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Speedy Freight

£ 38,500 Minimum Investment

Speedy Freight In Brief

  • Business Type

    Delivery & Haulage, Delivery Business services

  • Minimum Investment

    £ 38,500

  • BFA Member

    Yes

    What does it mean to be an official BFA Member?

About Speedy Freight

Speedy Freight is a UK company that was established in 2006 by Ian Southworth and Mike Le-Gallez.

The company grew and expanded rapidly, and the franchise network was launched in 2010. Speedy Freight now offers a range of same-day or 24-hour courier and delivery services to both private and corporate clients.

Unlike some other courier companies, Speedy Freight will collect, transport, and deliver packages of any size and weight. The company and its branches/franchisees deliver items anywhere in the UK and to Europe. The company has a very large network fleet and handles consignments that many other courier or freight companies can’t or won’t. The company prides itself on providing services that are both professional and cost-effective.

In order to handle the various types of loads, Speedy Freight has its own vehicles and access to a partner organisation’s vehicles that range in size from motorbikes to 44-ton trucks. Together they form a fleet that numbers in the region of 2,500 vehicles.

This makes it possible for Speedy Freight franchises to guarantee that items will be collected from the client within one hour of his or her request. Goods are delivered same-day within the UK and within 24-hours for consignments to Europe.

What services does Speedy Freight offer?

Essentially the company, through its branches or franchisees, provides a specialist freight service that is available 24-hours a day, seven days a week. Speedy Freight has a very large network of vehicles and handles consignments that many other couriers or freight companies don’t: abnormal, delicate, dangerous goods, fragile, hard to handle, heavy, high value, secure, and urgent or time-sensitive consignments. These can be delivered to anywhere in the UK and to Europe.

 

How does the Speedy Freight franchise model work?

Franchises are Speedy Direct branches. As a franchisee you would manage your own branch and the logistics of the deliveries; you won’t be doing any driving for collections or deliveries yourself. Your jobs are handling the logistics behind the collections and deliveries, dealing with customers, and generating sales and business.

You will be accessing the network of vehicles and the national accounts database - both of which enable new branches to get off the ground quickly. Furthermore, you will be given all the existing customers in the territory assigned to you. The back office functions including driver payroll, invoicing, etc are handled by head office, not you.

These factors are why the company states that they offer franchise holders/branch managers high-profit levels and minimum overheads.

 

How can I become a Speedy Freight franchisee?

If you are interested in becoming a Speedy Delivery franchisee you can complete the franchise pack request form on this website. Someone from the company will contact you to answer your questions and have an initial discussion. If both parties are still interested the rest of the process will follow.

 

How much does a Speedy Freight franchise cost?

The minimum investment for a franchise is £38,500 + VAT. The financial aspects of a Speedy Freight franchise will be discussed further with you during your application discussions.

 

What will I get from Speedy Freight for my investment?

In exchange for your investment, you will receive a range of features, benefits, and services:

 A franchise contract or agreement and a licence to trade under the Speedy Delivery brand

 Assistance to secure financing for your business if necessary. Given there is a proven business model, financial institutions are likely to offer up to 50 per cent funding

 A dedicated, exclusive territory

 Help with identifying suitable business premises (a small office)

 Training: you will receive four weeks of intensive, on-site training on systems and best practice for your launch and ongoing training

 Support: you will have access to ongoing support from the dedicated franchise support team

 Turnkey package: this consists of office furniture, a computer, software (Microsoft Office, the transport management system, and a booking system)

 Back-office services: you will have invoicing, credit control, etc provided by head office

 Set-up of a limited company, VAT registration, and an accounting solution for the first year

 Promotion: branded signage, marketing materials, a personalised website,

 Stationery and an Operations Manual.

 

What experience do I need to become a Speedy Freight franchisee?

No, you don’t need experience in the courier, delivery, or logistics businesses. However, you need managerial experience, a willingness to learn and adhere to the company’s business model, and the drive and commitment to run a successful business. Access to working capital is a big bonus.

 

Am I required to pay a franchise fee?

Yes. There is a royalty fee that you are required to pay that covers the back-office administrative assistance and services that you will receive.

 

Where does Speedy Freight operate?

Speedy Freight has branches/franchises across England, Scotland, Wales, and Ireland. There is also a national network of partners who work closely with the company.

 

Will I be able to get an area of my choice?

You would have to enquire directly with Speedy Freight in this regard.

 

What are the average earnings and profits which can be made from a Speedy Freight franchise?

According to the company, Speedy Freight franchisees can anticipate a gross annual profit of £45,000 in the first year, £80,000 in year two, and in excess of £110,000 in years thereafter.

 

Is income guaranteed?

As with any business, income is not guaranteed as it depends on several factors including the amount and quality of work done by the franchisee.

 

How soon will I start making money?

Speedy Freight indicates that most franchisees should see income and growth from the first week of operation.

 

What is not included when I purchase a Speedy Freight franchise?

You will be responsible for costs associated with securing your office premises and obviously ongoing monthly overheads such as rent, insurance, telephone and internet lines, etc are for your own account.

 

Is this the best courier and delivery franchise in the UK?

The company indicates that Speedy Freight is set apart from the competition because its drivers collect and deliver any size and weight package, have access to a very large network of vehicles and branches, are open seven days a week and 24-hours a day, have a proven business model, provide back-office services and access to a national sales database, and offer franchise holders ongoing support.

Interested in this franchise opportunity?

For additional information on Speedy Freight, simply send us an !

Speedy Freight

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Speedy Freight

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