Kip McGrath is a children’s education franchise with international presence. We provide specialised tutoring in Reading (Literacy), Phonics, Comprehension, Spelling, English and Mathematics for school-going children between grades R to 12. There are 65 operational franchises in South Africa.
Kip McGrath Education Centres Franchise For Sale
Education & Training
From: R295000 to: R315000
Gauteng, Eastern Cape, Western Cape, Mpumalanga, KZN
Finance Details
- Grade 1 (Suburbs): R290 000
- Grade 2 (Large Towns and Townships): R270 000
- Grade 3 (Small Towns): R240 000
For Full Setup Costs for a Kip McGrath franchise, add about R25 000 to the franchise fee.
Financial information
The figures listed are for primary setup and includes all upfront costs. It includes a furniture pack for 2 classes, signage, stationery start-up kit; promotional start-up kit, advertising start-up subsidy, educational material, administrative and educational software, cost of training and subsidised accommodation.
The franchisee would need to budget for traveling to Durban for the training period (10 days) broken up over 2 training sessions during the school holidays and also need working capital for the first month or two of operation. Most franchises reach financial break-even by the third month.
Royalties: The royalties are 12% on invoiced income. It decreases on a sliding scale to 9% as the centre’s income grows.
Locations
Franchise Details
Kip McGrath…international children’s education franchise
KMEC is an established international franchise with an expansion rate of one new centre opening every thirteen days, on average. The International Head Office is based in Australia and is a listed public company.
Kip McGrath franchise has been in operation for over 40 years and is represented by 550 centres in 7 countries. There are 65 operational franchises in South Africa. The Head Office owns one of these centres.
We provide specialised tutoring in Reading (Literacy), Phonics, Comprehension, Spelling, English and Mathematics for school-going children between grades R to 12.
Kip McGrath also help students in:
- Mathematics – from Grade 1 to Grade 12, including the Maths Literacy course
- Study Skills – suitable for secondary students and above
- Essay Writing (Exam answering) – suitable for senior secondary students and above
- Get Ready For School – suitable for 5 year olds
In the classroom situation, we use a multi-media, rotational approach and make extensive use of audio and visual materials. The franchisor supplies audio-visual software, CDs, worksheets and ‘in-house’ textbooks.
The student management system and all tutoring materials run from the internet cloud.
Kip McGrath franchisees have 110 learners (on average) enrolled in our centres at the peak period of the year, with our larger centres growing to over 450 learners.
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Pricing
Finance Details
-
Grade 1
Suburbs. For Full Setup Costs for a Kip McGrath franchise, add about R25 000 to the franchise fee.
290000 -
Grade 2
Large Towns and Townships. For Full Setup Costs for a Kip McGrath franchise, add about R25 000 to the franchise fee.
270000 -
Grade 3
Small Towns. For Full Setup Costs for a Kip McGrath franchise, add about R25 000 to the franchise fee.
240000
Non-Member
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