Education centre rights are apples for teachers
Kip McGrath Education Centre franchisor Jonathan Anderson teaching students.
Five new business territory rights are being offered for sale by Kip McGrath Education Centres in Glenfield Auckland, Timaru, Oamaru, Dunedin North and Dunedin South for an asking price of $20,000 to $35,000 dependent on territory size.
“The rights are for three years with a right of renewal for a further three years,” says Neville Choksi of Link Business Broking who is marketing them with colleague Tony Andrew.
“Applicants need to either hold a teaching registration and a current practising certificate in New Zealand or, have a long term employment contract with someone who does,” Choksi says.
“Fit out costs for education centres vary depending on the size of the territory and buildings leased but the average is between $15,000 and $25,000,” he says.
Two established Kip McGrath education centre franchises are also being offered for sale in Wanaka and Henderson through Link Business Brokers with the option to purchase the properties as well as the businesses
“The asking price for the Henderson business franchise is on application with the property housing the franchise also on offer for $360,000,” Choksi says. “Likewise the price of Wanaka franchise is available on application with the real estate occupied by the centre available for $925,000.”
Choksi says the first Kip McGrath Education Centre opened its doors in Newcastle, New South Wales, 36 years ago.
“Founded by school teachers, Kip and Dug McGrath, that first tutoring centre has grown into a global franchise network of 600 tutoring centres owned and operated by qualified and experienced teachers with a common motivation - a passion for teaching,” Choksi says.
“The driving force behind the New Zealand operation is husband and wife franchisor team, Jonathan and Dianne Anderson who started their association with Kip McGrath in New Zealand in 1996.
“Offering tutoring to children from pre-school through to Year 13 in reading, spelling, comprehension, English and maths, there are now well over 90 tutoring centres in New Zealand, Fiji and Samoa.
“The New Zealand network of Kip McGrath Education Centres has become an important adjunct to established education resources providing a valuable option to those parents and students seeking remedial or extension inputs,” Choksi says.
He explains that Kip McGrath Education Centres are franchised with the franchisees operating within a defined territory and receiving advice and guidance in acquiring students and in running the centres. Franchisees are also given a growth path plan so that additional centres may be opened within the territory as demand builds.
“Kip McGrath structures its education centre businesses to relieve owner/teachers of the entire administration process, including debt collection and clerical work, leaving them to concentrate on their primary role which is to teach,” Choksi says.
“The Kip McGrath Education Centre franchisor provides support to franchisees for the identification of suitable leased premises and the negotiation of lease terms with the education centres considered to be high quality tenants.”
Computer system leases and centre fit out packages are both managed by the organisation’s head office which makes the establishment of centres a simple and cost efficient process. The Kip McGrath organisation develops its own innovative educational software and on-line tutoring programmes in order to extend the accessibility and reach of the teaching programmes.
“Sophisticated, easy to implement and manage systems add to the efficiency and accessibility of the tutorial programmes,” says Choksi.
Comprehensive training and practical support is provided to franchisees through mentoring meetings and by the new owners visiting other centres to help them develop their business experience.
Ongoing support includes advice and assistance with school relationships and a comprehensive marketing and advertising programme.
Pupils at Kip McGrath Education Centres are assessed according to the national curriculum and individual programmes are written for each child based on their individual needs with parents or older students themselves receiving periodic progress reports.
Choksi says the programmes are suitable for all students ranging from those who are experiencing some difficulties in their day-to-day school work through to high achievers who wish to expand their learning and accomplish even more.
Andrew says it’s clear there’s a lot of experience behind the Kip McGrath business management systems provided to the individual centres and also the well-reputed tutoring programmes.
“The primary focus of the Kip McGrath Education Centres is ‘customer satisfaction’ through the quality of teacher input and the improvement of each child’s learning outcomes,” he says.
“The Kip McGrath organisation seeks tutors for whom teaching is not a job but a vocation. The ideal Kip tutor is one who is inspired by a smile from a child who finally ‘gets it’ and who thrills from seeing a student start to enjoy learning and developing a confidence in their abilities which will naturally translates into better results at school.
“The sale of these territories and franchised centres represents a great opportunity for committed teaching professionals to do what they do best while building value in their own businesses,” Andrew says.