Highly Rewarding Social Transport Business now Franchising in Stockton on Tees

  • Price: £30,000
  • Annual Net Profit: £175,000
  • Annual Turnover: £2,000,000
Stockton-On-Tees, Durham, England
Seller Ref:RF/HOB5-DB
For Sale

Highly Rewarding Social Transport Business now Franchising in Stockton on Tees

Stockton-On-Tees, Durham, England
Seller Ref:RF/HOB5-DB
  • Price: £30,000
  • Annual Net Profit: £175,000
  • Annual Turnover: £2,000,000

Description

Welcome to the Hobans Social Transportation franchise opportunity!

Currently, local authorities across the UK spend more than £3bn on providing personal transportation services to schools and for adult social care, with the demand growing every year.

There are several factors behind this such as increased diagnoses of special education needs, oversubscribed schools leading to longer distances and a legal obligation to ensure the safe transportation to school of every child in the UK. In addition, the ageing population means more adult social care appointments to the likes of dementia day care centres.

Hobans is inviting individuals to manage a team of drivers to get children to school in your area. There is profit potential for up to £200k once your area is established and Hobans will be the driving force in winning you 100% of your transport contracts.

How your Hobans franchise works

One of the most appealing aspects of this franchise is that Hobans are responsible for winning all your contracts with the Local Authorities. They will teach you everything they have learnt in the 7 territories that this business model has been deployed in. This includes how to recruit a pipeline of drivers and handling the day-to-day operation to ensure the service is delivered smoothly.

Hobans has years of experience in this sector (they recently celebrated their 100th birthday!) and they have thought of every detail. This includes their own pioneering app-based tracking system which will make your role even easier.

Based on the pilot areas so far we expect franchisees to make net profits up to £200,000 for one of our Platinum territories priced at £30k. For those wishing to dip their toes initially we have smaller territories at £10k and £20k.

Similarly, there is potential for more ambitious operators to buy neighbouring territories just as soon as their first is up and running. We are confident that a multi-territory operator can earn a 7-figure net profit margin and at the same time deliver a highly valued service to their community.

We can help fund your franchise

100% Unsecured Government Funding Is Available.

If you need access to external finance, we can help you through our association with Lime Licensing Group and their contacts with the Government start-up loans scheme. Funded through the British Business Bank this is an unsecured loan which can fund up to £25,000 per person involved in the business up to a maximum of £100,000. A key benefit of this type of funding is that it is unsecured which means your assets are always safe.

The franchise includes a comprehensive training and mentoring package which begins as soon as you are ready to commence business.

Training and support provided

Buying into a Hobans franchise means you immediately become our exclusive transportation supplier for a specific Local Authority. We continually bid for more driving contracts for you, ensuring all are at rates that fit the profitability model.

Hobans has a track record of success in the specialist transportation industry, with a system that can be replicated anywhere in the country. This means you can focus on delivering the high-quality service that Hobans is renowned for, without worrying about securing new business.

Our role is to teach you how to prepare, launch and establish your franchise. Even though our business appears a relatively simple format there are important lessons to learn. Your initial training will be for 4 days and part of this at our tech led head office in Newcastle Upon Tyne.

Find out more about joining our franchise network

There is so much we can tell you about Hobans Social Transport, so please fill in your details and we’ll send you some more information

Support and Training:
Full Training at Head office with ongoing support
Is this business relocatable:
No
Is this business home based:
Yes
Is stock included:
NA

Listed By:

If this business isn't quite right for you, click 'Show Similar Results' for others you may be interested in. If this is for you, enter your details below to enquire today, we'll show you more suggestions once you've sent your enquiry to this seller.

Show Similar Results

Schedule a Tour

Your information

Find out more about this business opportunity

Your Personal Details * Required Field

Would you like a free no-obligation discussion with a qualified finance provider who could help you to buy this business?
You must agree before submitting.

Find out more about this business opportunity

Compare listings

Compare
Send Enquiry