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Recruitment Business Award Winning Franchise In Bristol For Sale

Bristol, Bristol
Asking Price:
£300,000
Turnover:
£1M - £5M
Net Profit:
Available on request

Driver Hire Bristol is part of Driver Hire Nationwide: the UK's top franchise and bfa HSBC 2019 'Franchisor of the Year' award winner. A management franchise operating in the recruitment sector. This particular franchise resale is your opportunity to run a very profitable recruitment business within Bristol, a territory which covers all of the BS postcodes.

As a Driver Hire business owner you'll specialise in providing staff to the transport & logistics sector, serving clients in both the private and public sector. Customer sectors are very wide-ranging and include, haulage, parcel delivery, retail, construction, oil and gas, recycling and local councils. The number of potential customers for our franchisees is huge. Essentially any company that operates a fleet of vehicles.

Driver Hire is very well established in the Bristol area, having supplied customers from 1989 to present.

There’s a proven history of success, with turnover for each of the last six years comfortably exceeding £1.2m and averaging £1.7m per annum. The business trades with a large number of customers (over 150 in each of the last six years), across a range of sectors. This helps to ensure the business is based on solid foundations.

The business benefits from good margins and is very profitable.
The current franchisee has operated the business from April 2015 to present and is selling for personal reasons.

There is a team of experienced staff who can support the new franchisee, to return the business to £2m turnover and beyond.

Financial details will be provided on enquiry and profit figures once a non-disclosure agreement has been signed.

Established for over 30 years, Driver Hire's success as a franchised business is based upon a proven franchise formula which combines a market-leading brand name, robust business systems and comprehensive training and support. Driver Hire is also a six times award winner of a bfa HSBC Franchisor of the Year award, winning gold in 2019.

In the 2018/19 financial year
• 53% of Driver Hire franchises achieved sales of over £1million
• 76% achieved sales of over £750,000
• 90% achieved sales of over £500,000
• The average franchise turnover (single unit) was £1,214,978

This is a great achievement when you consider that the franchise industry’s average turnover is currently £400k, according to the 2018 bfa/ NatWest Franchise Survey.

Property Information

Location:

The business operates from a high street office.

Premises Details:

The office which has been recently refurbished, benefits from board room facilities and a kitchen.

Business Operation

Expansion Potential:

Whilst being an established office, there is still certainly plenty of scope for significant growth for Driver Hire Bristol.
For example, the huge increase in home shopping has stimulated demand for multi-drop delivery drivers. In addition to supplying temporary drivers, 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:

We operate in a competitive environment but the benefits of an extremely strong brand, a proven business process and central support combined with the hard work, motivation and commitment of the franchise owner provide a competitive edge that has seen Driver Hire consistently succeed where others have failed.

Reasons for selling:

The current franchisee has operated the business from April 2015 to present and is selling for personal reasons.

Trading hours:

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

Employees:
Currently two experienced, full time members of staff covering the full range of sales, service and administrative duties.
Years established:
Driver Hire is very well established in the Bristol area, having supplied customers from 1989 to present.

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

When you start a franchise with Driver Hire you will sign a detailed franchise agreement. At Driver Hire the franchise agreement is for a period of 5 years and this can then be renewed every 5 years. Driver Hire does not charge a renewal franchise fee. The purpose of the agreement is to set out your rights and responsibilities and that of the franchisor.

Other Information

Support & training:

As you’d expect from a leading franchise, the franchisor provides you with a comprehensive support package, helping you to plan, launch and develop your business to its maximum potential.

The 4-week training programme consisting of 2 weeks in a Driver Hire office and 2 weeks of intensive training at Driver Hire Group Services (with free accommodation); followed by a structured 6 months training programme, delivered in your office as well as regular up-dates and networking opportunities.

Each franchisee is also allocated an Area Development Manager and can access a head office support team of over 80 staff working in marketing, national accounts, IT, finance, telesales and training.

Driver Hire is a six-time bfa HSBC Franchisor of the Year award winner, including the Franchisor of the Year Gold award in 2019.

In 2016 Driver Hire won the Franchise Marketing Awards for the 'Best Franchisee Marketing Support' award.

Driver Hire has been ranked as the top recruitment franchise in the Elite Franchise Top 100 list for 2018 and 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.

Financing available:

Funding for Driver Hire franchises is available through all major banks, subject to status.

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

Contact Information

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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