How Much Does a Mathnasium Learning Centers Franchise Owner Make?

Item 19 directly reports Operating Profit, so the evidence is stronger than a revenue-only estimate. For calendar 2025, the 914 covered franchised centers produced median reported Gross Receipts of $326,428 and median Operating Profit of $111,630. The corresponding averages were $384,874 and $117,000.

Mathnasium defines Operating Profit as reported Gross Receipts minus the disclosed variable expenses, fixed expenses, and Royalties & Marketing Fees. The reported expense bridge reconciles exactly at both the average and median levels.

Source: 2026 Mathnasium Franchise Disclosure Document, Item 19, printed pp. 53–57. Results were compiled from franchisee reports and were not audited by Mathnasium Franchisor LLC, Mathnasium Center Licensing, LLC, or the submitting franchisees.

A defensible planning band is approximately $85,743 to $145,510 per mature center, rounded to $86,000–$146,000. The base is the official $111,630 median Operating Profit. The conservative and upside cases use the FDD's inner-quartile median Gross Receipts and a transparent margin sensitivity around the official 34.2% median margin.

• Revenue anchors: the conservative and upside cases use the FDD's mid-lower and mid-upper quartile median Gross Receipts, not the extreme low and high observations.
• Margin sensitivity: the endpoints apply minus or plus 3 percentage points to the official 34.2% median Operating Profit margin. That spread is editorial, not FDD-reported.
• Owner role: the range is labeled owner-operator benefit because the disclosed Operating Profit does not include owner salary or draw and does not include a separate Center Director compensation line.
• Exclusions: personal income taxes, financing principal, and any owner-level costs not captured in the reported unit P&L remain outside the range.

Owner involvement can change the economic result by roughly the cost of a qualified Center Director. Item 15 requires the franchisee, or one owner, to participate personally and devote sufficient time and effort; the franchisee must act as or employ a Center Director. This is therefore not a passive-income model.

Item 19's Instructor Payroll excludes owner salary or draw and excludes management salaries, bonuses, and benefits. Because no separate management-pay line appears in the expense bridge, a manager-run owner must deduct that compensation from Operating Profit. For a transparent wage-only proxy, May 2023 BLS data report a $79,300 annual mean wage for Education Administrators, All Other in Other Schools and Instruction.

The official management overview says most centers are open six to seven hours per day, but shorter center hours do not remove the FDD's active-owner and Center Director requirements.

The Item 19 Operating Profit already deducts the reported Royalties & Marketing Fees, so those charges must not be subtracted a second time. The median covered center reported $64,077 in this category, equal to 19.6% of median Gross Receipts.

Item 6 lists a monthly royalty initially equal to 10% of monthly Gross Receipts, a $650 monthly base royalty, a monthly marketing fee of $250 plus 2% of Gross Receipts, a minimum $1,000 monthly digital and local marketing requirement, and a $266 monthly technology license fee per center. From the 24th month, the monthly royalty is generally the greater of 10% of Gross Receipts or $1,500. The official cost and fee overview also summarizes the percentage royalty and marketing structure; the current FDD controls where wording differs.

Gross Receipts

Revenue from approved center operations, after specified tax, refund, coupon, and promotional-discount exclusions. It is not owner income.

Operating Profit

Gross Receipts less the FDD's reported variable expenses, fixed expenses, and Royalties & Marketing Fees.

Owner-operator benefit

Operating Profit retained by an active owner before personal tax and financing principal, including the value of management labor performed by that owner.

Manager-run residual

Operating Profit after supported Center Director compensation and related employer costs, but before personal tax and financing principal.

After-tax take-home pay

Not estimated here because entity structure, jurisdiction, deductions, financing, and owner circumstances differ.

Source: 2026 Mathnasium Franchise Disclosure Document, Item 6, printed pp. 17–21; Item 7, printed pp. 22–25; and Item 19, printed pp. 53–57.

The official median is well supported, but any owner-specific forecast remains uncertain. The 914-center cohort is broad—87.6% of the 1,043 franchised centers open at year-end 2025—but it excludes 129 centers that had not been open and operated by the same franchisee for at least 12 months and excludes all four affiliate-operated centers.

Performance dispersion is substantial. Item 19 reports included-center Gross Receipts from $66,925 to $1,511,770, while the median was $326,428. Only 365 covered centers, or 40%, met or exceeded the $117,000 average Operating Profit. That makes the median more useful than the average for a central planning case, but neither predicts a specific territory.

Item 20 adds population context: 63 franchised centers opened, 69 transferred to new owners, and 15 ceased operation for other reasons during 2025. Those figures do not establish why an outlet changed status, but they show why a mature, same-owner cohort does not represent every buyer's ramp-up or transition experience.

Debt service must be modeled separately under the buyer's actual financed amount, rate, and term. Interest treatment is not separately identified in the Item 19 expense table, and personal taxes should not be estimated from a unit-level operating result.

Source: 2026 Mathnasium Franchise Disclosure Document, Item 19, printed pp. 53–57, and Item 20, printed pp. 58–65. For the regulatory limits on financial performance representations, see the Federal Trade Commission Franchise Rule and the FTC Franchise Rule Compliance Guide.

Verify the operating-profit definition against actual franchisee records and isolate the cost of the owner's role. Item 19 gives a strong system-level starting point, but the decisive inputs are local sales capacity, instructor payroll, occupancy, management structure, and financing.

• Request the written substantiation supporting Item 19 and confirm the exact 2025 cohort, exclusions, and treatment of each P&L line.
• Ask several current and former franchisees for annual Gross Receipts, instructor payroll, rent, required local marketing, technology costs, and actual Operating Profit.
• Separate owner hours, owner draw, Center Director wages, bonuses, benefits, and employer payroll taxes instead of calling all residual cash “profit.”
• Compare the proposed territory with the Item 19 quartile medians and with centers that have similar enrollment, tuition, rent, and labor markets.
• Model debt principal and interest separately under written lender terms; do not deduct the Item 7 startup investment as one annual expense.
• For multi-unit plans, verify ramp-up timing, shared overhead, manager layers, and center maturity before multiplying a one-center result.

For a mature U.S. Mathnasium center operated by an active owner, the strongest defensible planning range is approximately $86,000–$146,000 in annual pre-tax owner-operator benefit, centered on the official 2025 median Operating Profit of $111,630. The median is an official Item 19 result; the endpoints are independent scenarios, not franchisor-reported outcomes.

The largest earnings driver is Gross Receipts relative to instructor payroll, occupancy, and recurring franchise charges. The largest unresolved uncertainty is the owner-role adjustment: Item 19 does not include a separate Center Director compensation line, so manager-run residual earnings depend on actual local wages, benefits, and management structure. Before making a decision, a buyer should verify Item 19 substantiation, full manager cost, owner hours, debt service, and comparable-center P&Ls through written records and franchisee interviews.