Established Solar Business for Sale

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RESIDENCIAL SOLAR BUSINESS FOR SALE
Asking Price:
$195,000

Gross Revenue:
$950,000
Cash Flow:
$175,000
EBITDA:
$665,000
Inventory:
$2,500
included in asking price

FF&E:
$45,000
included in asking price

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Business Description

The company provides photovoltaic solar energy for residential and light commercial customers.
The sale reps meet the customers, close the deal, then they design, get it permitted, file all appropriate forms with the utility companies and financing agencies and finally install the solar, finalize and commission the system.

About the Business

Year Established:
2006
Number of Employees:
4
Home Based:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1,500
Lease Amount/Mo.:
$1,375.00
Lease Expiration:
6/30/2019
Facilities:
The company has a 1500 S.F. of offices and warehouse, there are few PC and desks, some supplies, tools, parts, two vehicles and a forklift.
Website:
solarenergyexchange.net
Market Outlook/
Competition:
The market has a need for this type of business as every year the cost of electricity increases. Also, the State of California made it madentury that all brand new homes must have a minimum of a 3 kw solar system, on each home.
Growth & Expansion:
The growth expansion is good, as long as it is done slowly. The pros side of this business is that every home can use the product and Cons is the 10 year warranty on all parts, mandatory by the State of California.
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About the Sale

Reason For Selling:
Retiring.
Training/Support:
The owner will train the buyer for 30 to 45 days, 30 hrs per week. there will be a 6 months phone support as needed.

Listing Info

ID:
1398893
Ad Detail Views:
1373

Attached Files Attachment Disclaimer

  1`st quater P&L.pdf (17 KB)
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Business Listed by
Isaac Hamodot

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U.S. Census Data for Riverside County, CA
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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

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