Driver Hire announces joint venture franchises
During the summer, we announced the completion of three joint venture Driver Hire franchises in Liverpool, Doncaster and at its Maidstone & Medway office.
Our nationwide network of 101 offices mainly comprises fully-franchised businesses, however, we continue to operate a small number of company-owned offices.
Jane Hough, who was the manager at Driver Hire Liverpool, decided to take the plunge and become her own boss in June. She’s been joined in the business by her husband, John, who was an Area Development Manager for Driver Hire’s field-based franchise support team. “Driver Hire gave me the option to buy into the business at very favourable terms,” says Jane. “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’s 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. “I love working for Driver Hire,” says Steve. “I’m enjoying it even more now I am joint owner and a shareholder in the business.”
And last, but by no means least, is Pete Pimperton. Pete, who’s been with Driver Hire since 2013, was the manager at Driver Hire Doncaster when he was offered a joint venture opportunity at Maidstone & Medway. “My wife is originally from Sittingbourne, so the decision to move was a fairly easy one,” says Pete. “It’s a great opportunity and I’m really excited by it.”
Graham Duckworth, Driver Hire’s Franchise Sales Director added: “Joint ventures are generally only offered to people within the Driver Hire business. Joint venture partners become a joint shareholder and part-owner of the business, usually with Driver Hire initially retaining 51% of the business with opportunities for our partner to buy a greater share should they wish. They’ve worked extremely well at a number of other Driver Hire offices across our nationwide network. In each case our business partners have progressed from manager to a joint venture partnership and, eventually, have gone on to become very successful franchisees in their own right.”