ID : 35770
Driver Hire Wakefield 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 Wakefield, a territory which covers the whole of the WF 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 Wakefield is very well established in the area, having supplied customers from 1999 to present. The current franchisees have run the business since February 2013 and are now looking to realise their investment.
The office performs well and is within the top 10% of all Driver Hire offices for the number of clients invoiced weekly. Since taking over the business in 2013, they have exceeded their annual turnover targets, increasing turnover from around £687k in their first year to currently over £2m.
The franchisees currently operates the business with a team of 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 five times award winner of the bfa HSBC Franchisor of the Year award, winning the bronze award in 2018.
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.