Midwest Solar Energy Franchise

Business Overview:

Are you passionate about sustainability and ready to take control of your financial future? This is an exciting opportunity to become a part of the renewable energy revolution by purchasing an existing solar energy franchise in the heart of the Midwest! The company originally franchised in 2020, but has more than 10 years of experience with solar sales and installation. The franchise is currently operating in 7 states. This opportunity includes ownership of five (5) franchise territories in the Midwest, comprised of more than 1,250,000 homes and businesses. In addition, a buyer has the exclusive option to sell solar installations across all territories in the United States, an advantage no longer available to franchisees purchasing new territories. Solar energy continues to play a significant role in meeting the demands for renewable energy sources. The World Energy Outlook anticipates that solar will account for 40% of all new power generation by the year 2030. Many states in the Midwest offer attractive incentives and policies to promote solar energy adoption. These include tax credits, rebates, net metering programs, and renewable energy standards, which make solar installations more financially appealing for both residential and commercial customers. 

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Property Features and Assets:

These five franchise territories were purchased in November of 2022. The Seller immediately launched an extensive marketing campaign, which included radio and television advertising, and made multiple sales within the first couple months of operation. Soon after, the Seller’s business partner decided to focus on another venture, and the Seller has opted to transition this opportunity to a new buyer. This opportunity includes five franchise territories in West Michigan, comprised of more than 1,250,000 homes and business. • The franchise offers a unique profit-sharing program for franchisees. In addition to sales and installation opportunities within the five territories, the Buyer will also have the ability to sell solar installations across the entire United States. • This existing franchise has “seller only” rights, all newly acquired franchisees are responsible for sales and installation. • All other franchise territories in Michigan and Indiana have already been acquired by other franchisees. 

Market Competition and Expansion:

The following growth strategies should be considered:

• Bolster sales staff
• Re-establish marketing campaigns and customer outreach strategies
• Educate potential customers on the potential tax and utility incentives
• Network with roofing businesses within the sales territories
• This business is an Ideal bolt-on acquisition for an existing roofing company

Reason for Selling:

Additional Details:

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