Mathnasium Learning Centers vs Kids 'R' Kids Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Mathnasium Learning Centers vs Kids 'R' Kids including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$112,750 - $149,110 | $4,401,000 - $5,701,000 |
Franchise Fee |
$49,000 | $115,000 |
Royalty Fee |
10%+ | 6% |
Advertising Fee |
2%+ | 1% |
Year Founded |
2002 | 1985 |
Year Franchised |
2003 | 1988 |
Term Of Agreement |
3 years | 25 years + 10 |
Term Of Agreement |
3 years | 25 years + 10 |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
General business experience Marketing skills Must enjoy math & teaching children | Interested candidates should have a minimum net worth of $750,000 and liquid assets of at least $300,000 |
Financing Options |
|
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 |
Training |
- | Kids 'R' Kids Learning Academy's Operations and Support Team provides ongoing support for its franchisees and their businesses. Each franchised location has an assigned Operations Consultant to work directly with the franchise owner and act as the primary contact to assist with his or her needs.
Thorough Training:
Phase I - Business start-up training held at Support Center in Duluth, Georgia
Phase II - Day-to-day Operations Training Class
Phase III - Key Personnel training- Held on-site prior to opening
|
Support |
Meetings, Toll-free phone line, Internet, Field operations/evaluations | The Operations & Support team is committed to providing support within the following departments:
marketing, curriculum and instruction, administration, as well as state and federal government relations.
|
Marketing |
Ad slicks |
-Initial marketing plan
-Pre-opening through Grand opening
-Local marketing plan to acquire and retain customers
-Social Media and Digital marketing program
-Website
-Customized local content
-Public Relations
-Brand and Local PR
|
Operations |
Number of employees needed to run franchised unit: 1
Absentee ownership of franchise is NOT allowed. | - |
Expansion Plans |
US Expansion |
Yes | 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 Kids 'R' Kids
Headquartered in the North Atlanta suburb of Duluth, Ga., Kids 'R' Kids Learning Academies provide a secure, nurturing, and educational environment for children (ages six weeks - 12 years) to bloom into responsible, considerate, and contributing members of society. With nearly 160 learning academies in 16 states, Kids 'R' Kids International is a family-owned and operated organization that ranks in the top three nationwide for franchised early childhood education centers. :
Expansion Plans
In 2016, Kids 'R' Kids Learning Academies is on track to open new schools in Tampa and Orlando, Fla.; Buford, Ga.; Carry, Ill.; Princeton and Montville, N.J., as well as Fort Worth and Dallas, Texas. To drive additional franchise development, the company is seeking qualified franchisees to open 15 to 20 schools in cities, including Atlanta, Dallas, Houston, Denver, Orlando, and Las Vegas; as well as communities in New Jersey, Virginia and the Capital Region of Maryland. For international development, the company is targeting select markets across South America, United Arab Emirates, Australia, Colombia and India.
Veteran Incentives 10% off franchise fee
#109 in Franchise 500 for 2020.
#243 in Franchise 500 for 2021.