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Driver Hire Franchise Business Covering Hull For Sale

Hull, East Riding of Yorkshire, UK
Asking Price:
£50K - £100K
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 Hull has been a consistently performing business, exceeding £500k turnover for nine of the last 10 years. Peak turnover was £1.3 million in 2010–11. Although the business isn’t currently operating at this level, there are genuine reasons for the recent dip in performance, including, for example, the business operating with minimal staff for a period of time and personal reasons relating to the franchisee (hence the reason for the sale).

The large territory covers all the HU postcodes, including large industrial areas and a wide range of sectors requiring drivers and other labour, especially around the port city of Hull. Therefore, the territory is well suited to operating a driver-hire 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 Hull 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 Hull territory operates from an office in HU9.

Premises Details:

Office located in the Compass House.

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 Hull area is no different. Driver Hire is a well known company with a strong brand.

Reasons for selling:

Due to personal reasons, the franchisees are looking to exit the business.

Trading hours:

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

Employees:
1
Years established:
34 - Since 1989

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.