Solar Power Design, Installation & Service Company
Carbondale, CO Garfield County
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- RE: Solar Power Design, Installation & Service Company
- Contact: Andrew Spickert
Quick Facts
| Asking Price: | $600,000 | |
| Annual Revenue: | $1,200,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $170,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $100,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2003 | |
| Employees: | 7 | |
| BBN Listing #: | 1011937 | |
| Broker Reference #: | 202612 |
Business Overview:
Operating continuously since 2003, this company was founded to serve the PV market in the Roaring Fork Valley (Aspen to Glenwood Springs). Initially, government subsidies for renewable energies and energy efficiency captured customer interest nationally and locally. Today, homeowners pay less out of pocket without tax credits due to system prices having dropped faster than tax incentives have been reduced. At the same time, more efficient panels and inverter technology developed alongside utility interest in interconnection with decentralized sources of power generation. Today, the market for photovoltaics and battery storage systems is a vibrant and growing market encouraged by customer demand for green technologies, utility incentives and municipal policies requiring electrification and renewable energies in new construction. This company has built a strong reputation serving residential and commercial clients with turnkey solar solutions and battery storage systems.
Contact the Seller:
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Property Features and Assets:
The company leases approx. 1,200 sf of office space in Carbondale, CO, as well as a storage unit for spare parts accumulated from past jobs.
Market Competition and Expansion:
Competition: Three main competitors in the Roaring Fork Valley, in addition to Front Range companies. This company’s smaller size is both an advantage (more nimble, lower overhead) and disadvantage for large scale utility projects.
Growth and Expansion: The company has a website and places some Google Ads, but has relied more upon word-of-mouth and past customer referrals to fuel its growth. Scaling this business would be dependent on increased marketing, adding new technologies as they become available and/or expanding services offered and geography served.
Reason for Selling:
Retirement. 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
Relevant Links:
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