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Tuesday, Mar 27, 2018
MATHNASIUM RANKED ONE OF THE FASTEST-GROWING FRANCHISES BY ENTREPRENEUR MAGAZINE
Los Angeles, March 8, 2018 – Mathnasium was recently ranked in Entrepreneur Magazine’s Fastest-Growing Franchises list. This highly competitive list recognizes the 150 companies with the greatest franchise unit growth in North America, based on data submitted for Entrepreneur’s Franchise 500® ranking. Thanks to its exceptional growth, Mathnasium was ranked #33.
“Mathnasium is experiencing explosive growth!” says Mike Steed, VP of US Franchise Operations for Mathnasium, “We attract entrepreneurs that want to help children gain confidence and help families in communities around the world thrive, all while enjoying a rewarding business opportunity. With our top center now breaching one million in revenue, we think the sky is the limit for our franchisees to do well while doing good.”
"For business owners who want to grow their brand quickly, franchising is a compelling and often effective option,” says Jason Feifer, editor in chief of Entrepreneur. “The companies on this list prove that well, having opened a combined total of more than 10,000 new franchises in just one year.”
Entrepreneur’s 2018 Fastest-Growing Franchises ranking is based on each company’s net franchise-unit growth in the U.S. and Canada from July 31, 2016 to July 31, 2017, with ties broken based on percentage growth. Mathnasium’s position on the ranking demonstrates the brand’s continuous popularity with both franchisees and customers.
To view Mathnasium in the full ranking, visit entrepreneur.com/franchises/fastestgrowing. Results can also be seen in the March issue of Entrepreneur, available now on newsstands.
Mathnasium, the nation’s leading math-only learning center franchise, has been transforming children’s lives since 2002. The proprietary Mathnasium Method™, developed through years of hands-on instruction and experience, teaches kids math in a way that makes sense to them—whether they’re looking for tutoring, advancement, or ongoing enrichment. Mathnasium is ranked #28 on Entrepreneur magazine’s 2018 Franchise 500 list and has become one of the fastest-growing educational franchises with over 900 Mathnasium locations worldwide.