Utility 360 Launches New Franchise Business

August 15, 2018

Utility 360, one of the UK’s most successful business energy management companies, has launched a brand new franchise aimed at expanding its UK operation.

Utility 360 ensures all its customers get value for money on their energy expenditure, namely gas, electric and water. It believes in an honest, open approach and continually strives to provide the highest levels of customer service. The business, which is based in the North West of England, has built up strong relationships with all the major UK utility suppliers since its launch in 2010. This, along with its bespoke 360 software, enables the company to offer its customers the very best energy deals available.

In the first year of business a franchisee would be expected to generate a net profit of around half of their initial investment. By year 4 there is a net profit potential of £71,000+ per annum. These projections are based on actual performance from existing sub brokers with the Utility360 network and provide an indication of potential earnings.

Related: Home Services Franchise UK – Should You Buy UK Home Service Franchises?

Initial investment starts at £19,995 + VAT, and franchisees must have £10,000 in liquid funds. The franchisor will help you secure the rest of the funds required through available franchise financing routes. Franchisees will benefit from the trusted Utility 360 brand and be given their own exclusive territory. All investors will be put through an intensive induction programme and be supplied with ongoing training and support. Franchisees will also be given assistance with initial lead generation and access to Utility 360’s IT systems, including its bespoke 360 software.

Source: London Post