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Recruitment Business In Dundee For Sale

Dundee, Dundee City
Asking Price:
£100,000
Sales Revenue:
£500K - £1M
Cash Flow:
Available on request

Driver Hire Dundee & Perth is part of the national award-winning brand Driver Hire Nationwide, a management franchise operating in the recruitment sector.

This franchise resale is your opportunity to run a recruitment business within Dundee, a territory which covers the whole of the DD and PH postcode area.

As a Driver Hire business owner you'll specialise in providing staff to the transport & logistics sector, serving clients in both the private and public sector. Customer sectors are very wide-ranging and include, haulage, parcel delivery, retail, construction, oil and gas, recycling and local councils. The number of potential customers for our franchisees is huge. Essentially any company that operates a fleet of vehicles.
Driver Hire Dundee & Perth is very well established in the area, having supplied customers from 1999 to present. The current franchisee has run the business since August 2009 and is now looking to retire.

The Driver Hire Dundee & Perth territory is one of the largest in the Driver Hire network, and regularly exceeded £1m turnover, per annum. The business hasn’t performed quite as well over the last few years, but still generates good levels of sales and profits.

The franchisee currently operates the business with two experienced members of staff. It is likely any staff will wish to continue working for the new franchisee. The current franchisee will help facilitate a smooth handover and the level of handover support can be discussed and agreed.

Financial details will be provided on enquiry and profit figures once a non-disclosure agreement has been signed.

Established for over 30 years, Driver Hire's success as a franchised business is based upon a proven franchise formula which combines a market-leading brand name, robust business systems and comprehensive training and support. Driver Hire is also a five times award winner of a bfa HSBC Franchisor of the Year award, winning the bronze award in 2018.

In the 2018/19 financial year
• 53% of Driver Hire franchises achieved sales of over £1million
• 76% achieved sales of over £750,000
• 90% achieved sales of over £500,000
• The average franchise turnover (single unit) was £1,214,978

This is a great achievement when you consider that the franchise industry’s average turnover is currently £400,000, according to the 2018 bfa/ NatWest Franchise Survey.

Property information

Location:

The business operates from a first-floor office at 30 Whitehall Street, in Dundee, DD1 4AF.

Premises Details:

There is a main reception, kitchen and access to a large training suite. The office has four desks for the staff, a desk at the reception area where candidates are normally registered and interviewed, plus two candidate workstations.

Business Operation

Expansion Potential:

Whilst being an established office, there is still certainly plenty of scope for significant growth for Driver Hire Dundee & Perth
For example, the huge increase in home shopping has stimulated demand for multi-drop delivery drivers. In addition to supplying temporary drivers, Driver Hire franchisees can generate revenue from providing permanent staff, delivering classroom-based driver training and selling further complimentary products and services e.g. an online driving licence checker and online learning modules.

Competition / Market:

We operate in a competitive environment but the benefits of an extremely strong brand, a proven business process and central support combined with the hard work, motivation and commitment of the franchise owner provide a competitive edge that has seen Driver Hire consistently succeed where others have failed.

Reasons for selling:

The current franchisee has run the business since August 2009 and is now looking to retire.

Trading hours:

Usually 08.00 –16.30 office hours but 24/7 on-call provision is essential

Employees:
Driver Hire Dundee & Perth is currently staffed by the director of the franchise and two other employees
Years established:
Since 1999

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

When you start a franchise with Driver Hire you will sign a detailed franchise agreement. At Driver Hire the franchise agreement is for a period of 5 years and this can then be renewed every 5 years. Driver Hire does not charge a renewal franchise fee. The purpose of the agreement is to set out your rights and responsibilities and that of the franchisor.

Other Information

Support & training:

As you’d expect from a leading franchise, the franchisor provides you with a comprehensive support package, helping you to plan, launch and develop your business to its maximum potential.

The 4 to 6-week intensive Foundation Training provides an excellent starting base supplemented throughout your lifespan as a Driver Hire franchisee by ongoing development and training. This includes; a six-month franchise support programme as well as regular up-dates and networking opportunities.

Each franchisee is also allocated an Area Development Manager and can access a head office support team of over 80 staff working in marketing, national accounts, IT, finance, telesales and training.

Driver Hire is a five times bfa HSBC Franchisor of the Year award winner, including the Franchisor of the Year Bronze award in 2018.

In 2016 Driver Hire won the Franchise Marketing Awards for the 'Best Franchisee Marketing Support' award.

Driver Hire is ranked the top recruitment franchise in the Elite Franchise Top 100 list for 2018 and 2019.

Driver Hire is a full British Franchise Association member and Graham Duckworth, Driver Hire’s Franchise Sales Director holds the bfa’s ‘Qualified Franchise Professional’ certification.

Financing available:

Funding for Driver Hire franchises is available through all major banks, subject to status

Website:
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Relocatable:
This business can be relocated.

Contact Information

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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