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37475 - Specialty Trade Solar Power Design/install For Sale

Central California, California, US
Asking Price:
$1,000,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,872,400 (USD)
Cash Flow:
$303,100 (USD)

The company, founded in 2008, is an electrical contractor providing the design and installation of power systems (installed over 450), including complete solar electric power solutions for residential structures. Located in northern California, the company operates from a leased facility and warehouse. Offering these services requires a facility with storage space, equipment and trained personnel. The company has a proven track record, supported by its twelve years of ongoing operations. This NABCEP Certified business has ranked in the top 400 solar companies over the last 5 years. Current pipeline of 30 signed contracts valued in excess of $600,000. The Company is a certified installer of LG Chem battery backup systems. Revenues have been steadily increasing over the past 3 years due to an increase in demand for alternative energy and new home construction. Last year, the Company’s total revenue was roughly $1,000,000 with an SDE of $225k. The Company expects its revenues in 2020 to be in excess of $2 million. Future opportunities include new battery systems product lines to take advantage of increased consumer demand for battery backup systems to new and existing customers and increased power to existing customers to cope with increased power demand from EVs.

Property Information

Real Estate:

Lease

Size in square feet:
400

Business Operation

Expansion Potential:

PERFORMANCE:
2018 Revenue $1,075,900 with Owners Cash Flow of $236,600
2019 Revenue $1,872,400 with Owners Cash Flow of $303,100
2020 Projected Revenue $2,500,000 with Owners Cash Flow of $500,000

Reasons for selling:

Approaching retirement and/or pursuing other interests.

Trading hours:

Monday to Friday from 9AM - 6PM.

Employees:
3 nonunion.
Years established:
2008

Other Information

Support & training:

The owner will be available for a smooth transitioning.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Financing can be negotiable for the right buyer.

Furniture / Fixtures value:
$17,500 (USD) - included in the asking price
Relocatable:
This business can be relocated.

Contact Information

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