Profitable Solar Power Contractor

Not Disclosed, PA

Densley Populated Residential Communities Served

Asking Price: Annual Revenue:
Not Disclosed $3,718,613

Services: Construction, Contractors

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RE: Profitable Solar Power Contractor Broker: Susan Rosner

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $3,718,613
Net Profit: Not Disclosed
Cash Flow: $472,944
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2005
Employees: 14
BBN Listing #: 849529987
Broker Reference #: 14631407

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Business Overview:

This $3.7M solar power contractor provides design, installation, and service to both residential and commercial customers. This award-winning company has been at the forefront of the solar industry for 15 years. Its highly regarded reputation is a result of their expertise in the design and installation of solar solutions and their understanding of solar energy legislation and the rebates that result in cost savings for their clients.

The company has proven to be resistant to the economics of the pandemic. Sales for 2020 are projected to be on par with 2019. Throughout the early pandemic period, work that did not require entry into a customer’s property continued. In addition, the sales team continued to follow up with leads and proposals. By late summer, 2020 had been booked to capacity and the sale teams were contracting projects for 2021.

The company could easily expand its service offerings to include roofing, insulation, energy efficiency and weatherization, and additional electrical work. 10-year warranties are coming to an end on older solar systems, so adding service contracts as a source of recurring revenue is a natural extension to the company’s future business model.

An acquirer in a related business and with a passion for solar solutions can take this business to the next level with the assistance of the company’s loyal and experienced technical and administrative staff.

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Property Features and Assets:

The company operates out of a warehouse that is centrally located to its customers.

Market Competition and Expansion:

Competition: There is competition in the geographic area served. The company successfully competes based on customer service, quality, and responsiveness. Growth & Expansion: Public policy is driving the growth in renewable energy sources. The company’s ability to grow its current business is significant. Adding sales, marketing and technical capability is key to growth in the markets currently served as well as expanding into new markets.

Reason for Selling:

Owner wishes to retire.

Additional Details:

  • The property is leased.
  • 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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