Solar Panel Installation (Origination and Sales) Company for sale

Asking Price$500,000

Cash Flow

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Solar Panel Installation (Origination and Sales) Company for sale


Asking Price$500,000

Cash Flow

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed


Seller Financing Available
Business Description
The company is an easy to run sales and origination company that contracts out solar installation and other services. You do not need to be an electrician or have technical installation experience.
The primary function of the company is to originate new deals and let our partners spend the time carrying out the services. There is very limited project management efforts or customer communication after the initial contract is executed. The business has a well organized and high performance CRM (for no cost) and a well cultivated suite of sophisticated and highly professional partners. Less than 5% of organizational time is spent on non business development activities.
The overhead of the company is extremely low. Primary expenses are basic insurance and general liability, proposal and documentation tools. (under $1000/mo).
The business operates at positive cash flow on a per project basis. We receive milestone payments prior to needing to pay for equipment or our contracted services.
Project margins are high. Residential projects yield $3000 - $12,000 per project and commercial projects are typically 5-10X residential. Projects also get a modest passive recurring revenue stream that will last for up to 30 years. Successful performance for 5 years can put the company in a highly profitable position from the passive income stream alone.

The company is an ideal fit for a buyer willing to be an owner operator. Buyers with any experience in sales or business development, or in growing sales or business development teams, will be a great fit for this business.

The high project margins can bring significant cash to the business in a short period of time while the recurring revenue provides stability ensuring your ability to cover fixed costs and salaries. The recurring revenue will also provide the business value for future sale or can provide opportunity for early retirement.
About the Business
Years in Operation
10
Employees
25 Contractors
Also supporting labor is performed through contracts
Currently Home Based
Yes
Facilities & Assets
The business can be operated from anywhere. Current residential and commercial business is operating in Maine and Massachusetts.
Website
https://teamsolar.us/
Market Outlook / Competition
Many markets (including Maine and Massachusetts) have established policy favoring the industry. There are several other established market players but the pool of new customers is growing.
New England's solar industry is experiencing rapid growth, with over 7,300 MW of installed capacity by the end of 2023, up from less than 80 MW in 2010. Massachusetts leads the region, with small-scale solar providing nearly 16% of its electricity generation. Capacity Growth: Total solar capacity is projected to nearly double over the next 10 years, exceeding 14,300 MW.
Small-Scale Dominance: New England is the only U.S. region where over 1 MW of solar is generated primarily by small-scale, behind-the-meter (BTM) systems rather than large installations.
Opportunities for Growth
Multiple growth and expansion strategies are available. Growth strategy 1: increase regional market share, 2. expand regionally, 3. expand services (e.g. roofs, energy storage, heat pumps, etc.).
About the Sale
Seller Motivation
Owner took a job for a mission based organization in market and has reduced time
Transition Support
Support and Training for all aspects of the industry and pathway to successful performance or the organization are available. Many cultivated resource and training materials are available and additional office hours available on negotiation.
Financing Options
1. Ability to assign a 30 year 3.5% note, 2. Earnout and other financing negotiable
Listing Info
ID
2497078
Listing Views
34

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Business Listed by: James Neal

Listing ID: 2497078 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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