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Niche Renewable Energy Construction with Strong Recurring Revenue
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Strong service business to complement the construction
In business for over 17 years, this niche construction company specializes in the installation, implementation, and maintenance of technical monitoring systems for utility-scale renewable energy projects, with a primary focus on wind and solar energy infrastructure.
Growing Recurring Revenue division now drives 35% of company revenue, representing 60% of company EBITDA!
With operations based in the Midwest, the company is strategically located to efficiently serve renewable energy developers and power generation customers nationwide, providing critical construction services to support the growth of renewable energy infrastructure. Strong relationships with key players in the sector and a solid customer service reputation have positioned the company for further expansion into new markets.
Since 2021, the company has achieved 20% CAGR, driven by the expansion of their Service offerings (recurring revenue) and the growth of the renewable energy industry. In addition to the top line growth, EBITDA over the past five years has averaged 37% of revenue, with the most recent year at $2.1M.
Growing Recurring Revenue division now drives 35% of company revenue, representing 60% of company EBITDA!
With operations based in the Midwest, the company is strategically located to efficiently serve renewable energy developers and power generation customers nationwide, providing critical construction services to support the growth of renewable energy infrastructure. Strong relationships with key players in the sector and a solid customer service reputation have positioned the company for further expansion into new markets.
Since 2021, the company has achieved 20% CAGR, driven by the expansion of their Service offerings (recurring revenue) and the growth of the renewable energy industry. In addition to the top line growth, EBITDA over the past five years has averaged 37% of revenue, with the most recent year at $2.1M.
About the Business
- Years in Operation
- 18
- Employees
- 14
- Facilities & Assets
- 2400sqft building available for purchase or lease.
This business is relocatable.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 2,400
About the Sale
- Transition Support
- Owner will train and help with the transition for a negotiable period of time.
Listing Info
- ID
- 2242088
- Listing Views
- 3638
Listing ID: 2242088 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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