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Kip McGrath Education Centres Tweed Heads

Education and Training

Business Description:

Summary
Kip McGrath Education Centres Tweed Heads is a successful and profitable tutoring centre. The work is rewarding as we help students catch up, fill learning gaps, keep up and offer extension work.
Rent
$1,375 pm
Location Details
Suite 12, Level 2, 69 Wharf Street, Tweed Heads, NSW, 2485
Located between Wharf Street and Beryl Street. We are located in a small arcade behind St Joseph’s Primary School. We have access to own car parking and plenty of free on street parking. There are many local schools in the area.
Marketing support
There is ongoing marketing support through Kip McGrath Head Office. They have a marketing team which do national advertising on the TV, radio, internet etc. You can contact them anytime for them to put together a local ad for your centre.
The centre is already fit out with Kip McGrath signage and approved furniture.
Training provided
Yes, training is provided. In-person and/or remote support, including handover, is organised between the seller and buyer.
You will have a Business Development Manager at Kip McGrath Head Office who is there to support you. You can also contact other Kip McGrath centre owners for support. There are experienced staff at the Kip McGrath Tweed Heads Centre who can help train you and support the transition.
Skills
Education and/or teaching qualifications.
WWCC: must have current Working With Children Check.
Primary school teachers and secondary school teachers are encouraged to apply.
Length of Agreement
Franchise Agreement is organised with Head Office. Previous Franchise Agreement term was 5 years.
About the Opportunity
Revenue JAN 2022 to DEC 2022: $130,000+
At Kip McGrath Tweed Heads we plan and implement English and math programs which are individually tailored to the needs of each student, offering remediation, consolidation & extension learning in numeracy and literacy from Foundation through to Year 10. Reluctantly selling as owner has a newborn and is wanting the time to raise a family. Since taking over in 2018, we have seen steady growth in online & in centre tuition & established a great reputation in the local area. There is always a demand for tutoring as students fall behind & parents want to provide the best opportunities for their child. Our centre is located in an affluent area with families who can afford private tuition. The business has capacity to grow to 200 centre lessons a week with unlimited growth opportunities for online lessons. There is potential to open up other satellite centres as Territory covers a wide area.

Are you interested in a change from the classroom with flexibility to work remotely? There is much better work-life balance than teaching. The owner currently works from home whilst on maternity leave. 15% of our students are online and 85% attend lessons from our centre. The work is more rewarding than classroom teaching as we predominantly work with parents to catch up students who are behind. Our staff consist of registered primary and secondary teachers.

Being a part of the Kip McGrath franchise network, which has been operating for 45years, means you can run a business without previous business experience. Head Office allocate you to a Business Development Manager who helps with questions and guides you on how to grow your business. An external payroll provider organises payroll. You have ongoing support from the marketing & finance teams. Important software is provided including:
- Student management software with built in automated payment system (Intuition)
- Xero for financial management
- Access to marketing templates
- Lesson planning software with built in curriculum for efficient lesson planning (iKip)
- Online Lesson software (iKip)

Tutor Responsibilities:
- Tutoring math &/or English to a group of 3-5 students
- Planning using our curriculum
- Parent feedback
- Adhering to Child Safe Policies
- Set-up, pack-up and cleaning

Owner's Responsibilities:
- Tutoring (see above)
- Recruiting & training staff
- Rostering
- Liaising with agencies to update policies
- Enrolling new students & setting up payments on our automated payment system (cashless)
Year Business Established
2009
Year Franchising Commenced
2009
Site locations
1
History
The current owner is a primary school teacher, with over 10 years of teaching experience at the time she took over (no previous experience running a business). Since taking over in April 2018, student numbers have consistently increased. We have seen a steady increase in student numbers, revenue and profit since 2018. We continued to grow throughout the pandemic. During lockdown periods in 2021, our centre operated 100% online. There was a high demand for tutoring.

Business Features:

  • Business Category: Education and Training
  • Sale Price: 50000 - 100000
  • Profit: 0 - 100,000
  • Business Plan exists?: Yes
  • Marketing Plan/Research?: Yes
  • Property Included?: Yes
  • Sale Type: Franchise
  • Years Operating: Over 20 Years
  • Business Type: Tutoring
  • Turn Over: 100,000 - 200,000
  • Business Development (in place): Yes
  • Budget in place: Yes
  • Financing Available: Yes Part
  • Trial Period: No
  • Sale Includes: Centre equipment, printer, furniture, computers, stationery, signage

Business Location:

  • Address: 12/69 Wharf Street, Tweed Heads, Tweed Heads, New South Wales.
  • Potential Franchise/Licencee locations you are offering to sell: New South Wales / Regional

Seller Information

Name: Chantelle Hayes

Email: tweedheads@kipmcgrath.com.au

Phone: 0422868137

Listing ID: 14310

Views: 161

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