What will it cost me to open my first Mathnasium center?
As with any new business, costs can vary by location, marketing and other expenses, but as a guide the estimated total costs are around £85,000 to £140,000 (for central London).
What are the ongoing expenses of running a Mathnasium center?
Other than the royalties, expenses typically include:
- Monthly rent for a ground floor retail space in your community (approx. 1,200 to 1,600 square feet)
- Ongoing advertising and promotion
- Instructors, as enrollment grows (paid hourly during teaching times)
- Miscellaneous expenses, including phone, office supplies, and the like