Successful CA Solar and Electrical Business
| Asking Price: | $2,999,000 |
| Gross Revenue: | $12,291,476 |
| Rent: | $22,000/Month |
| FF&E: | $1,300,552 |
| Cash Flow: | $605,321 |
| Inventory: | $20,000 |
| EBITDA: | $605,321 |
| Established Year: | 2004 |
We present an outstanding opportunity to acquire a well-established full-service solar energy company located in Northern California. The company boasts over 20 years of excellence in the solar industry, specializing in both residential and commercial solar energy solutions, including energy storage and EV charging. Known for its high-quality installations and exceptional customer service, this company is strategically positioned for significant growth in the rapidly expanding clean energy market.
Key Highlights
Strong Backlog Position
• Substantial backlog of $11 million. This backlog highlights the strong market demand and future revenue potential. It provides clear revenue visibility and demonstrates the company's operational efficiency and market reputation.
• Experienced Team: The company is supported by a team of skilled and certified technicians, ensuring top-tier service and customer satisfaction. Their expertise spans the installation and maintenance of solar systems, energy storage solutions, and EV chargers.
• Strong Market Position: With a robust reputation and a loyal customer base, the company is a recognized leader in its regional market. It serves a diverse clientele, from homeowners to businesses, contributing to a steady revenue stream.
• Growth Potential: The business is poised for growth, driven by increasing electricity costs, favorable government incentives, and a growing demand for clean energy solutions. The recent introduction of supportive policies such as the Inflation Reduction Act and local incentives further enhances its growth trajectory.
• Financial Performance: The company has demonstrated consistent financial performance with healthy profit margins and positive cash flow. It maintains a strong EBITDA, indicative of its operational efficiency and market competitiveness. Notably, 10% of its income is derived from electrical contracting jobs, adding another stable revenue stream. The business currently generates over $12 million in sales but has the team and capacity to achieve $20 million in sales by increasing sales efforts.
• Comprehensive Service Offering: The company provides a wide range of services including solar system design and installation, energy storage solutions, EV charging station installations, and electrical contracting. This comprehensive service portfolio ensures multiple revenue streams and customer engagement.
• Real Estate and Transition: The company owns its real estate, which will be leased to the new owner as part of the deal. Additionally, the current owner is willing to stay on during the transition period to ensure a smooth handover and continuity of operations.
• Strategic Location: Situated in Northern California, the company benefits from easy access to key markets and infrastructure, facilitating efficient operations and service delivery.
Investment Considerations
Investors will find this opportunity particularly appealing due to the company’s solid foundation, established market presence, and significant growth prospects. The combination of a highly experienced team, diverse service offerings, and strategic location makes this company a compelling acquisition target in the clean energy sector.
