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Driver Hire Franchise Business Covering Taunton And Bridgwater For Sale

Taunton, Somerset, UK
Asking Price:
£100K - £200K
Turnover:
£500K - £1M
Net Profit:
Undisclosed

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

Established in 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 has covered the Taunton & Bridgwater areas since 2007. The business is successfully operated by franchisees (husband and wife), with the support of a very experienced member of staff. The franchisees wish to sell and retire. This provides an excellent opportunity for a new business owner to take on a profitable business with the potential for significant growth.

The business covers a very large territory, consisting of all the TA postcodes, and primarily supplies temporary workers (e.g., drivers) to a wide range of clients and sectors, e.g., construction, haulage, parcel delivery, retail, and waste management, to name a few. Effectively, any company operating a fleet of vehicles could benefit from the transport services and drivers supplied by Driver Hire.

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.

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 (2023/24) was an impressive £1,231,412. The top Driver Hire franchised businesses (single offices) generated over £3 million in sales.

Financial details and profit figures for Driver Hire Taunton & Bridgwater 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 Hire Taunton & Bridgwater territory operates from an office in TA1.

Premises Details:

Office located on Corporation Street, Taunton

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 Taunton and Bridgwater area is no different. Driver Hire is a well known company with a strong brand.

Reasons for selling:

The franchisees are selling to retire.

Trading hours:

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

Employees:
1
Years established:
16 - Since 2007

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

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.