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Recruitment Business - Bury St Edmunds & Ipswich For Sale

Bury St Edmunds, Suffolk
Asking Price:
£200K - £500K
£1M - £5M
Net Profit:
Available on request

Driver Hire Bury St Edmunds & Ipswich is part of the national award-winning brand Driver Hire Nationwide, a management franchise operating in the recruitment sector.

This particular franchise resale is your opportunity to run a very successful and profitable recruitment business within Bury St Edmunds & Ipswich, a territory which covers the whole of the IP postcode area.

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 Bury St Edmunds & Ipswich is very well established in the area, having supplied customers from 1994 to present. The current franchisee has run the business since August 2007 and is now looking to retire.

The franchisee/business has won a number of Driver Hire annual awards: the prestigious Driver Hire ‘New Start of the Year’ and then the ‘Franchisee of the Year’ award the year after. This well-established Driver Hire office has a strong trading history and a large existing customer base (154 trading customers in 2016/17).

The franchisee currently operates the business with a team of very experienced staff. It is likely the staff will wish to continue working for the new franchisee. The current franchisee is also willing to assist the purchaser by providing a comprehensive hand-over of the business.

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 four times award winner of the bfa HSBC Franchisor of the Year award, winning the silver award in 2017.

In the 2016/17 financial year
• 48% of Driver Hire franchises achieved sales of over £1million
• 71% achieved sales of over £750,000
• 86% achieved sales of over £500,000
• The average franchise turnover (single unit) was £1,106,427

This is a great achievement when you consider that the franchise industry’s average turnover is currently £378,400, according to the 2015 bfa/ NatWest Franchise Survey.

Property information




Driver Hire Ipswich & Bury St Edmunds currently operates from two offices.

Premises Details:

The main office is in Bury St Edmunds comprises a first floor set of offices in a building which is a farm supplies shop/store, with a main office with room for four desks, a drivers’ interview room and a managers/spare office. There are also toilets on this floor and a canteen which is shared with shop/store. The current lease is approximately £10,000 p.a. and includes electricity and gas. This is currently being renewed.
The premises in Ipswich are an ‘easy-in easy-out’ office in a semi-serviced office block. The business currently occupies one room on an industrial estate. The cost is approximately £550 per month with 30 days notice required to terminate.

Business Operation

Expansion Potential:

Whilst being an established office, there is still certainly plenty of scope for significant growth for Driver Hire Bury St Edmunds & Ipswich.

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:

Franchisee is looking to retire.

Trading hours:

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

In addition to the franchisees, there are currently four other members of staff who between them cover the full range of sales, service, training and administrative duties.
Years established:
Driver Hire Bury St Edmunds & Ipswich is very well established in the area, having supplied customers from 1994 to present. The current franchisee has run the business since August 2007 and is now looking to retire.

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, we will provide you with a comprehensive support package, helping you to plan, launch and develop your business to its maximum potential.
Our six week intensive Foundation Training provides an excellent starting base which is supplemented throughout your lifespan as a Driver Hire franchisee by ongoing development and training.
In 2016 Driver Hire won the Franchise Marketing Awards for the 'Best Franchisee Marketing Support' award.

Financing available:

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

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Related Documents:
This business can be relocated.

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