Residential Solar Energy Installation Sales

Not Disclosed, CA

Asking Price: Annual Revenue:
Not Disclosed $1,000,000

Services: Non-classifiable

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RE: Residential Solar Energy Installation Sales Broker: Tim Cunha
License #: BRE LIC # 01919755

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $1,000,000
Net Profit: $1,000,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 5
BBN Listing #: 165339224
Broker Reference #: 6029

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Business Overview:

This thriving business is the “concierge” for energy savings solutions.

The company uses proprietary formulas and processes to identify, solicit, and acquire the most likely prospective customers for residential solar installations. The company conducts free “no-obligation,” individualized home energy assessments, including an analysis of historical and current electricity usage cost. They identify various federal, state, local, and private programs that may underwrite most or all the cost of solar power equipment and installation. They then recommend a cost-saving course of action and refer homeowners to the appropriate solar equipment contractor to help lower utility costs.

They have already saved California residents many millions of dollars on their utility bills in a “green”, eco-friendly manner.

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Property Features and Assets:

The company refers to homeowners as “customers” even though the company paid commissions by solar equipment partner contractors. They operate with non-exclusive supplier contracts. While currently they are primarily using the installation services of one major provider, they are free to add as many more as they may choose. This business can expand beyond the Bay Area to most of California and to other states with favorable solar conditions and policies. Normalized for one owner-manager, the business generated seller’s discretionary earnings (“SDE”) of $614,000 on gross sales of $861,000. Revenues and net cash are expanding every month with 2021 expected to reach SDE well above $1,000,000.

Market Competition and Expansion:

The staff is comprised of five employees including the owner. Additional staff is being recruited and trained in the company’s proprietary methods and practices. Staff is able to work remotely, making employment that much more attractive in the post-Covid economy. The transaction will be for the entire business. Some seller financing may be available for a qualified buyer. We are looking for expressions of interest from buyers able to make and fund a multi-million dollar offer. Included are all intellectual property, contractual relationships, proprietary formulas and procedures, personnel, and sufficient training and transition time to allow for the smooth transfer to new ownership. The buyer may acquire the business as an asset purchase or as a purchase of corporate ownership at the buyer’s discretion and option. Detailed financial information and documentation, and the identity and location of the business will be disclosed only upon submission of a signed non-disclosure agreement (“NDA”) and a preliminary discussion with the broker. Exclusive Broker: Tim Cunha, J.D. Cal RE #01919755 Note: All data on this business are provided by the Seller for information purposes only, and no representations are made by the Broker as to accuracy. The Broker has made no independent verification of the data contained herein. The Broker represents the Seller and does NOT represent the Buyer. The Buyer is advised to perform independent due diligence and seek the advice of appropriate qualified professionals prior to purchasing the Business.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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