Driver Hire - Automotive Franchise
Finance Requirements
- Total Investment
- Entry-level investment is minimum £35,000 and re-sale investment levels range from £50,000 to £500,000 +
Available Areas
Franchise territories are currently available in a number of UK locations, including start-up franchises and franchise re-sales i.e. established businesses offering an income stream and cash flow from Day 1.
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| Driver Hire |
A Driver Hire franchise provides you with a
unique opportunity to run your own recruitment business within our
established and highly successful franchise
network.
With a 25-year record of success, Driver Hire is the UK and
Ireland’s leading supplier of drivers and logistics staff to
the private and public sectors. Every day our 100-strong branch
network provides workers, mainly on temporary assignments, to a wide
variety of customers ranging from international hauliers and major retailers to builders merchants, parcel delivery
companies and local authorities.
Our success is
based upon a franchise formula that works, and works well. It
combines strong brand recognition, a proven business system and
comprehensive ongoing support with the ambition, dedication and
self-motivation of local franchise owners.
We are full members of the British
Franchise Association and in
four of the last five years have been finalists in the bfa’s
prestigious “Franchisor of the Year” competition,
winning the award outright in 2006. This followed on from our
success in winning the 2004 “Franchisee of the Year”
award.
In the year to
March 2009, despite the economic downturn, over 50% of our
franchisees achieved sales of over £500,000 with 14 going on
to reach the coveted £1m
milestone. As for the current year, Driver Hire’s Franchise
Sales Director, John Warren says,
“A number of franchisees
are now seeing record trading weeks and as business confidence
improves amongst our customers, demand for good quality temporary
staff will rise correspondingly. It’s good news for us and a
great time to invest. People close to our business can see
this and several Driver Hire franchises have recently been snapped
up by people with “inside knowledge”, either as
employees or through word-of mouth. Good quality franchises are
also achieving significant re-sale values”
Our Market
Driver
Hire is part of the £27bn UK private recruitment and staffing
industry. The market for temporary drivers alone is
estimated to be worth over £2bn, boosted by ever-increasing
customer demands for a flexible workforce solution and the massive
growth in on-line retailing which requires more delivery
drivers. If you need further confirmation, just stand
by the side of any busy road and note the volume and diversity of
commercial vehicles, ranging from articulated trucks through to
courier vans. Every single one is owned or operated by a current or
potential customer of Driver Hire and at some time or another most
of them will need a driver from us. Driver Hire is
perfectly placed to benefit from thisboom in demand.
Driver Hire’s commitment to quality and service is widely
acknowledged within the transport industry and is reinforced by our
rigorous business systems. Not only that, our drivers are also
recognized as best in class, sweeping theboard in the Recruitment and Employment
Confederation’s “Agency Driver of the Year”
awards in each of the last three years. In 2008 one of our drivers
went on to win the REC’s coveted “One in a
Million” Temporary Worker of the Year Award.
What Driver Hire can offer YOU
One thing is certain with Driver Hire – you’ll always
have a wealth of experience and know-how to call upon! Our
comprehensive support package will equip you with all the tools
that you’ll need to succeed, including: -
Pre-launch
support- We will
work closely with you at every stage in the process from helping
you decide whether this is the “right” business for you
through to the financial and legal aspects of your purchase,
business planning, finding and fitting-out premises and recruiting
staff.
Training - Once you are on
board then our 2-week Foundation Training course equips you with
the basic skills and knowledge to set up and run your franchise. This is supplemented by
regular training and up-dates in key areas of our business including sales, compliance and new
products and services.
Brand management - Because we
are acknowledged market leaders, the Driver Hire brand provides you
with a huge advantage over competitors within our sector. It is
supported by a wealth of centrally produced marketing and
promotional material, regular sales and marketing initiatives and
an in-house creative design team who will help with your own local
campaigns.
