How much money do Mathnasium franchise owners make?

How does the salary as an Owner at Mathnasium compare with the base salary range for this job? The average salary for an Owner is $75,970 per year in United States, which is 78\% higher than the average Mathnasium salary of $42,515 per year for this job.

How much can you make from 1 franchise?

If you Google the national average income for a franchise owner in the United States, you’ll find answers ranging anywhere from $50,000 to $200,000+ per year.

How much does it cost to start a Mathnasium?

Take a look at the investment numbers involved.

Total Estimated Investment*	$112,750 – $149,110
Initial Franchise Fee*	$49,000
Expenses While Training	$3,500 – $4,000
Base Royalty Fee	$0 – $500 per month
Technology Fee	$0 – $110 per month

How much can Kumon franchise make?

Estimated Average Franchise Revenue: $519,000 1- Based on a midpoint investment of $102,174 with estimated profits of $51,943 (10\% profit margin) it would take about 3 years to recoup your initial Kumon franchise investment.

How much does cookout franchise make a year?

Average Sales / Revenue per Year Cook Out has annual revenue of $66.2 million based on their Tuscaloosa, Alabama branch.

Are tutoring franchises profitable?

With low overhead and initial investment fees, the typical education franchise is a profitable investment. The online tutoring market for K-12 students worldwide is expected to grow by 12.75\% through 2021.

How much does it cost to buy a Mathnasium franchise?

To buy a franchise with Mathnasium, you’ll need to have at least $112,750 in liquid capital and a minimum net worth of $149,110. Franchisees can expect to make a total investment of $112,750 – $149,110. Mathnasium charges a franchise fee of $49,000. They also offer financing via 3rd party.

Why Mathnasium ™?

Mathnasium gives students the solid math foundation they will build upon forever. We do this through the Mathnasium Method ™, a highly individualized approach with a proven curriculum, honed over decades of experience.

How many times a week do children attend Mathnasium?

Children typically attend Mathnasium centers two or more times per week for approximately 60 minutes. Our experienced math tutors utilize our proprietary teaching materials and techniques, The Mathnasium Method™, to deliver a customized learning plan designed to address each student’s needs.

What makes a successful franchise?

…our franchise combines all of the factors experts agree are critical to maximize your probability of success: Exceptional market Demand with a superior Product to respond to that demand. The right People to teach you the business and Support your efforts. A proven track record of Success. Reasonable startup Investment requirements.