Energy Product Service, Distribution, and Installation Company

Description:
The company is an established energy services company that specializes in the distribution and installation of residential, commercial, and industrial energy-efficient lighting products. The company's main product offerings are LED fixtures, lamps, and associated services.

Key Aspects:
• Gross profit margins averaged 33.2% from 2020 through 2023
• $512k in secured backlog from purchase orders as of March 2024
• Both an energy services company and lighting product distributor
• Diversified revenue streams including various lighting products and lighting design services
• In operation for over 34 years
• Excellent reputation for quality and service while offering some of the most competitive rates in the area

Opportunities:
• Increase market share by expanding into different areas of the US
• Deploy a targeted marketing strategy to prepare for the upcoming rollout of electric vehicle charging stations
• Further develop the company's website to offer an online portal for customers to place orders

Headquartered:
• Northeast US

Current Markets:
• The company currently serves real estate management companies, property management companies, commercial and industrial properties, colleges/universities, healthcare facilities, electrical contractors, and multi-family properties primarily located in the Northeast US.

Real Estate:
• The company operates from a 30,000 sq. ft. facility leased from an affiliated entity. There is room to grow in the current location.

Shareholder Ownership:
• The company is owned by two shareholders; an active shareholder and a non-active shareholder. Both shareholders believe the company is in a position to expand and take advantage of growth opportunities in the industry. The shareholders are seeking to retire; however, the active shareholder is willing to remain with the company under new ownership for a transition period.