Mathnasium Learning Centers vs Odyssey Art Centers Franchise Comparison

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

Start-Up Costs and Fees
 
Mathnasium Learning Centers Franchise
Odyssey Art Centers Franchise
Investment $112,750 - $149,110$28,700 - $56,200
Franchise Fee $49,000$24,000
Royalty Fee 10%+6%
Advertising Fee 2%+-
Year Founded 20021974
Year Franchised 20031995
Term Of Agreement 3 years10 years
Term Of Agreement 3 years10 years
Renewal Fee --


Business Experience Requirements
 
Mathnasium Learning Centers Franchise
Odyssey Art Centers Franchise
Experience
  • General business experience
  • Marketing skills
  • Must enjoy math & teaching children
    		• -

    Financing Options
     
    Mathnasium Learning Centers Franchise
    Odyssey Art Centers Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/No
    Start-up Costs No/YesNo/No
    Equipment No/NoNo/No
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    Mathnasium Learning Centers Franchise
    Odyssey Art Centers Franchise
    Training --
    Support Meetings, Toll-free phone line, Internet, Field operations/evaluationsNewsletter, Meetings, Grand opening, Internet, Purchasing cooperatives
    Marketing Ad slicks-
    Operations

    Number of employees needed to run franchised unit: 1

    Absentee ownership of franchise is NOT allowed.

    		 Franchise can be run from home.

    0% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 1

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    Expansion Plans
     
    Mathnasium Learning Centers Franchise
    Odyssey Art Centers Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion YesNo

    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 Odyssey Art Centers

    The first Odyssey Art Center was founded in 1974 by Linda Perlmutter. After quitting her job as a teacher to stay home with her newborn son, Perlmutter started teaching small groups of children in the basement studio of her home. Today, her art education franchise combines history, poetry, literature, science, music, math and current events with art.