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Updated RecentlyMathnasium Learning Centers vs LearningRx Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Mathnasium Learning Centers vs LearningRx including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $112,750 - $149,110 | $90,000 - $149,000 |
| Franchise Fee | $49,000 | $25,000 |
| Royalty Fee | 10%+ | 7% -8% |
| Advertising Fee | 2%+ | 3% |
| Year Founded | 2002 | 1986 |
| Year Franchised | 2003 | 2003 |
| Term Of Agreement | 3 years | 10 years |
| Term Of Agreement | 3 years | 10 years |
| Renewal Fee | - | $5K |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | No/No |
| Start-up Costs | No/Yes | No/No |
| Equipment | No/No | No/No |
| Inventory | No/No | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | - | As a brain training company, we value initial and ongoing training very highly. Our training includes a 2-day job shadowing with one of our franchisees prior to our 10-day training in Colorado Springs, CO. The 10-day franchise training covers our over 200 proprietary training procedures, marketing, public relations, business operations, networking, testing, administration, hiring, and much more. Our brain trainers are trained on-site by the franchisee, using over 40 hours of online material as well as 20-30 hours of in-person training and observation. We also offer ongoing training and support via our Helpdesk (phone and email support) and quarterly calls with our support team. |
| Support | Meetings, Toll-free phone line, Internet, Field operations/evaluations | We know that the success of our franchisees is our success. Valuable support is a top priority for us, and we strive to help our franchisees however possible. Our support team is led by a former franchisee and LearningRx parent, who understands the day-to- day running of a center firsthand. We also have a marketing and business coach, who will help our first-year franchisees create and implement their 12-month business plan and offer ongoing support of business operations. The support team also runs the helpdesk, which is available by phone and email and boasts a very fast turnaround. We provide a franchise operations system designed to support all of your business needs from site selection and build out to launch marketing and sales prospecting. We are continually introducing new Brain Balance programs, products and services to increase your sales opportunities. Through national media exposure, training and consulting by program creator and co-founder, Dr. Robert Melillo renowned researcher, lecturer and author of several best sellers including, Disconnected Kids, Reconnected Kids and his latest book, Autism |
| Marketing | Ad slicks | We offer new materials on a regular basis across multiple platforms: social media, print, TV, radio, PPC, SEO, etc. You can also join a voluntary marketing co-op where applicable. *National PR exposure *Exposure Across the Digital Landscape *Web-based Requisition System for Customized Marketing Materials *Local Marketing Guidance |
| Operations |
Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. | 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 3 Absentee ownership of franchise is allowed. (67% of current franchisees are owner/operators) |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | Yes |
| International Expansion | Yes | No |
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
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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 LearningRx
In the 1980's, brothers Dr. Ken Gibson and Dr. Keith Gibson--
a specialist in visual processing and a clinical psychologist,
respectively-- sought a way to help people with learning difficulties to
learn more quickly and easily. They developed a series of short,
intense training exercises to improve concentration and recall
abilities. Once this method proved successful in trials, they continued
to test and enhance the program with input from other specialists in
education, medicine and psychology, in order to help students with
attention problems, dyxlexia, memory problems and other learning
disabilities to improve their cognitive skills.
Dr. Ken Gibson began franchising under the name LearningRx in 2003, and
is currently the company's CEO.
Veteran Incentives 10% off franchise fee
Veteran Incentives 10% off franchise fee
2016 #1 Educational Franchise by FranchiseRankings.com!
Part of the Entrepreneur Franchise 500® 7 years in a row!