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Award Winning Recruitment Franchise Agency In Derby For Sale

Derby, Derbyshire, UK
Asking Price:
Under £50K
Turnover:
£100K - £200K
Net Profit:
Undisclosed

Driver Hire is the UK’s largest specialist logistics recruiter, with over 100 offices nationwide, and the existing Driver Hire business in Derby is currently available to purchase.

The business covers a large territory that has very recently been expanded, consisting of the DE1, 3, 4, 5, 6, 7, 21, 22, 23, 24, 45, 55, 56, 72, and 75 postcodes, and primarily supplies temporary workers (e.g. drivers) to a wide range of clients across many sectors.

Driver Hire is one of the UK’s top franchises, winning the HSBC Elite Franchise 'Franchisor of the Year' in 2023, and collecting the Silver Winner award for the 'bfa HSBC Franchisor of the Year' in 2022 (Gold Winner in 2019). This is the eighth time this management franchise has won a bfa HSBC Franchisor of the Year award.

Established in 1983, Driver Hire has found success as a recruitment business due to its proven formula, which combines a market-leading brand name, robust business systems, and comprehensive training and support.

As a Driver Hire franchise business owner, you’ll specialise in providing staff and services to the transport & logistics sector, serving professional clients in both private and public organisations. Customer sectors are very wide-ranging and include haulage, parcel delivery, retail, construction, oil and gas, recycling, and local councils, to name a few. The number of potential customers for our franchisees is huge. Essentially, any company operating a fleet of vehicles could benefit from the transport services and drivers supplied by Driver Hire.

Looking back at the last financial year (2023/24):

• Net profit for a single office franchised business was between 10% & 15% of turnover
• 75% of Driver Hire franchises achieved sales of over £750,000
• 55% of Driver Hire franchises achieved sales of over £1million
• 11% of Driver Hire franchises achieved sales of over £2million
• The average franchise turnover (single office) was £1,231,412
• The top franchise turnover (single office) was over £3million

Financial details and profit figures for Driver Hire Derby can be provided following an initial conversation.

For more information on this opportunity, please contact the seller through the form at the bottom of the page.

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Property Information

Property:

Leasehold

Location:

The franchise is located in Derby and the territory covers postcodes: DE1, 3, 4, 5, 6, 7, 21, 22, 23, 24, 45, 55, 56, 72 and 75

Business Operation

Expansion Potential:

Demand for temporary drivers is huge, with this market alone estimated to be worth £3b-£4b per annum, in the UK. Even though Driver Hire is the UK’s largest specialist provider, it still holds a relatively low market share.

Therefore, the Derby business still provides plenty of scope for significant growth. For example, the huge increase in home shopping has stimulated demand for multi-drop delivery drivers.

In addition to supplying temporary staff (drivers and non-driving staff), Driver Hire franchisees can generate revenue from providing permanent staff, delivering classroom-based driver training and selling further complimentary products and services e.g. an online driving licence checker and online learning modules.

Competition / Market:

The recruitment sector (including logistics recruitment) is a thriving and competitive market. Our franchisees benefit from an extremely strong brand, proven business processes and extensive support. Combined with the hard work, motivation and commitment of the franchise owner, Driver Hire has a competitive edge which helps ensure its franchisees consistently succeed.

As mentioned earlier, the average full year turnover of a Driver Hire business (single office) for 2023/24 was over £1.2m.

Reasons for selling:

The Derby business is currently operated within the Driver Hire owned network and is temporarily operating from our Burton office whilst we seek a buyer. The business should be treated similarly to a new start up Driver Hire business but with the benefit of some active customers from day one.

Trading hours:

Usually 08.00 –16.30 office hours, but 24/7 on-call provision is essential.

Employees:
This business doesn't currently have any employees.
Years established:
Driver Hire is a well-established service provider in Derbyshire, having supplied customers from 1994 to present.

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

The successful applicant will sign a new 5 year agreement with the Franchisor

Other Information

Support & training:

As you would expect from a leading franchise, Driver Hire (the franchisor) provides you with a comprehensive support package, helping you to plan, launch and develop your business to its maximum potential.

The initial training includes a 2-week Foundation Course, and typically, at least 2 weeks in a Driver Hire office - helping to get you off to a good start. Once you take over the business, and over the coming months, you will then be guided and supported through a Franchise Support Programme (by your allocated Driver Hire Area Development Manager).

Support from the various Driver Hire head office teams (c 70 staff) is available during offices hours: marketing, national accounts, IT, finance, compliance, and HR.

In addition, you will have plenty of opportunities to learn from fellow franchisees, through regional meetings, Driver Hire’s online forum, and simply from talking over the phone (especially with your neighbouring franchisees).

Driver Hire’s support is one major reason for its external recognition. Driver Hire is an eight-times bfa HSBC Franchisor of the Year award winner, including the Franchisor of the Year Gold award in 2019.

Driver Hire is a full British Franchise Association member and Graham Duckworth, Driver Hire’s Franchise Sales Director, holds the bfa’s ‘Qualified Franchise Professional’ certification.

Franchise Marketing Awards:
2016 – Winner for ‘Best Franchisee Marketing Support’
2019 – Winner for ‘Best Website’

Financing available:

Funding for Driver Hire franchises is available through major banks and other lenders. We will gladly provide further information and recommendations.

Website:
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Related Documents:
Relocatable:
This business can be relocated.