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A Driver Hire franchise’s average turnover currently exceeds £1.2 million – here’s how to invest

A Driver Hire franchise’s average turnover currently exceeds £1.2 million – here’s how to invest

Driver Hire offers prospective franchisees a successful, award-winning franchise model

In June 2019 Driver Hire was named the UK’s top franchise, winning the Franchisor of the Year Award at the annual British Franchise Association HSBC Franchise Awards - the second time it’s won the franchise industry’s top prize.

The event is the most prestigious in the franchising calendar and celebrates excellence in the industry. According to the bfa, those in the Franchisor of the Year category demonstrate: “A passion and commitment to ethical franchising” and: “Strong infrastructure and support for their network, ensuring franchisees have the best environment to succeed and reach their full potential.”

Driver Hire is a leading specialist logistics recruiter, supplying temporary and permanent staff across the UK. Franchisees enjoy a proven and robust model in a market with high and growing demand.

The average turnover of a single Driver Hire franchised unit currently exceeds £1.2 million and in 2018-19 two franchisees achieved turnovers of over £3 million. Average net profits for a Driver Hire franchise are over £140,000 per annum.

Business transformation

As well as its Franchisor of the Year Award, Driver Hire took a second bfa HSBC award as Uxbridge franchisee Ed Pockney won the Business Transformation category. Ed’s success reflects that of many franchisees in the Driver Hire network who have built multi-million-pound businesses through the powerful combination of the Driver Hire model and their own ambition, dedication and hard work.

Ed bought his Driver Hire business in November 2014 and today it’s one of the company’s top 20 performing offices, with an annual turnover in excess of £1.5 million. Before investing in his franchise, he had no previous transport and logistics recruitment experience, having spent 28 years working in the financial markets.

Ed says: “My previous experience showed me that it’s possible to build a new team and create a network of relationships and trust if the right ingredients are in place. Having met the support teams at Driver Hire head office and spoken with existing franchisees, I knew the combination of my personal skills and commitment, along with Driver Hire’s brand reputation and support, would be a powerful one.”

Outstanding record

Driver Hire’s recent award win is no flash in the pan, having achieved a Franchisor of the Year Award podium position six times, as well as being a finalist in 13 out of the last 14 years. It’s an outstanding record no other franchisor has matched.

Graham Duckworth, Driver Hire’s franchise sales director, says: “We’re looking for sales and customer service skills, leadership ability, drive and ambition.

“Whether buying an existing franchise or a greenfield site, any new business venture requires commitment and a strong work ethic. When the efforts of both franchisee and franchisor are aligned, our experience show it’s a recipe for success.”

At a glance Driver Hire Nationwide

Established: 1983
Number of franchised outlets: 93
Location of Units: nationwide
Investment range: £32,000-£500,000
Minimum required capital: £32,000 (start-up franchise fee)
Contact: Graham Duckworth 07787 141527

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