The vendor opportunity at Mathnasium Center Licensing
Mathnasium Center Licensing runs 972 education centers — 968 franchised and 4 company-owned — per its 2024 FDD, with franchised outlets up 1.788% year over year, inside the Mathnasium Holdings structure. The operator base is entirely single-unit: 915 mapped operators run roughly 915 centers, concentrated in California (171), Texas (93), Florida (62), Illinois (45) and Virginia (42).
Who controls software purchasing
The FDD names Chief Technology Officer Jason Condello alongside CEO Tyler Sgro, Chief Development Officer Kevin Shen, Chief Marketing Officer Michael Stanfield and SVP of Franchise Operations Kristin Goedke — a headquarters-level buying center for the centralized technology every center must run.
Tech named in the FDD, and what is actually required
Item 11 requires every center to use the Mathnasium centralized computer system, currently called Radius, including its point-of-sale functions, and to use all required functionality of that system along with any hardware and software the franchisor specifies.
Procurement, renewals, and timing
Item 8 requires approved suppliers or the franchisor's specifications for certain items, including furniture, surveillance equipment, student supplies and insurance, and proprietary Math Dictionaries, chess sets and Mathnasium Playing Cards, if purchased, must come from the franchisor or a supplier it designates; required purchases run 30% to 40% of initial investment and 20% to 40% of ongoing monthly expenses. On a 10.0% royalty and 5-year initial term, Item 17 lets franchisees in good standing renew for additional 5-year terms.
How to read the Mathnasium Center Licensing FDD
The embedded PDF viewer below holds the complete 2024 Franchise Disclosure Document for Mathnasium Center Licensing.
Talk to FranCloud for a ranked list of education franchise systems with centralized technology mandates like Radius.