Listing ID: 15770 Last Refreshed: 24/05/2019 Total Views: 1241
Mathnasium is one of the fastest growing businesses in franchising with more than 1,000 locations around the world. We will be awarding only one license for Master Franchisor rights for the country of South Africa/ South Korea.
Start-up fees and working capital needed to manage South Africa/ South Korea total approximately $700,000 USD. We estimate that South Africa / Korea will accommodate a minimum of 40-60 locations for South Africa and minimum of 150-200 locations for South Korea. South Africa/ South Korea’s Mathnasium Master Franchisor will collect an initial fee on each franchise sold and collect ongoing royalties on each franchise. They will provide their franchisees with training and support using our substantial existing systems and infrastructure.
We're offering a truly unique opportunity: exclusive country-wide franchise rights to one of the most successful franchises of our time. We are looking for one driven, passionate entrepreneur to seize the power of our expanding brand and transform the lives of thousands of South Africa/ Korea children. We will grant just one license, could it be yours?
VERSION IN BULLET-FORM
· Mathnasium is one of the world’s fastest growing franchises and the leading math tutoring business for children with 1,000 locations and growing.
Own the country-wide license to be the exclusive Master Franchisor in South Africa/ Korea for Mathnasium.
Master Franchisor will collect an initial fee on each franchise sold and collect ongoing royalties on each franchise.
There is an estimated market potential for a minimum of 40-60 Mathnasium Centers in South Africa.
There is an estimated market potential for a minimum of 150-200 Mathnasium Centers in South Korea.
Start-up fees and working capital needed to manage South Africa / Sout Korea total approximately $700,000 USD.
Extensive training and business development support is provided at start-up and throughout the lifetime of your Mathnasium franchise relationship.
Best of all, our partner will deliver math education to transform the lives of tens of thousands of South African / South Korean children for the better.
INVESTOR PROFILE : We are specifically interested in investors who have the skill and entrepreneurial acumen to grow a strongly-branded business from the ground up. With extensive support from Headquarters, but also with significant freedom for the right partner to inject their personal innovation and brilliance into the project. Our process for on-boarding and training new franchise developers has been carefully honed and perfected over 15+ years. So while it does involve significant commitment and involvement, every single step of that journey will be supported and encouraged by our many specialized franchise development team members.
We’ll teach you the process of selling franchises and show you how to support them. We’ll begin by showing you how to operate a Mathnasium Learning Center yourself. You’ll learn how to use our suite of tools to build your business. We cover marketing, lead generation, education, customer relationship management, as well as our proprietary curriculum, the Mathnasium Method™.
From business consultation to annual conventions, you’ll have all the support you need to run and grow your business. Our centralized support team is readily available to support your marketing and business development needs.
WHY DOES IT WORK:
The demand for after-school math education is at an all-time high, but the competition is not getting results.
Why do their methods so often fail? Because unlike Mathnasium, they are not teaching children the long-term solution of "understanding" math. Often, they are pushing a short-term fix through repetition, memorization or cramming. Our rapid growth in the market has been due to offering a learning solution that simply works.
Parents repeatedly tell us: "We've tried private tutors, online and other schools but nothing actually worked...until Mathnasium".
Much of our growth has come from word-of-mouth, as news gets out that there's actually a learning solution that really works.
We're humbled by the amount of recognition and appreciation we receive.
Franchise Business Review's 2018 survey sees us scoring into the 90th percentile for franchisee satisfaction . Forbes and Entrepreneur continue to rank us in the top 10% alongside the world's most dominant franchise brands.
Our customer satisfaction and retention is unprecedented. Plus, we've got highly experienced business development, educational and marketing support within our team-- borne out by double-digit profit growth year on year for the past 8 years.
Our Founders and Team Members include prominent academics and business-leaders in the industry, whose innovation and passion keep us at the leading edge of math education.
Demand for after-school math tutoring is at an all-time high. Globally, the private tutoring market is projected to exceed $100 billion by 2022. Mathnasium is growing fast to meet that demand, with over 1000 locations worldwide.
We are proud to be ranked in the top 10% of Entrepreneur Magazine’s 2019 Franchise 500 and #3 on Forbes 2018 Best Franchises to Buy list.
Financial Requirements (Total investment range, Net worth required, Startup costs, fees etc.)
• Initial Franchise Fee - range $100K - $500K USD
• Ongoing Royalty 13%
• Approximately 40% of Sub Franchise Fees & Royalties
LOS ANGELES (March, 2019) – Mathnasium , North America’s leading math-only supplemental education franchise, has earned the top spot in Franchise Gator’s “ Top 100 Franchises of 2019 ” list. ...
“Due to the success of [my first] Center I went on to open another 3 locations within 4 years, and became one of the top 8% owners in the country. Mathnasium offers a phenomenal math curriculum, business model and support system to enable success and provide a highly satisfying career.”Aileen Clarkson, Multi-Site Owner
“All over the world, the demand for expertise in mathematics is growing. Effective mathematics tutoring is difficult to find at an affordable price. The Mathnasium teaching method, curriculum and business model are meeting these needs, and I am excited to be a part of it.”Steve Ross, Owner and Center Director
“The opportunity Mathnasium has provided me has been wonderful. I have touched the lives of 1,200 students so far in my community, giving them confidence not only in mathematics, but also in themselves. I have become a well-known and trusted member of my community, and I find great enjoyment interacting with parents as well as students.”John Opalko, Owner and Center Director