Solar Energy Systems and Solutions Plus

Devlin, ON
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Asking Price:$1,350,000
Gross Revenue:$1,393,000
Cash Flow:$543,675
Established Year:2012
BUSINESS DESCRIPTION

This company designs and installs sustainable Solar Energy Solutions and Systems for both on-grid and off-grid applications, offers Comprehensive Electrical Services from installation to repairs and maintenance, and specializes in Energy Efficient Upgrades for residential and commercial properties.
The company provides North Western Ontario with sustainable solar solutions for homes and cabins with complete off-grid installations and reliable battery systems, harnessing renewable energy for sustainable and independent living. They have installed hundreds of systems across North Western Ontario. The business is home-based, they own the facility and it is not part of the business sale. This business began as a sole proprietorship in 2012 and incorporated in 2021. In the spring of 2021 the owner left his full-time job to further grow their side business. Within 2 years, the company's gross sales rose from around $150,000 per annum to $1.5Million and now employs 2 full time employees. They hired a master electrician and the business became an electrical contractor in 2022. They are a licensed electrical contracting company which allows them to complete all aspects of their projects.


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Employees
2
Facilities
Following the sale, the business will require another location.
Competition
Any competitors are over 2 hours away. This company has been established for over a decade and are well-known and trusted in the area. They are also a licensed electrical contracting company which allows them to complete all aspects of their projects.
Growth & Expansion
Huge potential exists in the electrical side and energy efficiency fields. There are also lots of opportunities to offer add-on services to customers such as opening and closing solar systems and cabins.
Support & Training
Owner is willing to train a new owner for up to 2 years, if required.
Reason for Selling
Owners moving closer to family to pursue other interests.
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Khaled
Baranbo
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Khaled Baranbo