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Driver Hire D
river Hire is a multi-award-winning management franchise built on years of experience, having
launched over 30 years ago. It is a great opportunity for those looking to earn over £120,000 (net profit) per annum from one office. You can invest in a Driver Hire business safe in the knowledge that you’re buying into a successful, tried-and-tested franchise model. Operating in a niche market, Driver Hire is the UK’s brand leader in the supply of drivers and logistics staff to customers who have their own fleet of vehicles. The UK recruitment industry is estimated
to be worth £35.1billion (REC/KPMG Recruitment Industry Trends 2016) and the market for temporary drivers alone is estimated to be worth around £3billion. The need for temporary drivers has been boosted by ever-increasing customer demands for a flexible workforce and the massive growth of online retailing. One of the most consistently successful
franchise brands in the UK, Driver Hire has won a bfa HSBC Franchisor of the Year award four times, and has also been a
finalist 11 times in the past 12 years. When you decide to become a Driver Hire
franchisee, you’ll join a thriving network and a long line of respected business owners pleased that they took the same decision; 93 per cent of existing franchisees would buy a Driver Hire franchise again. In 2016/17, the average full year turnover for
a franchised Driver Hire office was £1,106,427. In the same financial year: • 48 per cent of Driver Hire franchisees achieved sales of over £1million
• 71 per cent achieved sales of over £750,000
• 86 per cent achieved sales of over £500,000.
The Driver Hire franchise agreement is for a period of five years and this can then be renewed every five years without a renewal franchise fee. The purpose of the agreement is to set out your rights and responsibilities and those of the franchisor. The basic licence fee for a startup franchise is £32,000. The cost of a franchise resale will depend upon the individual business, its trading history, profitability, current trends,
and the potential for future development. Historically, prices have ranged from £40,000 up to £500,000. Current franchisees have come from a
wide range of backgrounds and no previous experience of working in recruitment or the transport and logistics sector is required. The fully supported six-week training programme sets you up for success. Once the franchisee has opened for business (or taken over an existing franchise business), training continues in the form of the franchise support programme, which can deliver up to six months of further support and training in the franchisee’s office. Support is also available from specialist
teams at the support centre in the head office, including an area development manager, national accounts, and HR, marketing and IT support. Peer-to-peer support is just as valuable as support from the head office team, and Driver Hire feels it is very important to encourage and facilitate positive working relationships between franchisees. This is achieved through regular regional meetings, an annual conference and an online forum.
68 | The Franchise Magazine 2018
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