SeeBITDAOklahoma

Mathnasium

Other Schools and Instruction
  • 10740 S May Ave, Oklahoma City, OK
  • Since 2002
  • NAICS 6116
Estimated valueLow confidence
$418K
$133Klikely range$653K
About 2.6× its yearly EBITDA, typical for a company this size in its industry.
Revenue
$660K
a year
EBITDA
$161K
24% of revenue
Employees
—
not reported
Leadership
Derek Lariviere
Owner · source · confirmed by 2 sources
Unlikely to sell soon

How we got $418K

Based on typical figures for its industry (2022 Economic Census), not its own records.

A typical other schools and instruction business in Oklahoma$660K
Revenue$660K
× 24% EBITDA margin$161K
× 2.6 sale multiple = value$418K

Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
No reported financials
Company website
Owner named

Signs of a sale Unlikely to sell soon

  • In business 24 years (since 2002)

From public records and the company's website, not a statement that it's for sale.

What they do

Mathnasium of Moore is a math-only tutoring center offering in-center and online K-12 math instruction with personalized learning plans for students of all skill levels.

Products & services
In-Center LearningOnline TutoringTest PrepHomework HelpMath FactsCatch UpKeep UpGet AheadMathnasium PlusSummer at MathnasiumEarly ChildhoodElementary School
Markets served
K-12 studentshomeschooled studentspublic, private, charter, and homeschool programs
Service area
MooreNewcastleOklahoma CityWestern HeightsTuttleMidwest CityNorman

From the company's website. Industry: Other Schools and Instruction.

Compared with similar businesses nearby

BusinessEst. revenueEst. EBITDADistance
Mathnasium
this business
$660K$161K—
Kumon Math and Reading Center
Oklahoma City
$4.0M$745K1.0 mi
NATIONAL MARTIAL ARTS, LLC
Oklahoma City · 6 employees
$653K$159K1.3 mi
A & D BROWN ENTERPRISES INC
Oklahoma City · 47 employees
$4.4M$757K1.3 mi
MOORE DANCE ACADEMY
Oklahoma City · 7 employees
$1.1M$238K1.3 mi
THE POINTE PERFORMING ARTS CENTER
Oklahoma City · 14 employees
$794K$165K1.5 mi
Jack Hwang's Martial Arts
Oklahoma City
$794K$187K1.7 mi

Ranges & sources

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Other Schools and Instruction businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (24%). Treat these as a rough guide.

Revenue range$261K – $858K
EBITDA range$64K – $209K
Industry (NAICS)Other Schools and Instruction (6116)
Value range$133K – $653K

EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.

Benchmarks: US Economic Census 2022, OK. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology

History & advisors

Advisors

  • BankingNewtek Small Business Finance, LLCPPP / SBA lender

From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.

Banking relationships

Newtek Small Business Finance, Inc.
7(a) 2021
All 45 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

Public records

SBA loans
1 since 2020
Oct 20207(a)$56KNewtek Small Business Finance, LLC
FranchiseMathnasium and Mathnasium, The Math Learning Center

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Mathnasium

Mathnasium is an other schools and instruction company in Oklahoma City, Oklahoma, in business since 2002. It is owned by Derek Lariviere. Its estimated annual revenue is about $660K, with roughly $161K of EBITDA. Its estimated business value is $418K (likely range $133K–$653K).

Common questions

Who owns Mathnasium?
Mathnasium is owned by Derek Lariviere, according to public sources such as the company's website or filings.
How much revenue does Mathnasium make?
SeeBITDA estimates Mathnasium's annual revenue at about $660K (likely between $261K and $858K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Mathnasium worth?
About $418K, roughly 2.6× its estimated EBITDA of $161K, typical for a other schools and instruction company its size. Likely range: $133K–$653K.
When was Mathnasium founded?
Mathnasium has been in business since 2002.