Summary
- Asking price:
-
£119,500
- Sales revenue:
- £500k < 1m
- Net profit:
- £100k < 250k
- Franchise opportunity:
- Yes
- Years established:
- 13
- Employees:
- 3
- Relocatable:
- This business can be relocated.
Business description
County Business Sales are delighted to offer for sale this established Drver Hire Franchise business. The business, located close to a major commercial centre, and currently operating from a self-contained freehold property, has been trading for 13 years specialising in the recruitment and supply of commercial contract drivers to an impressive client base of regular customers through a mix of Class 1,2, 7.5 tonne and van drivers. An early viewing of this established business is highly recommended.
Property information
- Property:
- Leasehold
- Lease terms:
- The business currently operates from a freehold property which is available by separate negotiation at an asking price of £150,000 additional to the purchase price of the business. Alternatively the Vendor may offer a lease on the current offices at a rental of £10,000 pa with terms to be agreed or the purchaser may elect to relocate to alternative premises within the area.
- Location:
- The business is located in Lincolnshire close to a major commercial centre including retail stores and commercial trading estates and is central to its franchise territory with an extensive base of current and potential clients for its services.
Other information
- Expansion potential:
- There is significant opportunity to further expand the business by increasing the customer base and the number of drivers available. As there is continued commercial expansion in the area covered by this franchise operation there in an increasing size of potential market still to be addressed.
- Competition / Market:
- This Driver Hire Franchise is part of a market leading brand within a national network. Whilst it is a competitive market it has the advantage of a strong and established brand, a supportive franchisor with established business systems and a commitment to meeting latest compliance standards.
- Support & training:
- The vendor will offer hand over support to the purchcaser and there will be a full training provided by the Franchisor
- Reasons for selling:
- The business is now for sale because the vendor has decided to concentrate on other business interests
- Trading hours:
- 8.30 am to 5.30 pm Mon - Fri + 24 hour on call rota