Business for sale

Business description

Advent Business Sales is proud to offer to the market this unique education centre, which has been very well established over the last four years.

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.


General Information

Employees:Staffing required at its present level is 4 part time and 2 full time
Trading hours:Mon – Fri: 3pm – 9pm, Sat: 9am – 1pm
Property:Leasehold

Lease terms:TENURE: Leasehold Original lease: Rolling Remaining lease: Review every: 3 years Rent: £125.00 pw We are advised that the annual business rates are currently: £930
Living accomodation:BUSINESS PREMISES A ground floor front door and lobby leading to a stairway to the first floor. - Opposite the top of the stairs is an open reception/office area. - To the right is a waiting area, provided with seating. - At the end of the waiting area is a doorway into the first teaching area, - to the left of this door is an opening to a passage leading to the right hand opposite is a storage room. - At the end of the passage, to the left a w/c and to the front a doorway into two teaching areas.
Location:Our client’s education centre is located in a very popular residential area of Derbyshire, situated just off the main road leading to both Derby city and the M1.

It is close to a small parade of shops and has good parking off the main road. This quieter suburban atmosphere is conducive to academic learning.

The main road is a bus route to facilitate attendance to the centre when motor transport is not available, making it a conveniently located and an accessible site.

Expansion potential:The Kip McGrath franchise is embracing the challenges and opportunities offered through new technologies, by designing a range of new learning programmes. These are as follows: 1. Getting ready to start school 2. Intelligence development 3. English as a second language 4. Essay writing 5. Study skills 6. Online tutoring in maths These programmes will add a new dimension to the business, effectively offering ongoing support for students throughout their whole education. This excellent business acquisition is a solid foundation for anyone looking to own a business who could employ teaching staff at the same time, knowing there s a secure income from the start.
Financing available:Please let us know if you require finance for the purchase of a business.