Mathnasium Reports Impressive Mid-Year Growth, Awards 50+ New Franchise Agreements YTD
Retrieved on:
Tuesday, July 25, 2023
LOS ANGELES, July 25, 2023 /PRNewswire/ -- Mathnasium Learning Centers, an internationally known franchise with over 1,100 math learning centers worldwide, reports remarkable mid-year growth and strong performance with 58 new signed franchise agreements as company leadership projects global development to grow more than 100% in 2023, compared to the previous year.
Key Points:
- Driving Mathnasium's impressive growth is its exceptional instruction based on customized learning plans which have provided the foundation to scale.
- "The latest from the Nation's Report Card reveals disheartening drops in math scores reaching historic lows," said Mike Davis, CEO of Mathnasium.
- Mathnasium has experienced a record increase in student enrollments as the spike in supplemental education continues to climb .
- Single and multi-unit growth guides Mathnasium's development strategy as the brand seeks to award an additional 50-plus agreements by year-end.