Solar Electric Installation and Design Company in Northeast Ohio with Five Years of Project-Based Revenue Growth

Annual Revenue of $151,934 with Seller's Discretionary Earnings of $82,186 from Residential and Commercial Solar Installations Across Northeast and Southeast Ohio

Business Description

This solar installation company designs and installs custom solar electric power systems for residential and commercial clients across Northeast and Southeast Ohio. Each project begins with a site-specific design consultation and ends with a compliant, permitted installation. The company does not use standardized packages. Every system is sized and configured to the client's property, energy usage, and budget.

The company maintains an established supplier network that provides access to wholesale-competitive pricing on panels, racking components, and wiring. Inventory on hand includes $13,800 in racking components and wiring ready for active projects. All installations carry a one-year workmanship warranty and 25-year material warranties as standard.

Operations run from a leased office and a 30x40 storage facility. The business carries one employee. Overhead is low relative to revenue. The 54.1% SDE margin reflects a lean cost structure with no owned real estate and minimal fixed expenses.

A buyer acquires the supplier relationships, project pipeline, customer records, inventory, and FF&E. The business holds established compliance processes for Ohio electrical codes and permitting requirements across both service regions.

Business History

The company was founded in 2020 and has operated in the Northeast Ohio market for five years. The service area expanded from Stark County to include both Northeast and Southeast Ohio as client demand grew. Commercial system design was added to the residential installation base over that same period.

Revenue for 2024 reached $151,934 with SDE of $82,186. The business operates with one employee and a lean cost structure that has produced consistent profitability since its first year of operation.

Potential Growth and Expansion

The service area currently covers Northeast and Southeast Ohio. Geographic expansion into the Cleveland and Columbus metropolitan areas requires no additional equipment or facility investment.
Battery storage systems represent a growing add-on revenue stream. The existing supplier network supports battery storage procurement without new vendor relationships.
Maintenance and monitoring contracts are not currently offered. Adding annual service agreements to the existing client base creates recurring revenue from completed installations without acquiring new customers.
EV charging station installation is a direct extension of the existing electrical work competency. The market for residential and commercial EV charging infrastructure is expanding across Ohio.
Financing partnerships with solar lending programs allow clients to proceed without full upfront capital. Financing availability increases the addressable market and average project size.
Competitive Overview

The residential solar market reached $94.2 billion in 2024 and is growing at 7.9% annually. The solar installation sector added nearly 18 gigawatts of capacity in the first half of 2025 alone. Solar system costs have declined 70% since 2010, bringing installations within reach of mainstream residential and commercial buyers across all income segments.

Stark County and the surrounding Northeast Ohio market have limited local competition in the custom solar installation segment. National installers operate in the region but use standardized system designs and centralized project management. Local independent installers with custom design capability and direct client relationships occupy a distinct market position that national competitors do not replicate. The federal 30% investment tax credit continues to reduce net installation cost for buyers, supporting demand across all client segments.