Highly profitable franchise business for sale in Leeds
OFFERS IN REGION OF £225,000
£500,000 - £1M
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.
For more information make a confidential enquiry below
Welcome to Chantry Group, a team of franchise professionals who are immensely passionate about helping both franchisors and franchisees grow their businesses.
We work closely with our clients helping to value, market and sell their businesses.
Established in 2007, the team have approaching 150 years combined UK franchise industry experience and are annually accredited at the highest level by the bfa (British Franchise Association) as professional advisors to the industry. So if you are looking to sell your franchise business – you’ve come to the right place.