Franchise Focus Simple but effective
Driver Hire, a business where you could earn over £100,000 per year INVESTMENT LEVEL: FROM £35,000
D
river Hire, a business-to- business management franchise, has been in operation for over 30 years and franchising since 1987. Part of the
£26.5billion UK recruitment and staffing industry, Driver Hire’s main market – the supply of temporary drivers – is alone estimated to be worth around £2billion. Every day the 100-strong network provides thousands of workers to a wide variety of customers, ranging from international hauliers and major retailers to builders’ merchants, parcel delivery companies and local authorities.
A business-to-business management franchise is ideal for those people who want to run their own business without getting their hands too dirty. An advantage of running this type of business is that you are employing staff, enabling you to concentrate on business development and growth.
Gaining control
Buying your own business is a step in the right direction to controlling your own work-life balance in a way that suits your financial and family needs. Whilst a Driver Hire franchise is a 24/7 business that needs to be run from a dedicated office space, current franchisees still enjoy the benefits, flexibility and income
that running the business offers. Jamie Williamson, Driver Hire Portsmouth, says: “My quality of life has improved; I’m the one in control of my own destiny and I’m no longer reliant on the decisions of others. If you’re going to work you might as well enjoy it! I’d absolutely buy a Driver Hire franchise again. In fact, I wish I’d looked into it earlier!” Gary Riches from Driver Hire Colchester
agrees: “Running my own business and being my own boss means I now have a lot more control over my destiny. I never stop thinking about the business but, on the other hand, I am now physically working fewer hours than I did in previous jobs. Buying into Driver Hire was absolutely the right choice for me – I love what I do.”
Investment and rewards As a Driver Hire franchisee, you should be aiming to achieve a net profit of over £100,000 per annum. In 2013/14, the average full-year Driver Hire franchised office turnover was £828,000 – well over twice the UK franchise industry average of £356,000 – and 29 per cent of Driver Hire offices had a turnover of over £1million. The entry-level investment for Driver
Hire is £35,000. The cost of a resale opportunity will vary according to the profitability and trading history of the individual business and can be anything between £40,000 and £500,000.
Support and training Previous experience in recruitment or in the transport sector isn’t required as the two-week foundation training and ongoing franchise support programme provides everything you need to be successful. The support doesn’t end there, thanks to a head office team of over 70 staff working in marketing, national accounts, IT, finance, telemarketing and training. Each franchisee is also allocated an area development manager. Dave Graham from Driver Hire
Teesside comments: “I’d be more than happy to re-invest in a Driver Hire franchise. It’s a brand I believe in and it’s the people and systems that have made it so successful over the years. The franchisor support is second to none – every day is different in this business, which to me is part of the appeal – and I know that when needs must there is someone I can call for help and advice. That’s something I wouldn’t have if I’d set up on my own.” n
DRIVER HIRE
WEBSITE:
www.driverhirefranchise.co.uk EMAIL:
franchise@driverhire.co.uk PHONE: 01274 361 073 CLASSIFICATION: Recruitment
October 2014 |
Businessfranchise.com | 135
Investment: £20k-£50k
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