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Updated RecentlyMathnasium Learning Centers vs Reading Friends Franchise Company Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Mathnasium Learning Centers vs Reading Friends Franchise Company 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 | $110,950 - $297,500 |
| Franchise Fee | $49,000 | $35,000 |
| Royalty Fee | 10%+ | 5.5% |
| Advertising Fee | 2%+ | - |
| Year Founded | 2002 | 1980 |
| Year Franchised | 2003 | 2002 |
| Term Of Agreement | 3 years | 10 years |
| Term Of Agreement | 3 years | 10 years |
| Renewal Fee | - | - |
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 | - | - |
| Support | Meetings, Toll-free phone line, Internet, Field operations/evaluations | Grand opening, Field operations/evaluations |
| Marketing | Ad slicks | Co-op advertising, Ad slicks |
| Operations |
Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. |
100% of all franchisees own more than one unit Number of employees needed to run franchised unit: 9 Absentee ownership of franchise is allowed. |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | No |
| 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 Reading Friends Franchise Company
Ours started as a story of overcoming. Owner and founder, Nancy
Spencer, was the first person in the city of Fort Worth to be diagnosed
with dyslexia after many years of struggling in school. With the proper
training, she was able to thrive academically and gained a passion for
children and the way that they learn. With the help of Dr. Luke Waites,
Gladys Kolenovsky and a team from Scottish Rite Hospital in Dallas, TX,
Nancy wrote a full curriculum and started Reading Friends preschool in
1980. The school is now run by her two daughters, Audrey Fowler and
Nancy Pack. There are two additional locations. One located in Keller,
run by Marsha Wesley. One located in Aledo, run by Diane Taylor.
The Reading Friends Difference
Reading Friends has the right curriculum, the right commitment, and is the right place. Let us focus on your child.
The Reading Friends preschool is dedicated to providing the young child a foundation for educational excellence.
The secret to a well-rounded child is a well-rounded approach to teaching
Curriculum
We employ Multi-sensory teaching techniques involving the total child.
Our Phonics Advantage curriculum is a language-based program that is the heart of our proprietary curricula.
Children receive structured academic experiences that produce a firm foundation in reading, math, social studies, and science.
Social
The Reading Friends program is designed to provide successful opportunities for all students. Children have daily outside free play and snack where they experiment with social interaction and cooperation.