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Recruitment Business In Leeds For Sale

Leeds, West Yorkshire
Asking Price:
£225,000
Sales Revenue:
£500K - £1M
Cash Flow:
Available on request

Recruitment Business In Leeds (part Of Award-winning Franchise)

Driver Hire Leeds West is part of Driver Hire Nationwide: the UK's top franchise and bfa HSBC 2019 'Franchisor of the Year' award winner. A management franchise operating in the recruitment sector. This franchise resale is your opportunity to run a very successful and profitable recruitment business within the Leeds area, a territory which covers the following postcodes: LS1-6, 11-13, 16, 18, 19, 27, 28

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 is a very well-established business in the Leeds West area, supplying customers from 1992 to present. The current franchisee has successfully operated the business since May 2013 - generating an average annual turnover of £936,117, over the last 5 years.

The business generates excellent gross and net profits, and there’s still plenty of scope for growth.
According to https://www.leeds.gov.uk/business/leeds-economy “Leeds is the UK’s fastest growing city and is the main driver of a city region with a £64.6 billion economy. Financial and business services account for 38% of total output. Other key sectors include retail, leisure and the visitor economy, construction, manufacturing and the creative and digital industries.

In 2016, Leeds saw the fastest rate of private sector jobs growth of any UK city and has the highest ratio of public to private sector jobs of all the UK’s Core Cities. The city has the third largest jobs total by local authority area with 480,000 in employment and self-employment at the beginning of 2015. According to new data on business 'scale-ups' – companies which have achieved three years of 20% growth in revenues or employees – Leeds is one of the UK’s foremost centres for fast growing firms, behind only London and Cambridge.”

The Leeds West territory covers the busy industrial areas around Morley and Beeston, as well as Kirkstall and Headingley.

The franchisee is selling the goodwill and assets in order to retire.

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 six times award winner of a bfa HSBC Franchisor of the Year award, winning the top award in 2019 and 2006.

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 £400k, according to the 2018 bfa/ NatWest Franchise Survey.

Property Information

Property:

Leasehold

Location:

The office is well located in the LS11 postcode area and provides easy access via local roads and the M1/M62 for candidates to visit and register, and for the Leeds West team to visit customers.

Premises Details:

Based in the Brooklands Court Business Centre on Tunstall Road, the large office space has room for four desks and a separate area for drivers to register. Kitchen and toilet facilities are available in the premises.

Business Operation

Expansion Potential:

Whilst being an established office, there is still certainly plenty of scope for significant growth for Driver Hire Leeds West.
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 franchisee is selling the goodwill and assets in order to retire.

Trading hours:

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

Employees:
Driver Hire Leeds West is currently staffed by two directors of the franchise and one other employee.
Years established:
Driver Hire is a very well-established business in the Leeds West area, supplying customers from 1992 to present.

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-week training programme consisting of 2 weeks in a Driver Hire office and 2 weeks of intensive training at Driver Hire Group Services (with free accommodation); followed by a structured 6 months training programme, delivered in your office 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 six times bfa HSBC Franchisor of the Year award winner, winning the top award in 2019 and in 2006.

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

Driver Hire has been ranked as 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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Related Documents:
Relocatable:
This business can be relocated.

Contact Information

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