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- RE: Northern California Solar Panel Installation Company - Great Backlog Of Contracts! - SC2226
- Contact: Brett Sargent
Quick Facts
Asking Price: | $1,200,000 | |
Annual Revenue: | $1,140,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $270,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $500 | |
Real Estate: | Not Disclosed | |
Year Established: | 2007 | |
Employees: | 6 | |
BBN Listing #: | SB-57178 | |
Broker Reference #: | SACRACA002-57178 |
Business Overview:
This solar panel installation company is a Northern California Sub-Chapter S Corporation and has been in operation for the past 18 years. This company comes with over $2,000,000 in contracts to be executed, with this amount growing consistently and having a profit margin of 20%. Their focus is on residential and commercial solar installation and repair and services PG&E territories where solar is more lucrative for home owners and customer base is 99% cash buyers. Sellers operate the business remotely and have implemented a large amount of automation and utilize artificial intelligence to help with lead generation. A C10 license is required for this business. Throughout its history, the company has weathered challenges and policy changes in this industry that has leveled thousands of other companies. It’s unique focus on a market with high energy costs and disposable income has led to its resilience. In this market, the investment tax credit is a considered a “nice to have,” but not the driving factor in solar investment decisions >>Contact the Seller:
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Market Competition and Expansion:
The U.S. solar PV market size was estimated at $29.68 Billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 13.7% from 2023 to 2030. Favorable policies and incentive schemes at the state and federal levels coupled with decreasing prices of solar panels are expected to boost the market of solar PV in the U.S.Reason for Selling:
The Seller is selling to pursue other interests. Kindly ask the seller for more information.Additional Details:
- The property is Leased.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
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