STOPPRESS NEWS
Left to right: David Burn, Kasia Baldwin, Michelle Haack and Jordan Tracey
Dream Doors hits £4million in a month
Dream Doors, the UK’s largest kitchen makeover company, is celebrating reaching a turnover of £4million in a single month. The milestone, which Dream Doors achieved
Driver Hire celebrates 30 years in franchising
Leading transport and logistics recruitment business Driver Hire is celebrating 30 years since selling its first franchise. “In the 1980s, Driver Hire’s founders wanted to expand. They saw that franchising was a great way to do this,” says Chris Chidley, Driver Hire’s chief executive.
“Over the past 30 years we’ve helped
hundreds of people from all walks of life fulfil their dream of running their own business. The strength of the brand and our business model means that we continue to generate large numbers of enquiries from new entrepreneurs wanting to become part of the Driver Hire success story.”
Back in 1987, Driver Hire’s first franchise, which was in Newcastle, was sold for £5,000. Three decades on, the Driver Hire network has since grown to 100 offices nationwide. The average price now for an established Driver Hire office, when bought as a resale, is around £175,000, while a licence for a new franchise is £32,000.
The Driver Hire network has just completed its fourth record trading 12 months, with turnover for the financial year ending March 2017 reaching £100.5million – the first
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time the UK network has exceeded the £100million mark. Nearly half of its franchisees are celebrating annual turnover in excess of £1million.
Chris comments: “Estimated turnover generated by Driver Hire franchisees over the past 20 years alone totals in excess of £1.14billion. Looking around our network in 2017, we have eight franchisees who’ve been with us for over 20 years. That does, I think, speak volumes about the long-term value of a Driver Hire franchise. “What’s more, we continue to invest in new systems and products to ensure that our franchisees are able to offer a premium service to their customers, ensuring their longevity as a business investment.” Congratulating Driver Hire on this special anniversary, CEO of the British Franchise Association (bfa) Pip Wilkins says: “The success that Driver Hire has had over the past 30 years is a testament to the hard work and dedication that the team have put in.
“As longstanding bfa members they have
had great success in our franchise awards, proving their passion for ethical franchising and an excellent support system.”
in March, marks the largest turnover the company has achieved within a month. Troy Tappenden, Dream Doors founder and managing director, says: “I remember our first million-pound month well and, in reality, it wasn’t that long ago. We then began to hit £2million months quite regularly from 2014 onwards and, just last year, £3million in one month was the pinnacle.
“As a brand we’ll be close to £50million in annual sales this year – and it all began when I sold my first kitchen makeover for about £4,000 back in 1999! “I’m very proud of what we’ve all achieved
here at Dream Doors. From my local team here in Hampshire, through to dozens of hard- working franchisees and their own staff, we’ve built the largest and most decorated brand in this sector.” Dream Doors specialises in made-to-measure kitchen doors and worktops. The business currently has 75 franchisees nationwide.
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