Electrical business in Devon with a loyal client base

Torquay, Devon
REF: INT3051

Asking Price:
£45,000
Annual Turnover:
£55,011
Annual Net Profit:
£30,159
REF: INT3051
Photo of Electrical business in Devon with a loyal client base
Photo of Electrical business in Devon with a loyal client base
Photo of Electrical business in Devon with a loyal client base
Photo of Electrical business in Devon with a loyal client base

Overview

Tenure:
Relocatable
Established:
2011
  • Excellent Reputation
  • Very Loyal Customer Base
  • Huge Growth Potential
  • Low Overheads

The Trusted Partner for Domestic and Commercial Electrical Solutions in Torbay, Devon

Specializing in electrical testing, repairs, and installations since its establishment in 2011, MM Electrical has become a cornerstone of the Torbay community, providing top-notch electrical services characterized by reliability, trustworthiness, and exceptional value.

With over a decade of experience, MM Electrical has developed a solid client base, including over 200 domestic clients and approximately 25 commercial clients. Their commercial clients predominantly consist of esteemed hotels and B&Bs in the resort area of Torbay. Their reputation has been built primarily through word-of-mouth, and their high customer retention rate is a testament to their commitment to quality and customer satisfaction.

MM Electrical is primed for significant growth and offers a range of potential avenues to expand its already successful business.

Currently, the business operates from the owner's home, which keeps their overheads low and makes it fully relocatable for the right buyer

Specialising in electrical testing, repairs, and installations, MM Electrical caters to a diverse clientele spread across Torquay and its surrounding areas. Catering to both domestic and commercial electrical work, they offer a range of services including installations, testing, and repairs. With a strong emphasis on customer satisfaction, they have built a solid reputation for reliability and high-quality service. The ideal buyer would have a background in electrical work or similar, ensuring they can maintain the high standards of service that clients expect. This business would also suit an investor with their own team who are looking for a profitable hands off business.

MM Electrical offers numerous opportunities for expansion. Establishing an online presence through a website and active social media channels can significantly enhance visibility and customer engagement. Targeted marketing efforts, such as leaflet drops and advertisements in local publications, can attract new clients within the community. Listing on reputable platforms like Check-a-Trade can further boost credibility and accessibility.

Expanding services to include general home maintenance and considering the addition of staff or additional subcontractors would increase operational capacity.

Location

Loading...
  • Home Based

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

Refine

Miles
£
£
£
£
Timed popup