High-Growth Solar EPC & O&M Contractor - $12.3M Rev, $2.3M Adj EBITDA
Business Description
556% Two-Year Growth, 5.0-Star Reviewed, Recurring Service Contracts
Project Marvel is an opportunity to acquire a licensed solar installation, operations, and maintenance contractor serving the Washington D.C., Maryland, and Pennsylvania market. Founded in 2022, the Company scaled from $1.87M in revenue to $12.27M in 2025, a 556% increase, producing $2.3M in FY2025 adjusted EBITDA.
Most competitors are one-crew installers or small shops; this Company is a fully built, licensed, 42-person platform (59 with contractors). A VP of Operations runs field deployment, client delivery, vendor relationships, and Operations & Maintenance. The VP holds the qualifications behind the Company's licensing, and is expected to stay beyond a sale. The owner's role is strategy and business development, fillable with a hired GM. On execution and licensing, a buyer acquires a platform, not a job.
Revenue grew from $1.87M (2023) to $5.02M (2024) to $12.27M (2025), a 156% compound annual growth rate, on $4.83M of gross profit at a 39.4% gross margin. The pace has accelerated into 2026: through the first five months (January to May), the Company recorded $11.25M in revenue, nearly matching full-year 2025 revenue in five months and marking the strongest revenue pace in its history. The 2026 trajectory continues to compound off the 2025 base.
Revenue spans three channels: residential solar (52% of 2025 revenue), commercial solar (43%), and an O&M service book (6%). O&M, covering preventive maintenance, monitoring, and repairs on installed systems, grew from $208K (2024) to $702K (2025). A signed preventive-maintenance contract covers over 50 commercial sites across multiple institutional portfolios, and such contracts typically renew and expand as portfolios grow.
The advantages are structural. Licensing requirements across its operating states create a meaningful barrier to entry. Unlike competitors who rely on subcontracted labor, the Company runs a captive W-2 workforce, gaining scheduling control, quality, and margin retention. It also holds a 5-star rating across verified customer reviews including Google; praised for speed, communication, and pricing versus national chains. Demand in its core markets rests on state policy: each operating state carries aggressive renewable mandates that sustain commercial demand independent of federal credits, and projects that begin construction by July 4, 2026 retain federal ITC/PTC eligibility under current grandfathering rules.
Growth to date used levers a new owner has not yet pulled. The Company scaled to $12.27M almost entirely on referrals, reputation, and owner relationships, without a structured sales or business development function, proof of real demand and a brand that sells itself. The most obvious lever is therefore pure upside: a new owner who builds an outbound commercial BD engine adds a growth motor to a business that already compounds without one. Other levers: expanding the high-margin O&M book across the installed base, geographic expansion into adjacent states, and residential maintenance subscriptions attached at point of sale.
The $7,000,000 asking price is approximately 3.0x FY2025 adjusted EBITDA. The business is SBA-eligible, and seller financing is available to a strong, well-capitalized buyer. A structured 90-day transition (30 days shadowing, 30 joint, 30 buyer-led) preserves continuity, with the management team in place.
Project Marvel is a licensed, profitable solar platform with recurring service revenue, a defensible market position, a management team that stays, and triple-digit growth that continues to compound. A rare fit for a strategic acquirer, an independent sponsor, or an operator stepping into a built platform. Full detail and company identity are available under NDA.
Most competitors are one-crew installers or small shops; this Company is a fully built, licensed, 42-person platform (59 with contractors). A VP of Operations runs field deployment, client delivery, vendor relationships, and Operations & Maintenance. The VP holds the qualifications behind the Company's licensing, and is expected to stay beyond a sale. The owner's role is strategy and business development, fillable with a hired GM. On execution and licensing, a buyer acquires a platform, not a job.
Revenue grew from $1.87M (2023) to $5.02M (2024) to $12.27M (2025), a 156% compound annual growth rate, on $4.83M of gross profit at a 39.4% gross margin. The pace has accelerated into 2026: through the first five months (January to May), the Company recorded $11.25M in revenue, nearly matching full-year 2025 revenue in five months and marking the strongest revenue pace in its history. The 2026 trajectory continues to compound off the 2025 base.
Revenue spans three channels: residential solar (52% of 2025 revenue), commercial solar (43%), and an O&M service book (6%). O&M, covering preventive maintenance, monitoring, and repairs on installed systems, grew from $208K (2024) to $702K (2025). A signed preventive-maintenance contract covers over 50 commercial sites across multiple institutional portfolios, and such contracts typically renew and expand as portfolios grow.
