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Driver Hire Franchise Business Covering Grimsby & Scunthorpe For Sale

Grimsby, Lincolnshire, UK
Asking Price:
£100K - £200K
Turnover:
£500K - £1M
Net Profit:
Available on request

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

Established since 1983, Driver Hire has found major 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.

Driver Hire Grimsby & Scunthorpe has always operated as a franchise business and has been run by the current franchisee since March 2016. The large territory covers a combination of DN and LN postcodes (including Grimsby, Scunthorpe, Brigg, Caistor, and Louth), including large industrial areas and a wide range of sectors requiring drivers and other labour. Therefore, the territory is well suited to operating a driver-hire business. Historically, Driver Hire Grimsby & Scunthorpe has been a consistently performing business, exceeding £500k turnover for every one of the last 9 years. Peak turnover was £966k in 2018/19. This is an ideal opportunity for a self-motivated person who is looking to grow an existing business.

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 seventh time this management franchise has won a BFA HSBC Franchisor of the Year award.

The Driver Hire network contains very successful franchisees who consistently deliver great results. The average turnover figure for a Driver Hire franchised office (single unit) in the most recent year (2022/23) was an impressive £1,314,361. The top Driver Hire franchised businesses (single offices) generated over £3 million in sales.

Financial details and profit figures for Driver Hire Ipswich 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 Driver Grimsby & Scunthorpe territory operates from an office in DN37.

Premises Details:

Office located in The Innovation Centre.

Business Operation

Expansion Potential:

There’s scope to significantly improve turnover, even though the business is performing well. The top Driver Hire offices last year achieved over £3m turnover.

Competition / Market:

The existence of competitors is typical in the recruitment sector. The Grimsby & Scunthorpe area is no different. Driver Hire is a well known company with a strong brand.

Reasons for selling:

The franchisee is selling due to personal reasons.

Trading hours:

Monday to Friday office hours, then 24/7 on-call phone (for one person from the office)

Employees:
1
Years established:
29 - Since 1994

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:

Driver Hire is a multi-award-winning franchise business, and the support provided by the franchisor to franchisees is a major contributing factor to the company's success.

Initial training consists of 2 weeks on Driver Hire's Foundation Course, plus time in a Driver Hire office. Ongoing support is provided by the franchisor (Driver Hire Group Services), who employs over 70 staff. Support includes: Area Manager, national accounts, marketing, IT system and support, HR, and invoicing.

Financing available:

Banks can typically support a buyer with up to 70% of the required capital. Driver Hire can provide funding contacts.

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