Solar Roofing Company | California & Puerto Rico | Semi-Absentee Owner
Asking Price: | $3,300,000 |
Gross Revenue: | $2,100,833 |
Established Year: | 2020 |
Cash Flow: | $1,099,620 |
EBITDA: | $1,099,620 |
$15,000 Average Project Size | Strong Lead Gen Model
WebsiteClosers® presents a high growth Solar Power Company that provides solar energy systems and service to residents in California and Puerto Rico. They help homeowners and commercial property owners identify the benefits of “going solar”, help them design an energy efficient solar package that meets their needs given their particular home or building, install those packages, and then service them as needed.
While focused in California and Puerto Rico for most of their business, they are able to service solar contracts anywhere in the U.S. The company operates on 52% profit margins and sees an Average Contract Size of $15,000 per project.
The company has spent the past 5 years developing a well-earned reputation for high-quality roofing and electrical work, and their projects are bringing them plenty of new customers. The evidence of their great work can be seen in their 4.9/5 Google Reviews.
With an efficient and lean operations model, the business can move from contract signing to installation in roughly 6 weeks, then activate the system within two weeks. These streamlined projects have contributed to the company’s excellent reputation within the fast-growing Renewable Energy field.
Here are some KPIs for this business:
• Multistate Solar Power Company
• 52% Profit Margins
• $15,000 Average Project Size
• Low Owner Involvement
• Scalable Lead Generation Model
• Consistent Revenue
While the business primarily operates in California and Puerto Rico, they have the ability to quickly expand into other states. A large sales team of 15 contractors have experience in lead generation and finding new customers in need of solar-related services. With contractors handling the work assignments, the seller devotes as little as 5 hours per week to managing the company, and a full-time assistant serves as project manager. The new owner will also benefit from inheriting this company’s CRM system, designed to create seamless communication between the contractors, sales team and project managers.
The new owner will also inherit the company’s efficient digital marketing plan managed by a third-party agency with a low average cost per lead. With the solar energy market booming, the company has been able to successfully target those eager to get solar roofing while looking for a trusted business to handle the work. With plenty of opportunities for a 50-state expansion, this company is posed for sharp growth under a new owner.
Contact WebsiteClosers® today to learn more about this investment opportunity.
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