years25 years
Term Of Agreement 3 years25 years
Renewal Fee --


Business Experience Requirements
 
Mathnasium Learning Centers Franchise
The Mad Science Group Franchise
Experience
  • General business experience
  • Marketing skills
  • Must enjoy math & teaching children

  • Industry experience
  • General business experience
  • Marketing skills
    		•

    Financing Options
     
    Mathnasium Learning Centers Franchise
    The Mad Science Group Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/Yes
    Start-up Costs No/YesNo/Yes
    Equipment No/NoNo/Yes
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    Mathnasium Learning Centers Franchise
    The Mad Science Group Franchise
    Training --
    Support Meetings, Toll-free phone line, Internet, Field operations/evaluationsNewsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations
    Marketing Ad slicksCo-op advertising, Regional advertising
    Operations

    Number of employees needed to run franchised unit: 1

    Absentee ownership of franchise is NOT allowed.

    		 Franchise can be run from home.

    5% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 3 - 30

    Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators)

    Expansion Plans
     
    Mathnasium Learning Centers Franchise
    The Mad Science Group Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion YesYes

    Company Overviews

    About Mathnasium Learning Centers

    Mathnasium Learning Center's franchise opportunity is an excellent blend of owning a business while making a positive impact on children. There is a growing demand for quality math instruction. Kids across the country struggle in math every day. Mathnasium presents a special opportunity for entrepreneurs to invest in themselves while enjoying the ability to motivate and inspire others. Help children discover how much fun math can be as they catch up, maintain and get ahead in their education. Mathnasium is a specialized math-only learning center franchise with learning centers in 16 countries, beyond the U.S. and Canada. Consider joining one of the largest and fastest growing U.S. franchises by contacting us today to learn about franchise opportunities and how you can open your own Mathnasium.

    The total investment necessary to begin operation of your first Mathnasium franchise ranges from $112,750 to $149, 110 . This includes $49,000 that must be paid to  Mathnasium or its affiliate. The total investment necessary to begin operation of a second or subsequent franchise ranges from $90,860 to $126,610. This includes $26,500 for each additional franchise that must be paid to Mathnasium or its affiliate.

    Veteran Incentives  25% off franchise fee

    ""     "Top   ""  "Entrepreneur
    In Franchise Business Reviews' Top 200.
    #1 in Franchise Gator's Top 100 franchises.
    #29 in Franchise 500 for 2020.
    #31 in Franchise 500 for 2021.









    About The Mad Science Group

    As children, brothers Ariel and Ron Shlien loved to create crazy science experiments. As adults, they realized that kids like fun, cool science. So in 1985 they started Mad Science by hosting 'edu-taining' birthday parties featuring scienctific demonstrations.

    Franchising began in 1995, with initial franchises in Florida and Toronto, and now has franchises worldwide offering educational demonstrations to preschools, in-class and afterschool programs, community centers and scout programs. The company also provides entertainment for birthday parties, special events, camps and more.