In this work, the mass transfer performance of a new eductor liquid–liquid extractor is investigated experimentally and modeled by dimensional analysis and response surface methodology (RSM) with the utilization of water/acetic acid/toluene system. A correlation is derived for the overall mass transfer coefficient versus the Reynolds number, throat to nozzle area ratio, projection ratio, and the two phases of flow rates ratio. Based on the obtained results, the Reynolds number is known as the most effective parameter. Also, different hydrodynamic and geometrical parameters, giving the same Sauter mean diameter, have different mass transfer coefficients due to differences in droplet size distribution. In addition, the RSM studies show that the effects of the parameters are in the order of the two phases of flow rates ratio, the venturi throat to nozzle tip distance, nozzle diameter, and venturi throat diameter. The maximum overall mass transfer coefficient obtained equals to 0.000278 m/s for the studied system.