Sun Powered Profit, Step into the Renewable Energy Market!
Business Description
Transworld Business Advisors of Canton Exclusive
Exclusively offered by Transworld Business Advisors of Canton this solar electric power generation business stands as a testament to sustainable growth and innovation in renewable energy. It provides bespoke design and consultation services for residential and commercial solar installations, setting itself apart with a focus on client-specific solutions and a robust supplier network ensuring competitive pricing. With an impressive yearly revenue of $151,934 and a net income of $82,186 for the year 2024, this business boasts a growing client base acquired exclusively through word-of-mouth, owing to its exceptional service quality and minimal competition. Inventory includes high-quality solar panel racking components and wiring, valued at $13,800.
BUSINESS OVERVIEW Established solar installation company serving residential and commercial clients across Northeast and Southeast Ohio. Specializes in custom design and installation of solar electric power systems with personalized client experiences. Strong reputation built on word-of-mouth referrals demonstrates community trust and customer satisfaction.
INDUSTRY POSITION Operating in the solar installation sector, which grew by nearly 18 gigawatts in the first half of 2025. The residential solar market reached $94.2 billion in 2024 and continues expanding at 7.9% annually. Solar costs have dropped 70% since 2010, making installations accessible to mainstream residential and commercial markets.
LOCATION ADVANTAGE Strategically located minutes from downtown Canton and the Football Hall of Fame. Central position provides easy access to both Northeast and Southeast Ohio markets. Service area includes affluent communities like North Canton where median household income exceeds $72,000. Geographic positioning enables expansion into Cleveland and Columbus metropolitan areas.
TARGET MARKETS • Affluent homeowners aged 45-65 seeking long-term energy savings • Young urban professionals 25-40 prioritizing sustainability • Commercial property managers facing rising energy costs • Industrial facilities requiring cost-effective power solutions
COMPETITIVE ADVANTAGES • Personalized design approach versus competitors' standardized solutions • Extensive supplier network enabling wholesale-competitive pricing • Flexible service model allowing client involvement in installation process • Minimal direct competition in Stark County market • One-year workmanship warranty with 25-year material warranties
OPERATIONS Modest office space complemented by 30x40 storage facility houses specialized inventory for efficient operations. No real estate ownership keeps overhead manageable while maintaining service focus. All installations comply with electrical codes and industry regulations. Business adapts to evolving solar energy regulations with established compliance processes.
FINANCIAL OPPORTUNITY Ohio solar installations average $3.35 per watt with typical residential systems costing $33,142 before incentives. Federal 30% tax credit reduces customer cost to approximately $23,200 for average installation. Multiple revenue streams include residential custom installations, commercial system design, client-involved installation services, and ongoing maintenance opportunities.
GROWTH POTENTIAL Immediate opportunities include leveraging existing referral network and targeting affluent suburban markets. Mid-term expansion includes battery storage services, financing partnerships, and maintenance revenue streams. Long-term growth involves geographic expansion, EV charging installations, and utility-scale project development.
IDEAL BUYER PROFILE Experienced business operator or industry professional seeking established company in high-growth market. Background in construction, electrical work, or renewable energy preferred but not required. Strong local relationship-building skills essential for continued referral-based growth.
BUSINESS OVERVIEW Established solar installation company serving residential and commercial clients across Northeast and Southeast Ohio. Specializes in custom design and installation of solar electric power systems with personalized client experiences. Strong reputation built on word-of-mouth referrals demonstrates community trust and customer satisfaction.
INDUSTRY POSITION Operating in the solar installation sector, which grew by nearly 18 gigawatts in the first half of 2025. The residential solar market reached $94.2 billion in 2024 and continues expanding at 7.9% annually. Solar costs have dropped 70% since 2010, making installations accessible to mainstream residential and commercial markets.
LOCATION ADVANTAGE Strategically located minutes from downtown Canton and the Football Hall of Fame. Central position provides easy access to both Northeast and Southeast Ohio markets. Service area includes affluent communities like North Canton where median household income exceeds $72,000. Geographic positioning enables expansion into Cleveland and Columbus metropolitan areas.
TARGET MARKETS • Affluent homeowners aged 45-65 seeking long-term energy savings • Young urban professionals 25-40 prioritizing sustainability • Commercial property managers facing rising energy costs • Industrial facilities requiring cost-effective power solutions
COMPETITIVE ADVANTAGES • Personalized design approach versus competitors' standardized solutions • Extensive supplier network enabling wholesale-competitive pricing • Flexible service model allowing client involvement in installation process • Minimal direct competition in Stark County market • One-year workmanship warranty with 25-year material warranties
OPERATIONS Modest office space complemented by 30x40 storage facility houses specialized inventory for efficient operations. No real estate ownership keeps overhead manageable while maintaining service focus. All installations comply with electrical codes and industry regulations. Business adapts to evolving solar energy regulations with established compliance processes.
FINANCIAL OPPORTUNITY Ohio solar installations average $3.35 per watt with typical residential systems costing $33,142 before incentives. Federal 30% tax credit reduces customer cost to approximately $23,200 for average installation. Multiple revenue streams include residential custom installations, commercial system design, client-involved installation services, and ongoing maintenance opportunities.
GROWTH POTENTIAL Immediate opportunities include leveraging existing referral network and targeting affluent suburban markets. Mid-term expansion includes battery storage services, financing partnerships, and maintenance revenue streams. Long-term growth involves geographic expansion, EV charging installations, and utility-scale project development.
IDEAL BUYER PROFILE Experienced business operator or industry professional seeking established company in high-growth market. Background in construction, electrical work, or renewable energy preferred but not required. Strong local relationship-building skills essential for continued referral-based growth.
About the Business
- Years in Operation
- 5
- Employees
- 1
- Currently Home Based
- Yes
About the Sale
- Seller Motivation
- other ventures
- Transition Support
- 4 weeks
Listing Info
- ID
- 2329606
- Listing Views
- 903
Listing ID: 2329606 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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