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- RE: Thriving Solar And Construction Business
- Contact: Dylan McGrath
Quick Facts
Asking Price: | $2,400,000 | |
Annual Revenue: | $12,303,749 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $2,309,034 | |
Total Debt: | Not Disclosed | |
FF&E: | $500,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2005 | |
Employees: | 46 | |
BBN Listing #: | 940674 | |
Broker Reference #: | 60198 |
Business Overview:
This thriving solar and construction business presents a remarkable opportunity for a savvy buyer seeking a lucrative venture. With a proven track record of success, the company specializes in solar sales, design, and installation services. They also have a full-service General Contracting arm that offers a variety of construction-related services.
In 2023, their Solar Revenue was approximately 75% with the remainder coming from construction jobs. They have a diverse service portfolio that includes both residential and commercial customers, and their reputation has resulted in a loyal customer base.
The Seller works in the business full-time, primarily focusing on Engineering Design/Construction, quality control on jobs, training and development, amongst other things. They also have 45 employees.
The Seller is willing to finance up to 30% of the sales price and is open to offering an earn out structure that would include him staying on post close to ensure 2024 revenue is similar to 2023.
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Property Features and Assets:
- Total rent: $8,000
- Square feet: 10,000
- Lease ends: 2027
Reason for Selling:
Seller can't keep up with the growth
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more California businesses for sale
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- Find a business broker
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