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Asking Price
£96,000
Description
The KipMcGrath' brand of after school professional tuition is recognised as one of the worlds leaders, tutoring students from year 1 to year 13 in the following subjects: - Maths - English - Reading - Spelling The first Kip McGrath centre was set up thirty years ago in Australia. Today there are over 600 centres world wide, operating in over 20 countries. The business is a franchise with full company support, full training on running a centre, how to use company resources and further opportunities for networking and motivation. In the centre there are three teaching areas, stocked with 12 pc's running windows XP pro. The centre is bright, attractive and provides a superb environment for tuition. There is a storage area which could be easily turned into a fourth teaching area, offering room for expansion. The centre has established strong relationships with many families in the large customer catchments area and the attitude of the dedicated staff has lead to a number of referrals from other students. Income from the business results mainly from the fees paid for tuition by students. It is by reasoning that we can judge the increasing strength of the business by the number of students taught every week. This factor has seen a steady growth from 37 in year 1 to 77 in year 2, increasing to 84 in year 3 and up to 92 in this last year. This has given an approximate 30% increase in the last 2 years.
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