The cost to invest in a Mathnasium franchise delivers a great balance between investment and opportunity. Becoming your own boss, improving the lives of children and getting paid to do it – that’s a pretty amazing reality.
Take a look at the investment numbers involved.
As with any new business, start up costs include setting up a location, marketing, and other one-time expenses. Depending on your geographical area, we estimate upfront initial investment to be AED 521,950 to AED 734,500. This range includes the estimated expenses associated with setting up your center and operating for the first four months.
| Total | AED 521,950 - AED 734,500 |
|---|---|
| Initial Franchise Fee | AED 180,000 |
| Expenses While Training | AED 9,200 - AED 20,000 |
| Rent for 1 year (and Security Deposit, if required) | AED 110,550 - AED 138,000 |
| Paint, Carpet and Tenant Improvements | AED 55,000 - AED 105,000 |
| Furniture, Signs, Equipment | AED 20,000 - AED 40,000 |
| Insurance | AED 7,000 - AED 13,000 |
| Business License, Name Registration | AED 15,000 - AED 28,000 |
| Professional Services (Legal and/or Accounting) | AED 7,000 - AED 12,000 |
| Phone and Utilities | AED 3,000 - AED 5,500 |
| Video Surveillance and Related Equipment | AED 5,500 - AED 15,000 |
| Early Stage Advertising | AED 36,000 - AED 50,000 |
| Additional Funds (4 months) | AED 73,700 - AED 128,000 |
| Royalty | 15% of Gross Sales |
| Technical Fee | AED 349 |
When making the decision to become a Mathnasium franchisee, keep in mind that you are not only investing financially in a math franchise. Even more importantly you are investing the equity in yourself. What is that equity? It is your compassion, enthusiasm and your commitment to follow our systems – acting on every opportunity to make your education franchise better. In turn, we are investing in you. Working together is the equation for success.