Technology and Innovation -
Our own industry-leading software package enables you to manage
your sales and day-to-day operations with maximum efficiency. We
can also offer a sophisticated Business Information System and a
website with your own micro-site and an integrated jobs board
helping you to recruit candidates on-line.
National Sales - Although
much of your business will be generated locally, larger customers
with nationwide depots will often prefer a central procurement
process. We therefore have an experienced National Sales team whose
role is to negotiate agreements with key national customers and
deliver business directly to you.
Dedicated Support- An experienced Area Development Manager
will be allocated to you, providing business advice, guidance and
help with generating sales in your area. Over 40 Head Office staff
are available to provide telephone and on-line support covering a
range of issues including legislative compliance, technical
matters, IT, employment, invoicing and factoring, finance and
payroll. In addition, our tele-appointing team can help arrange
those all-important business meetings with prospective
customers.
Conferences and Meetings -
One of the many benefits of joining a franchise organisation is the
opportunity to meet with fellow franchisees, share best practice and
learn from the experience of others. To this end, Driver Hire runs
regular regional franchisee meetings and bi-annual National
Conferences where you can network both formally and informally with
colleagues.
Investment and Rewards
The basic licence fee for a start-up franchise is £25,000
which includes pre-launch support, 2-weeks Foundation training for
you and your staff and initial marketing material. In addition you
will need to budget for additional business start-up expenditure
including furniture, equipment, signage and professional fees. We
therefore recommend a total start-up budget of £35,000 plus
some working capital. Our Regional Finance Manager will help you to
prepare 3-year forecasts.
The cost of a Driver Hire franchise re-sale will depend upon the
individual business, its trading history, profitability, current
trends and potential for future development. Historically prices
have ranged from £40,000 up to £500,000 and above for a
top-performing business.
Funding of up to 70% is available, subject to status from the
major banks, although you may need to offer security to guarantee
the loan. Alternatively the Enterprise Finance Guarantee Scheme may
be applicable. Driver Hire’s own Deferred Purchase Scheme
offers you the opportunity to purchase a new start with a deposit
and an unsecured loan repayable over two years.
The Driver Hire franchise model provides you with a proven system
and all the “tools” necessary to build a profitable
business. However, as with any other business, your individual
profitability will depend upon several factors, not least your own
effort and hard work, correct application of our system, commercial
skills, judgement and market conditions.
We would expect an established Driver Hire franchise to achieve
annual sales revenues of at least £750,000 with the potential
for sales significantly in excess of this figure. At this
level, net profits should be in the region of 13 to 15% although
will depend upon individual business mix, gross margins, overheads
and in particular, staff costs.
What we expect from YOU
Firstly, you don’t any previous
knowledge or experience in the transport or recruitment sectors to
become a successful Driver Hire franchisee – our training
will take care of that.
Far more important are good “people” skills, all-round
commercial acumen and the self-motivation and desire to build a
successful and profitable operation generating net earnings of
£100, 000 plus.
Because Driver Hire operates within a service-driven environment
we also need franchisees who are totally committed to providing the
very best level of customer service. By combining the Driver Hire
business system with your personal commitment, endeavour and
entrepreneurial spirit, you will be able to build a profitable
business with the prospect of an attractive capital gain upon
exit.
If you like the idea of going into business for yourself, but
not by yourself, then talk to Driver Hire without
delay!
Territories available
We currently have a number of franchise territories available in
key locations across the UK, including start-up franchises and
franchise re-sales i.e. established businesses offering an income
stream and cash flow from Day 1.
For more information please complete our online request form
below.
Read More About Driver Hire on our Franchise Blog
HGV
Recruitment Franchise News
The Next
Step
If you want to build a rewarding and profitable
franchise in this key B2B sector, and feel that you have the
necessary drive, motivation and discipline to work within the
Driver Hire franchise network, then we’d like to hear from
you.
To request a Franchise Information Pack please complete our online
request form below. Please also view our case studies and
news pages
We look forward to
hearing from you
