Meet the franchisees who went from employees to being in the driving seat
Transport chain Driver Hire has welcomed three joint ventures franchises; entrepreneurs who were inspired to invest their own money to run a business
Driver Hire has announced the completion of three joint venture franchises who all previously worked as employees for the brand but have decided to make the leap to running their own business – and tapping into potential revenues of up to £2.2m per annum.
Having previously supported franchisees while working for the transport and logistics recruitment chain, the joint venture owners in Liverpool, Doncaster and Maidstone & Meadway are now said to be “in the perfect position to benefit from huge potential rewards”.
Meet the joint venture franchises
Jane Hough, who was manager at Driver Hire Liverpool, decided to take the plunge and become her own boss for the franchise in June.
She’s been joined in the business by her husband, John Hough, who was formerly an area development manager for Driver Hire’s field-based franchise support team. Jane Hough comments:
“Driver Hire gave me the option to buy into the business at very favourable terms. I’ve enjoyed two successful years here and – with Liverpool on the up and up and a massive amount of investment going into the city – I think there’s plenty of scope for further growth.”
Meanwhile, Steve Bryan, who has had a lifetime’s experience in road transport, agreed a joint venture arrangement to take over at Driver Hire Doncaster.
Before joining the Driver Hire Bradford team in 2015, Steve had been in the armed services and then worked as a goods vehicle driver and later a transport planner before becoming a transport manager. Bryan asserts: “I’m enjoying it even more now I am joint owner and a shareholder in the business.”
Lastly, Pete Pimperton – who has been with Driver Hire as an employee since 2013 – will now be running the Maidstone & Medway office. He has said that franchising is “a great opportunity”.
The franchise opportunity
Established over 30 years ago, Driver Hire provides temporary and permanent drivers and other logistics staff to local and national organisations in both the public and private sector.
It operates over 100 franchises in the UK and Ireland and offers franchise packages at an average cost of £32,000 for a start-up opportunity and resale opportunities from £40,000 to £500,000.
Graham Duckworth, Driver Hire’s franchise sales director, said:
“Driver Hire’s nationwide network of 101 offices mainly comprises fully-franchised businesses, however it continues to operate a small number of company owned offices.
Joint ventures are somewhere between the two, with Driver Hire initially retaining 51% of the business. They are generally only offered to people within the Driver Hire business. As joint venture partners Jane, John, Steve and Pete become a joint shareholder and part-owner of the business. There are, of course, opportunities for the partners to buy a greater share should they wish.”
For information on franchising with Driver Hire, click here.