Successful Electrical Vehicle Charging Point Business for Sale

London
REF: INT1844

Asking Price:
£120,000
Annual Turnover:
£189,382
Annual Net Profit:
£76,206
REF: INT1844
Photo of Successful Electrical Vehicle Charging Point Business for Sale
Photo of Successful Electrical Vehicle Charging Point Business for Sale
Photo of Successful Electrical Vehicle Charging Point Business for Sale

Overview

Tenure:
Relocatable
Established:
2016
  • Excellent Reputation
  • Huge Growth Potential
  • Low Overheads
  • Equipment Included
  • Strong Supplier Relationships

This is a unique opportunity to acquire a highly reputable company, which supplies and installs electric vehicle charging points in homes and workplaces across London, Hertfordshire, and Essex.

The business was first established in 2016, with trading commencing fully in 2019. Since then, the company has operated successfully, whilst also gaining a loyal, repeat customer base and building up a brilliant reputation for their high-quality charging points.

The business (a registered UK trademark) was set up to be a front runner in the supply and installation of charge points for electric vehicles in a market with huge potential for further growth. They specialise in installing charge points in a variety of locations, including single dwellings, workplace locations, and communal parking areas for flats and developments.

More and more consumers are choosing to drive electric vehicles, so there is huge potential for growth with this business. In addition to this, by 2030 all new car sales should be electric, which should see a huge increase in trade for the company.

The business has also amassed many 5-star reviews online across Google and reviews.co.uk, which is a testament to the company's success and brilliant workmanship.

This brilliant business would be perfect for an electrical firm or electrician, looking to acquire a successful company.

The business is offered on a relocatable basis within the current area of operation, which should provide the new owner with a great deal of flexibility.

The existing customer database will be included in the sale, which generates leads for repairs, upgrades, relocation, and replacements. The business also has full IP rights on their name and website. This has been renewed up until 2031.

The business has strong relationships in place with charge point manufacturers and wholesalers, which could normally be hard to establish. These include unique partnerships with the likes of New motion EO Charging, Wall box,
Myenergi (Zappi), EV Box, Easee, Webasto, Andersen, and Hypervolt.

The current owner is happy to offer an initial transitional period, in order to ensure there is a smooth and efficient business handover.

This brilliant business would be perfect for an electrical firm or electrician, looking to acquire their own, successful company.

There is huge potential for growth with this business, as more and more consumers are opting to buy electric vehicles and install charging points. Also, as of 2030, the sale of petrol and diesel cars is set to be banned, with all new vehicles being electric. This should see a huge increase in trade for the industry, with plenty of new customers looking to install charging points.

Furthermore, the new owner could continue to raise brand awareness and grow the company’s online presence.

The business already has a brilliant, easy-to-use website and a popular following on social media, which act as an excellent sales window for the business. The website benefits from a large volume of organic traffic, naturally generating leads for the business. Alongside this, the new owner could boost website visits, by implementing paid search advertising.

Features

Reputation

  • Trustpilot: Excellent

Online Presence

Website: www.ucharge.co.uk

Location

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  • Home Based
  • Office Based
  • Limited Competition

Financial & More

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