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Award Winning Recruitment Franchise Agency In Newbury & Basingstoke For Sale

Basingstoke, Hampshire, UK
Asking Price:
£50K - £100K
Turnover:
£200K - £500K
Net Profit:
Available on request

Driver Hire is the UK’s largest specialist logistics recruiter, with over 100 offices nationwide.

The existing Driver Hire business in Basingstoke & Newbury is currently available to purchase.

Driver Hire is a well-established service provider in Basingstoke & Newbury, having supplied customers from 1992 to present. The business covers a large territory, consisting of the RG14 & 17-29 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 prestigious bfa HSBC Franchisor of the Year award in 2019. This is the sixth time this management franchise, operating in the recruitment sector, has won a bfa HSBC Franchisor of the Year award.

Established for over 30 years, 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 to 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.

In the 2019/20 financial year, Driver Hire achieved the following:

• 45% of Driver Hire franchises achieved sales of over £1million.
• 58% achieved sales of over £750,000.
• 87% achieved sales of over £500,000.
• The average franchise turnover (single unit) was £1,049.460.

Financial details and more in-depth information re Driver Hire Basingstoke & Newbury 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.

Property Information

Location:

The franchise territory covers Basingstoke & Newbury

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 existing Driver Hire Basingstoke & Newbury 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 turnover of a Driver Hire business (single office) in 2019/20 was over £1m.

Reasons for selling:

To be discussed

Trading hours:

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

Employees:
There are currently no employees in the business.
Years established:
Driver Hire is a well-established service provider in Basingstoke & Newbury, having supplied customers from 1992 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 75 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 a six-times bfa HSBC Franchisor of the Year award winner, including the Franchisor of the Year Gold award in 2019. Driver Hire is ranked the top recruitment franchise in the Elite Franchise Top 100 list for 2018, 2019 and 2020 (and placed 3rd across all franchise brands).

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.

Relocatable:
This business can be relocated.

Contact Information

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