The advantages are structural. Licensing requirements across its operating states create a meaningful barrier to entry. Unlike competitors who rely on subcontracted labor, the Company runs a captive W-2 workforce, gaining scheduling control, quality, and margin retention. It also holds a 5-star rating across verified customer reviews including Google; praised for speed, communication, and pricing versus national chains. Demand in its core markets rests on state policy: each operating state carries aggressive renewable mandates that sustain commercial demand independent of federal credits, and projects that begin construction by July 4, 2026 retain federal ITC/PTC eligibility under current grandfathering rules.
Growth to date used levers a new owner has not yet pulled. The Company scaled to $12.27M almost entirely on referrals, reputation, and owner relationships, without a structured sales or business development function, proof of real demand and a brand that sells itself. The most obvious lever is therefore pure upside: a new owner who builds an outbound commercial BD engine adds a growth motor to a business that already compounds without one. Other levers: expanding the high-margin O&M book across the installed base, geographic expansion into adjacent states, and residential maintenance subscriptions attached at point of sale.
The $7,000,000 asking price is approximately 3.0x FY2025 adjusted EBITDA. The business is SBA-eligible, and seller financing is available to a strong, well-capitalized buyer. A structured 90-day transition (30 days shadowing, 30 joint, 30 buyer-led) preserves continuity, with the management team in place.
Project Marvel is a licensed, profitable solar platform with recurring service revenue, a defensible market position, a management team that stays, and triple-digit growth that continues to compound. A rare fit for a strategic acquirer, an independent sponsor, or an operator stepping into a built platform. Full detail and company identity are available under NDA.
About the Business
- Years in Operation
- 4
- Employees
- 59 (42 Full-time, 17 Contractors)
- Facilities & Assets
- The sale includes a complete, turnkey field-services platform: leased warehouse and office facilities in the North East, MD corridor; a full fleet of service and installation vehicles (Ford F-150s, F-250s, Transit vans, and support vehicles); warehouse inventory, tools, racking, and installation equipment; and all proprietary SOPs, project files, and client relationships.
The business holds DC Electrical License #EM40000400 plus active Maryland and Pennsylvania credentials, a meaningful regulatory asset that transfers with the operation. A 42-person W-2 workforce (59 total including contractors), spanning licensed electricians, installers, surveyors, project managers, and a dedicated O&M service team, conveys with the business.
Three years of QuickBooks financial history and documented systems are available in the data room. - Market Outlook / Competition
- Most competitors across the Company's operating states are one-crew installers or small shops; a fully built, licensed, 42-person platform with a captive W-2 workforce is rare at this size. Licensing requirements across DC, MD, and PA create a meaningful barrier to entry. Demand rests on state policy: each operating state carries aggressive renewable mandates that sustain commercial demand independent of federal credits, and projects that begin construction by July 4, 2026 retain federal ITC/PTC eligibility under current grandfathering rules. The Company holds a 5-star rating across verified customer reviews and wins on speed, communication, and pricing versus national chains.
- Opportunities for Growth
- Growth to date used levers a new owner has not yet pulled. The Company scaled to $12.27M almost entirely on referrals, reputation, and owner relationships, without a structured sales or business development function. The most obvious lever is pure upside: build an outbound commercial BD engine targeting property managers, affordable housing operators, and school systems, the Company's proven buyer profile. Other levers: expand the high-margin O&M book across the installed base of completed projects, geographic expansion into adjacent states on transferable licensing and crew infrastructure, and residential maintenance subscriptions attached at point of sale.
Real Estate
- Owned or Leased
- Leased
About the Sale
- Seller Motivation
- Founder is stepping away to pursue a lifelong goal of farm life with family.
- Transition Support
- The Company is built around a management team, not a single owner.
The VP of Operations leads day-to-day field execution and holds the operational qualifications underlying the company's licensing; he and the full management team are expected to remain through and beyond the transition.
The seller will provide a structured 60 to 90 day transition, with knowledge transfer covering operations, licensing, SOPs, vendor and client relationships, and pipeline management. Detailed SOPs, licensing documentation, and client relationships transfer with the business. Zastre & Co. coordinates the full transition process.
A buyer with operational or trades experience can be fully up to speed within the transition window, and seller financing is available to support a strong, well-capitalized buyer.
Listing Info
- ID
- 2523306
- Listing Views
Listing ID: 2523306 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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