Solar Energy Company With High Backlog
Relocatable, IL Sangamon County
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- RE: Solar Energy Company With High Backlog
- Contact: Not Disclosed
Quick Facts
| Asking Price: | $1,250,000 | |
| Annual Revenue: | $1,710,678 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $627,311 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2008 | |
| Employees: | 2 | |
| BBN Listing #: | 1004172 | |
| Broker Reference #: | AGE019-D |
Business Overview:
Founded in 2008 and headquartered in downtown Springfield, Illinois, this well-established renewable energy company provides end-to-end solutions including consultation, site assessments, system design, project management, product procurement, and ongoing energy management. The business serves a balanced and diverse customer base, with approximately 50% residential clients, 25% small businesses, and 25% agricultural producers, along with experience serving non-profits and municipal organizations. They have experience 3 years of growth to the cash flow and maintains a strong 37% profit margin. Operating from a leased office suite with three private offices, the company is supported by a fulltime project coordinator and a part-time diagnostic technician. The current owner is actively involved in daily operations, overseeing sales, administration, and strategic direction, and is now preparing for retirement. To ensure a smooth transition, the seller is willing to remain involved for 1 year post-close and has offered to stay on as a consulting role thereafter. Additionally, the seller is offering to carry 15% of the purchase price, demonstrating strong confidence in the company’s future. With a purchase price of $1,250,000 and a low multiple of 2, this business is poised and ready for a new owner to step in and continue the operations. Significant growth opportunities exist through geographic expansion, adding installation crews, and bringing on dedicated outside sales talent.
Contact the Seller:
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Market Competition and Expansion:
Growth Opportunities: Geographical expansion, onboard additional installation crews, and bring on an outside sales associate
Reason for Selling:
Desires to go into politics or lobbying to help support the growth of renewable energy. Kindly ask the seller for more information.
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
Documents:
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