Solar Panel Installation Company - SC2226

Business Overview:

Northern California Solar Panel Installation Company - Great Backlog of Contracts! - SC2226

Financial Information
Asking Price: $1,200,000
Cash Flow: $270,000
Gross Revenue: $1,140,000
Down Payment: $1,200,000

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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Property Features and Assets:

Business Location
City: Northern California
State: California

Reason for Sale
The Seller is selling to pursue other interests.

Detailed information
Year Established: 2007
Home Based: Yes
Franchise: No
Relocatable: Yes
Lender Prequalified: No
SBA Prequalified: No
Full-Time Employees: 6
Part-Time Employees: N/A
Contractors: N/A
Owner Worked Hours/w: 20
Adjusted EBITDA: On request
Inventory Included: No
Inventory Value: N/A
Monthly Rent: $680
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
Building Size: 200
FF&E Included?: Yes
FF&E Value: $500

Market Competition and Expansion:

Market Outlook/Competition
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.

Training/Support
The Seller is willing to provide training at 30 hours per week for 2 weeks for the new Owner. Additional training can be made available at a mutually agreed upon cost to the new Owner.

CA 02282967
NV B.1003039.LLC
NV BUSB.0007191

Reason for Selling:

The Seller is selling to pursue other interests.

Additional Details:

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