Hot Listing
Solar Energy Company with High Backlog
Business Description
All installation labor is contracted out!
Founded in 2008 and headquartered in downtown Springfield,
Illinois, this well-established renewable energy company
provides end-to-end solutions including consultation, site
assessments, system design, project management, product
procurement, and ongoing energy management. The
business serves a balanced and diverse customer base, with
approximately 50% residential clients, 25% small businesses,
and 25% agricultural producers, along with experience
serving non-profits and municipal organizations. They have
experience 3 years of growth to the cash flow and maintains a
strong 37% profit margin. Operating from a leased office suite
with three private offices, the company is supported by a full
time project coordinator and a part-time diagnostic technician.
The current owner is actively involved in daily operations,
overseeing sales, administration, and strategic direction, and
is now preparing for retirement. To ensure a smooth
transition, the seller is willing to remain involved for 1 year
post-close and has offered to stay on as a consulting role
thereafter. Additionally, the seller is offering to carry 15% of
the purchase price, demonstrating strong confidence in the
company’s future.
With a purchase price of $1,250,000 and a low multiple of 2,
this business is poised and ready for a new owner to step in
and continue the operations. Significant growth opportunities
exist through geographic expansion, adding installation
crews, and bringing on dedicated outside sales talent.
Illinois, this well-established renewable energy company
provides end-to-end solutions including consultation, site
assessments, system design, project management, product
procurement, and ongoing energy management. The
business serves a balanced and diverse customer base, with
approximately 50% residential clients, 25% small businesses,
and 25% agricultural producers, along with experience
serving non-profits and municipal organizations. They have
experience 3 years of growth to the cash flow and maintains a
strong 37% profit margin. Operating from a leased office suite
with three private offices, the company is supported by a full
time project coordinator and a part-time diagnostic technician.
The current owner is actively involved in daily operations,
overseeing sales, administration, and strategic direction, and
is now preparing for retirement. To ensure a smooth
transition, the seller is willing to remain involved for 1 year
post-close and has offered to stay on as a consulting role
thereafter. Additionally, the seller is offering to carry 15% of
the purchase price, demonstrating strong confidence in the
company’s future.
With a purchase price of $1,250,000 and a low multiple of 2,
this business is poised and ready for a new owner to step in
and continue the operations. Significant growth opportunities
exist through geographic expansion, adding installation
crews, and bringing on dedicated outside sales talent.
About the Business
- Years in Operation
- 18
- Employees
- 12 (1 Full-time, 1 Part-time, 10 Contractors)
Full time project coordinator and a part time diagnostic technician. All labor - Currently Relocatable
- Yes
- Facilities & Assets
- Lease: Office suite with 3 open offices in the heart of
downtown - Opportunities for Growth
- Geographical expansion, onboard
additional installation crews, and bring on an outside sales
associate
About the Sale
- Seller Motivation
- Desires to go into politics or lobbying to help support the growth of renewabl
- Transition Support
- 1 year plus will continue as a
consultant as needed - Financing Options
- 15% Seller Financing $187,500
Listing Info
- ID
- 2458310
- Listing Views
- 37
Attached DocumentsAttachment Disclaimer
Listing ID: 2458310 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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