Utility 360 Launches New Franchise Business


Sep 04, 2018

Energy Management company searching for franchisees across the UK


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.

"Utility 360 is already one of the top energy management companies in the UK. However, we are always striving to improve and realised that we had a business extremely well suited to the franchise model," explains Michael Wood, Utility 360 Director of Franchising.

"We are now actively searching for franchisees from all around the UK. By giving franchisees the opportunity to run their own Utility 360 business, we feel it will give us far more reach and potentially enable us to grab a greater share of the market. Essentially, franchisees will work as intermediaries between Utility 360 customers and the utility suppliers, giving them the very best prices for their gas, electric and water. By using our bespoke 360 software, they will be able to source the best deals throughout the UK in minutes thus validating the huge savings that are on offer.

"Franchisees can also offer all businesses in their territory a completely free no obligation energy audit showing the huge savings that are available. Pricing in the business marketplace is both more complex and competitive than in the domestic market. Consequently, many businesses neither take the time nor use their resources to research the market for lower prices and value, despite potential savings of up to 40%. We strive for quality and integrity across everything we do. Our core values of caring, understanding, developing and rewarding exist throughout our business and include all our franchisees."

Michael adds: "Prospective franchisees will need to have good sales records and be excellent communicators.They will also have the determination to grow their own business and have the desire to always deliver excellence. A strong work ethic is a must as well as being a team player."

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.

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.

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