Mathnasium Learning Centers vs TutorBright Franchise Comparison

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

Start-Up Costs and Fees
 
Mathnasium Learning Centers Franchise
TutorBright Franchise
Investment $112,750 - $149,110$30,000 - $47,500
Franchise Fee $49,000$25,000 - $40,000
Royalty Fee 10%+7%
Advertising Fee 2%+2%
Year Founded 2002-
Year Franchised 2003-
Term Of Agreement 3 years-
Term Of Agreement 3 years-
Renewal Fee --


Business Experience Requirements
 
Mathnasium Learning Centers Franchise
TutorBright Franchise
Experience
  • General business experience
  • Marketing skills
  • Must enjoy math & teaching children
    		• We are looking for people who are interested in bettering the lives of children and adding value to their community. Individuals who want to be part of a feel-good business and have the drive to make it successful are great candidates for the TutorBright franchise system.

    Financing Options
     
    Mathnasium Learning Centers Franchise
    TutorBright Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/No-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Mathnasium Learning Centers Franchise
    TutorBright Franchise
    Training -Training takes place at our corporate headquarters in Toronto, Canada. The training sessions will provide you with in-depth knowledge on how to market TutorBright. Not only will we show you how to create your marketing plan, but we will also teach you how to present TutorBright to parents. Additionally, we will provide you with ongoing training through conference calls, seminars, and internet forums. Our goal is to make you a successful franchisee. That is why our training is comprehensive and ongoing.
    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
     
    Mathnasium Learning Centers Franchise
    TutorBright Franchise
    US Expansion Yes-
    Canada Expansion NoYes
    International Expansion 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

    ""     "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 TutorBright

    TutorBright is the most innovative tutoring service available. Here's how it works: Step 1: Each new student goes through a diagnostic assessment that pinpoints his or her specific academic strengths and weaknesses. Step 2: The student is then given an academic program tailored to his or her specific needs based on the results of the assessment. Step 3: A tutor works through the program with the student in the comfort of their home, helping them overcome their academic skill gaps. Because of our individualized approach, we have helped students reach academic heights they never thought were possible. The gratitude we receive from both parents and students make this a very rewarding experience! How will we help you succeed?TutorBright provides all franchisees with in-depth training and a simple step-by-step formula that works. With over 15 years of experience, we understand this industry very well and are ready to teach you what we know. No previous experience is necessary. We show you how to: *Gain long term clients *Attract corporate partners *Select qualified tutors *Manage the Tutor Bright franchise. At Tutor Bright, we will provide you with the advice and guidance necessary to help make you a successful franchisee. Your success is our success, and together we can raise the grades, confidence and self-esteem of our students.