KME 4.00% 52.0¢ kip mcgrath education centres limited

Ann: Appendix 4E and 30 June 2017 Annual Report, page-17

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  1. 705 Posts.
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    @long_haul
    Excellent post- thanks.
    Kumon does have the advantage of incumbency- people definitely know about Kumon a lot more than KME so it is presumably easier to fill the rooms.

    The other thing is there are plenty of teachers that do their own teaching on the side at a far greater profit, with certain tax advantages, who are never really going to consider working for a franchise.

    It would certainly be nice to see franchise numbers starting to increase though that's for sure.
 
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