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Updated RecentlyMathnasium Learning Centers vs Whizard Academy for Mathematics & English Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Mathnasium Learning Centers vs Whizard Academy for Mathematics & English 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 | $125,800 - $177,300 |
| Franchise Fee | $49,000 | $38,000 |
| Royalty Fee | 10%+ | 10% |
| Advertising Fee | 2%+ | - |
| Year Founded | 2002 | 1993 |
| Year Franchised | 2003 | 1993 |
| Term Of Agreement | 3 years | - |
| Term Of Agreement | 3 years | - |
| Renewal Fee | - | $75K/$10K |
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 | - |
| Marketing | Ad slicks | - |
| Operations |
Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. | - |
Expansion Plans |
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| US Expansion | 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 Whizard Academy for Mathematics & English
We're a US company founded on the successful model of our affiliate Canadian company Academy for Mathematics & Science which utilizes an international product which has assisted thousands of students (just like yours) to develop their Mathematical, English and Science skills.