The information you submit via our enquiry form is shared only with the franchise business(es) that you have selected.

The franchise business will contact you by means of email and/ or telephone only to the email address and phone number you have provided.

By submitting the enquiry form you are consenting to send your personal information to the selected franchise business.

You also agree to receive further newsletter email marketing from What Franchise.

Close

Mathnasium doubles turnover despite COVID-19

Mathnasium doubles turnover despite COVID-19

Master franchisee, John Preston, says turnover in his first year in charge of the UK network rose by 109 per cent year on year

Franchisees at the maths tuition service Mathnasium are celebrating a doubling of turnover despite the worst trading year in living memory.

Master franchisee, John Preston, says turnover in his first year in charge of the UK network rose by 109 per cent, year on year, even though Mathnasium was hit, like most businesses, by successive lockdowns and restrictions.

He attributes the network’s resilience and success to being able to switch overnight to an online tuition portal that had been under development in the USA for several years.

It wasn’t due to be introduced to the UK for some time, but John brought it into operation immediately and, within a week it was rolled out across the entire franchise network and being used for hundreds of online sessions a day.

An instant success, Mathnasium’s bespoke online learning system Mathnasium@home allowed the franchisees and the network to remain in business, offering live face-to-face maths tuition and support to students wherever they were.

“Mathnasium@home, combined with our unique subscription-based tuition model, is the reason our revenue didn’t go down to zero,” says John. “In fact, our year-on-year revenue more than doubled - up by 109 per cent for the period March 2020 to February 2021, my first year as master franchisee for Mathnasium UK.

“Everybody was adversely impacted by COVID-19, of course, and our revenue was initially down 30 per cent across the board. So we decided to focus our efforts on our existing franchisees and looked at our marketing, our sales, every single aspect of the business.

“Until the pandemic, we only offered training to new franchisees in the UK, so we decided to offer extra training to our existing franchisees and that now forms part of our ongoing training programme. As a result, the average income per centre is massively up, year-on-year, and Mathnasium UK as a whole is up, even without adding any new franchisees.

“We really do care about our franchisees and the network at Mathnasium. If your existing franchisees are successful, more will want to join.”

And now, with COVID-19 under control here and lockdown measures easing, John’s looking forward to welcoming two new franchisees to the network in the very near future.
And anyone who’s considering becoming a Mathnasium franchisee can take comfort from the fact that in the worst possible trading year in living memory, the company not only managed to shield its franchisees from the worst effects but saw its UK revenues more than double.

Mathnasium logo

Start your own Mathnasium franchise

Profit Chart
Funding Support Available ? Help is available. Check out our franchising funds guide.

Yes

Find Out More
Expected Revenue After 2 Years

N/A

Request Free Information
Find Out More
Mathnasium logo

Request Free Information

Send a free enquiry to Mathnasium for further information!

By sharing your email, you're agreeing to our privacy policy, cookie policy and terms & conditions.

Exciting Franchise Opportunities

Zerorez logo

Start your own Zerorez franchise

Profit Chart
Funding Support Available ? Help is available. Check out our franchising funds guide.

Yes

Find Out More
Expected Revenue After 2 Years

N/A

Request Free Information
Find Out More
Zerorez logo

Request Free Information

Send a free enquiry to Zerorez for further information!

By sharing your email, you're agreeing to our privacy policy, cookie policy and terms & conditions.
Canopy Children’s Nurseries logo

Start your own Canopy Children’s Nurseries franchise

Profit Chart
Funding Support Available ? Help is available. Check out our franchising funds guide.

Yes

Find Out More
Expected Revenue After 2 Years

£100,000+

Request Free Information
Find Out More
Canopy Children’s Nurseries logo

Request Free Information

Send a free enquiry to Canopy Children’s Nurseries for further information!

By sharing your email, you're agreeing to our privacy policy, cookie policy and terms & conditions.
Numi Scan  logo

Start your own Numi Scan franchise

Profit Chart
Funding Support Available ? Help is available. Check out our franchising funds guide.

Yes

Find Out More
Expected Revenue After 2 Years

Return of initial investment and an...

Request Free Information
Find Out More
Numi Scan  logo

Request Free Information

Send a free enquiry to Numi Scan for further information!

By sharing your email, you're agreeing to our privacy policy, cookie policy and terms & conditions.
Chop & Wok logo

Start your own Chop & Wok franchise

Profit Chart
Funding Support Available ? Help is available. Check out our franchising funds guide.

Yes

Find Out More
Expected Revenue After 2 Years

Profit between 27 to 33% of turnover

Request Free Information
Find Out More
Chop & Wok logo

Request Free Information

Send a free enquiry to Chop & Wok for further information!

By sharing your email, you're agreeing to our privacy policy, cookie policy and terms & conditions.
ActionCOACH UK logo

Start your own ActionCOACH UK franchise

Profit Chart
Funding Support Available ? Help is available. Check out our franchising funds guide.

Yes

Find Out More
Expected Revenue After 2 Years

This would be discussed at interview...

Request Free Information
Find Out More
ActionCOACH UK logo

Request Free Information

Send a free enquiry to ActionCOACH UK for further information!

By sharing your email, you're agreeing to our privacy policy, cookie policy and terms & conditions.
View all opportunities

Must Read Articles

View all Business Advice