Buy a Kip Mcgrath Franchise Education Centre business for sale in The Midlands on BusinessesForSale.com

  • Listing ID: 530085
  • (Seller ref: CC066)

Kip Mcgrath Franchise Education Centre For Sale


Location:
Category:
Type:

Listed by:


Asking price:
£200,000
Turnover:
£170,000
Net profit:
£100,000
Franchise opportunity:
Yes
Years established:
1976
Employees:
In addition to the Vendors, the centre has access to a nucleus of 12 experienced local Teachers and Teaching Assistants who it is able to call upon to provide tutorage at a fixed hourly rate as and when required.

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The first Kip McGrath Education Centre was established in Australia in 1976 and in the 31 years since then the Kip McGrath name and excellent reputation has developed into a world wide franchise business with over 400 centres in operation in 18 different countries. The location of this centre which is offered for sale due to the vendor’s retirement is in the West Midlands and has been established since 2003. The Centre tutors students aged 5 to 16 in English, Reading, Spelling and Maths. Sessions take place with extensive written material and supported by computer based programs.
The personalised programs of study, which are aligned to the National Curriculum, are designed to give students the motivation to succeed. Progress is at the students' own pace so they are never overwhelmed and by focusing and emphasising the positive qualities of each student, failure is eliminated. Students work with (not against) the Centre’s tutors because for many a first rule understanding of the subject material is achievable and equally as important, this achievement is not only rewarding but fun too.
A careful balance of challenging and achievable activities ensures that the student experiences only success, which builds confidence and independence and helps develop a love of learning. The Centre caters for both primary and secondary level children of all abilities, including those who are high achievers, underachieving or may have learning difficulties. Each pupil is given an assessment to determine their needs. Parents concerns are discussed and the results of assessments are further discussed confidentially.
There is no pressure brought to bear on the students to perform to pre-set levels and as a result challenges are both realistically achievable and reachable and success is therefore guaranteed. Each 80 minute lesson consists of carefully chosen learning activities, including a mix of written, oral and computer work and Tutors are able to closely monitor each activity to ensure focused, effective learning takes place.
The large and affluent residential area surrounding this educational centre boasts highly regarded Grammar schools. As places within these schools are very much sought after there is a substantial, constant and profitable demand for eleven plus tutorage.


Property:
Leasehold
Lease terms:
The premises are Leasehold held on lease of circa 5 years with a rent payable annually at circa £8,500.
Location:
The business is located in an easily accessible and affluent area of the Midlands and operates from prime position 1st and 2nd floor premises of approximately 1,000 square feet that offers 3 good size classrooms. The business benefits from main road frontage with ample local public parking, plus 2 off street private parking spaces for staff / employees. The premises are Leasehold held on lease of circa 5 years with a rent payable annually at circa £8,500. The asking price includes all fixtures and fittings and capital equipment thus providing the new owners with a turn-key “trade from day one, profit from day one” opportunity!

Competition / Market:
The business is highly credible and has in the most part historically relied upon limited local press advertising and the best form of advertising “word of mouth recommendations” bearing testimony to the excellent reputation it has established. There are excellent opportunities to significantly increase turnover by adopting a far more pro-active approach to marketing the centre’s facilities.
Support & training:
The present owners are willing to assist the buyer in whatever way they can and will provide a comprehensive handover ensuring a seamless transition for both the owner and students alike. Should it be required one of the current owners (a qualified Teacher with over 30 years of experience) may be prepared to provide ongoing consultancy and teaching.
Reasons for selling:
This is a genuine retirement sale opportunity. There will be amazing opportunities opening up in 2008 and the business needs a new owner with drive and energy to maximise on the yet unexploited and true potential.
Trading hours:
Mon-Fri 4.00pm to 7.00 & Sat 9.00am to 5.00pm.

For more information about this business for sale, click the Contact Seller button.


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