“Over the five years through 2021-2025, industry revenue is expected to grow at a compound annual rate of 0.4% to reach £15.1 billion”.source
Franchising with Hire 2 You
Partner with Hire 2 You and become part of a thriving network of succesful businesses, which shows no sign of slowing down.
What will you need?
As a Franchisee you’ll need to make a significant up front financial investment, which means having at least *£200,000 in... unencumbered funds. You’ll also need to demonstrate you have the aptitude to work within our guidelines. Success is down to your hard work.
What you'll get
We’re proud of growing strength to strength and wish to offer you the opportunity to be part of a growing business with us know how, ... experience and knowledge.This opportunity is presented to you as a franchise for you to run and operate your own Hire 2 You business. Being classed as a priority business during the pandemic of COVID-19. We have continued to perform well and have not shown any signs of slowing down. We have noticed more demand in online deliveries and more contracts have been signed with Courier drivers, which makes part of our guaranteed income. Before you start, you’ll go through a comprehensive onsite training programme at a existing unit of Hire 2 You and we will aim to assist you throughout your journey.
Could I be a Franchisee?
The drive, ambition, and the can-do attitude is what we need, we accept a diverse range of personal and professional backgrounds who ... wish to own and operate their own business under our guidance.A dream is only a dream, but to make a reality of being your own boss you need to make the first steps in achieving what you want. Apply below for more details.
FILL IN THE APPLICATION FORM
Get ready to start your exciting journey of owning your own Car & Van Hire business. In order for us to see if you are the right candidate... for us, please fill in the application form and put your best foot forward and provide as much information about yourself as possible. All succesfull candidates will go through to the second stage.
GET READY FOR FUNDING WITH LENDERS
As a Franchisee you’ll need to make a significant up-front financial invest-ment, which means having at least *£170,000 in unencumbered funds... . You’ll also need to demonstrate you have the abiility to raise any more cap-ital required for your Hire business. Before signing as a franchisee we will need you to be approved by a lender alongside the proof of funding (bank statement showing at least 200,000 available funds) Please feel free to ask Hire 2 you for directon on funders and leasing com-panies.
SIGN THE FRANCHISE AGREEMENT
Congratulations if you have come through to the final stage, you are now ready to go through the franchise agreement with you franchise solicitor... and sign the franchise agreement and make payment of the franchise fee minus the deposit already paid. You can view a list of soliciotrs below that can assist alternatively you can find your own franchise solicitor. Having reached this stage you have displayed you have the right attitude and financial backing to open your own Hire 2 You centre. This stage is crucial as you also need to satisfy yourself this is the correct franchise for you. You can book a visit to an existing Hire 2 You centre and get a feel of what it takes on a day to day basis to run a Hire 2 Yiou centre. You will be expected to create a business plan as part of the franchise journey.
*FILL IN YOUR THE DETAILS BELOW TO RECIEVE A FRANCHISE BROCHURE
H 2 Y
HOW MUCH DOES A HIRE 2 YOU FRANCHISE COST
There is a one-off cost of a £13,000 franchise fee
You’ll get the support, the knowledge and experience, as well as operational manuals to run a HIRE 2 YOU franchise. From getting started, continuing to run and grow your business.
- An ongoing management fee of 6% of turnover
- Contribution to national marketing spend 2%
As a HIRE 2 YOU franchisee, you’ll be responsible for:
GUIDELINE REQUIREMENTS - ESTIMATED BREAKDOWN OF COSTS ONLY
- EXTERIOR SIGNAGE - £10,000
- INTERIOR SIGNAGE - £950
- VEHICLE GRAPHICS * 23 VEHICLES - £6,072.00
- DESK - £250
- OFFICE DECORATIONS - £850
- COMPUTER - £600
- PRINTER - £169.99
- PHONE - £49.99
- 4 DRAWER FILING CABINET - £91.25
- OFFICE CHAIRS - £200
- CUSTOMER CHAIRS - £129.99
- CABINET FOR CLEANING EQUIP - £200
- KEY CABINET - £50
- JET WASH - £750
- STAFF UNIFORM - £200
- * MINIMUM 16 VEHICLE PURCHASE - £123,500 (circa)
- CASHFLOW - £10,000
- LEGAL FEES - £500
- MARKETING COST - £2,500
Franchisee fee: £13,000 Total required: £170,063.22
Bank Funding or other Lending instititues can provide the additional vehicle leasing required to take you above the *minimum vehicles required. This will be subject to the bank or lending / vehicle finance institutes criteria. Hire 2 You assumes you will be able fund more vehicles, any prospective franchisee is to carry their own due diligence and cashflow planning and liase with their own banks or financial institutes approval, please speak to your local business bank branch, business manager for further information and eligibility