Electrical business covering parts of Devon with 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 covering parts of Devon with loyal client base
Photo of Electrical business covering parts of Devon with loyal client base
Photo of Electrical business covering parts of Devon with loyal client base
Photo of Electrical business covering parts of Devon with loyal client base

Overview

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

MM Electrical is a reputable provider of domestic and commercial electrical services in Torbay, Devon. Established in 2011, this thriving business has earned a stellar reputation for reliability, trustworthiness, and value for money. With a primarily word-of-mouth client base, MM Electrical has garnered a loyal following of over 200 domestic clients and approximately 25 commercial clients, predominantly hotels and B&Bs in the holiday resort area.

Specialising in electrical testing, repairs, and installations, MM Electrical caters to a diverse clientele spread across Torquay and its surrounding areas. With a high retention rate and a client base built on recommendations from satisfied customers, the business operates solely from the owner's home, ensuring low overheads and high flexibility in servicing its loyal customer base.

Potential avenues for growth include the establishment of an online presence through a website and social media channels, targeted marketing efforts such as leaflet drops and local publications, and listing on platforms like Check-a-Trade. With scope to expand services to include general home maintenance and the possibility of taking on staff or subcontractors, MM Electrical presents an appealing opportunity for new owners looking to capitalise on its established reputation and untapped growth potential.

Features

Key Information

  • Services Offered: Other

Location

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  • Home Based

Financial & More

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