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Casa vs Mathnasium — which franchise is the better buy?

Side by side from the public FDDs — no franchisor spin.
CasaMathnasium
Disclosure honestyBC
Investment from$1,014,800$112,936
Total fees9%12%
Outlets10972
Lawsuits10

Casa: what their numbers say

Discloses 2025 revenue/expenses for 8 mature centers (4 affiliate, 4 franchised). Adjusted affiliate data to exclude corporate overhead. Excludes 2 newly opened centers, grant income, tax liability.

Mathnasium: what their numbers say

Discloses average/median gross receipts by quartile and average P&L with operating profit for 830 centers. Omits owner salary from operating profit, overstating net income; excludes 131 newer/underperforming centers.

Get the real owner take-home for either — $149

Full net-profit math, financing, red flags. See a sample →