Mathnasium Learning Centers vs Athena Learning Centers Franchise Comparison

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

Start-Up Costs and Fees
 
Mathnasium Learning Centers Franchise
Athena Learning Centers Franchise
Investment $112,750 - $149,110$35,000 - $160,000
Franchise Fee $49,000$2,500 - $30,000
Royalty Fee 10%+7%
Advertising Fee 2%+2% Nat'l $500/Mo Local
Year Founded 20022011
Year Franchised 20032011
Term Of Agreement 3 years-
Term Of Agreement 3 years-
Renewal Fee --


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

    • We are glad you have chosen to investigate Athena as a potential opportunity and we look forward to speaking to you, answering your questions, and developing a successful business relationship. We are currently looking for both single and multi-unit franchisees to open our Learning Centers. Franchisee candidates must meet certain qualifications to be considered for both single-unit and multi-unit franchise opportunities. In order to qualify for a single location, you will need a minimum net worth of $150,000 and liquid assets of $50,000. A good credit record / credit history is also required, evidenced by prompt payment of all financial obligations. Multi-unit candidates will be pre-qualified on an individual basis. Total Estimated Investment Range $66,000 to $146,000 The Initial Franchise Fee is $25,000. Franchisees pay royalties of 7% of gross sales, an advertising marketing fee of 2% of gross sales, and must purchase local advertising of at least $500 per month. Franchise candidates will be evaluated based on business abilities and experience, personal drive for success and financial strength. Athena Learning Center franchises are available for ambitious and entrepreneurial individuals willing to assume the risks - and eager to reap the rewards - of owning their own business.

    Financing Options
     
    Mathnasium Learning Centers Franchise
    Athena Learning Centers 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
    Athena Learning Centers Franchise
    Training -

    Staff Training On-Site and at Athena University On-going owner/center director support training
    Support Meetings, Toll-free phone line, Internet, Field operations/evaluationsYou can expect support in the following areas: Athena Total Solutions� Products and Services: Math, Literacy, and Science Curriculum powered by Pearson Education In-Center and On line SAT/ACT Prep Courses by The Princeton Review� Diagnostic in-center assessment On line homework help powered by Virtual Nerd Student Progress Tracking System Athena Center Management System, powered by Athena on Demand Automated Center Check-in System for Students Automatic Monthly Billing System Recommended Reading List with Books available for purchase in Center or online through the Athena Store Franchisee Support and Benefits: Athena Brand Recognition; proprietary marketing/advertising strategy plan Franchisee Intranet Communications and Marketing Portal Powered by Athena on Demand Athena Branded National/Local Website for all Athena Locations Owner Hotline via our Toll Free Number Staff Training On-Site and at Athena University Real Estate Location Services; demographic profiles, real estate lease support Turn-Key Interior Design/Build-Out services by industry leading architects/contractors/suppliers Camera Software/Hardware for off-site monitoring of your learning center in real-time Direct Local Marketing Solutions On-going owner/center director support and training Area of protected territory Develop a specified area through multi-unit ownership if you qualify No owner/Operator requirement
    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
    Athena Learning Centers Franchise
    US Expansion YesYes
    Canada Expansion No-
    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 Athena Learning Centers

    Athena Learning Centers is a community of year-round Learning Centers where children go to improve their math and reading skills. Each franchised Athena Learning Center offers the Athena Total Solutions package of powerful solutions to help all students meet high standards and prepare them for college and the 21st century workplace. Athena Learning Centers partnered with Pearson Education, the leader in education services. Through the partnership, Athena Learning Centers selected the programs that are aligned with Common Core State Standards (CCSS) to use in each of its franchised locations nationwide. As the leading education services company, Pearson is serious about evolving how the world learns. They apply their deep education experience and research, invest in innovative technologies, and promote collaboration throughout the education ecosystem. For decades, Pearson Education has had a direct impact on the educational success of millions of students across the country. As one of the pioneers of the American standards movement, Pearson Education has contributed to the development of the Common Core State Standards. At Athena Learning Centers, there is alignment between what your child will learn at the Center and what they are expected to learn at school.Athena Learning Centers also partnered with The Princeton Review to offer the best preparation for high stakes tests for your child in PSAT, SAT, SAT subject tests, and AP subject tests. For over 30 years, The Princeton Review's methods and techniques have remained the gold standard in the test prep industry. In addition to personalized instruction in our Learning Centers, Athena also offers online learning solutions for students powered by Virtual Nerd. Virtual Nerd uses their patent-pending Dynamic Whiteboard online instructional platform to help students learn. Virtual Nerd currently offers hundreds of tutorials in Middle Grades Math, Pre-Algebra, Algebra 1, Algebra 2, Geometry, and Intro Physics. Virtual Nerd is best in class when it comes to online tutoring. In addition, ABC Music & Me is now offered at Athena Learning Centers! Created by Kindermusik International, ABC Music & Me is an award-winning music enrichment program for 2 to 6 year olds, designed for early childhood learning centers. Parents are thrilled to have the opportunity to bring the quality of Kindermusik offerings into their children's lives through ABC Music & Me, the premiere enrichment program to promote early childhood skills development and school-readiness.
     
    The Athena Advantage℠
     

    The Athena Advantage℠ encompasses an entire tool box available to students to help them succeed academically, prepare for high stakes exams, and give them the necessary critical thinking skills for the 21st century workplace. Athena’s best-in-class curricula offerings include math, reading, and writing as well as SAT®/ACT® test preparation. These curricula offerings align to new and more rigorous standards, both in Common Core and non-Common Core states.

    At Athena, we will provide your child with a thorough educational assessment and develop a learning plan aligned to meet the standards of your child’s grade, both in Common Core and non-Common Core states. We’ve developed the Athena API-or Assessment for Personalized Instruction. Our assessments are research based, time-tested, and administered with experienced educational staff. Most of the time, certified teachers will tutor your child twice per week for about 60 to 90 minutes of instruction per visit. We work with students individually or in small peer groups. We generally recommend focusing on one subject at a time but will accommodate two subject students by parent request.

    Veteran Incentives   10% off franchise fee