Mathnasium Learning Centers vs Tutoring Club Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Mathnasium Learning Centers vs Tutoring Club including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$112,750 - $149,110 | $66,500 - $119,900 |
Franchise Fee |
$49,000 | $34,500 |
Royalty Fee |
10%+ | 10% |
Advertising Fee |
2%+ | - |
Year Founded |
2002 | 1991 |
Year Franchised |
2003 | 1999 |
Term Of Agreement |
3 years | 20 years |
Term Of Agreement |
3 years | 20 years |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
General business experience Marketing skills Must enjoy math & teaching children | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/Yes | No/Yes |
Start-up Costs |
No/Yes | No/Yes |
Equipment |
No/No | No/Yes |
Inventory |
No/No | No/Yes |
Receivables |
No/No | No/Yes |
Payroll |
No/No | No/Yes |
Training & Support |
Training |
- | Comprehensive training for 2 people at Tutoring Club Headquarters. |
Support |
Meetings, Toll-free phone line, Internet, Field operations/evaluations | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
Marketing |
Ad slicks | Co-op advertising, Ad slicks, National media, Regional advertising |
Operations |
Number of employees needed to run franchised unit: 1
Absentee ownership of franchise is NOT allowed. |
50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2
Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
US Expansion |
Yes | - |
Canada Expansion |
No | No |
International Expansion |
Yes | Yes |
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
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 Tutoring Club
Founded by Lawrance H. Schwartz in 1991, Tutoring Club offers students instruction in basic subjects, like reading, math, writing and study skills. This Discovery Bay, California-based company is dedicated to helping children, of elementary to high-school age, succeed in school. The company also offers SAT preparation courses and tutoring.
Benefits of ownership:
*Scalability to grow your Tutoring Club franchise at your own pace
*TutorAid software which manages all student academics
*Complete accounting program developed specifically to manage your franchise finances
*No accounts receivable
*No inventory to spoil
*Perform a service for children and the community
*Strong training and ongoing support from a franchisor that is interested in your success
*National consumer marketing campaign
*Protected Territory
If you are ready for a rewarding change, take the next step and contact us today!
Honorably Discharged Veterans: 15% franchise fee discount on first location.