This solar business has been providing sustainable energy
solutions to its clients within a 60-mile radius of Springfield.
With a diverse client base, including small businesses (25%),
residential clients (50%), and agricultural producers (25%),
this business has also worked with non-profits and municipal
clients. This reputable renewable energy company based in
Springfield, Illinois, established in 2008, offers a
comprehensive range of services, including consultation, site
assessment, system design, project management, product
procurement, and energy management. Operating from a
leased office suite in the heart of downtown Springfield, with
three offices. The company has a full-time project coordinator
and a part-time diagnostic technician on its team. The current
owner is involved in the day-to-day operations, providing
general oversight, high-level sales, and administrative
functions. The owner is planning to retire and is selling the
business. The seller has offered to remain active in the daily
operations for 6 months to 1 year post-close and is open to a
consultant role following this transition. To sweeten the deal
further, the seller has offered to carry 30% of the purchase
price to show their vested interest in the continued success of
the business moving forward. Growth opportunities include
geographical expansion to increase market presence,
onboarding additional installation crews and bringing an
outside sales person to the team. They carry a Women
Business Enterprise (WBE) designation, although the
designation is not required post-close as they do not focus on
public bid work.