Fast Growing Multi-State Solar Company

Business Overview:

This is a rare opportunity to acquire a rapidly growing, highly profitable solar energy business with a robust presence across multiple states. Founded in 2019 and acquired in 2022, this company specializes in solar energy installation and distribution, servicing residential markets with plans to expand into commercial projects. Operating in a thriving industry driven by increasing demand for renewable energy and government tax credits, the business is strategically positioned for sustained growth and market dominance.The company boasts a scalable infrastructure, strong systems, and processes that provide a competitive edge. It operates with three strategically located offices and a workforce of approximately 46 employees, supported by a seasoned leadership team committed to staying post-sale. The business generates consistent revenue through a proven direct sales strategy and is supported by partnerships with leading solar financing providers.With over $17.5 million in projected gross sales for 2024 and an EBITDA of $3.86 million, the company offers an attractive financial profile. Its recently launched distribution subsidiary further diversifies revenue streams, with an estimated $10 million in additional gross sales from solar equipment distribution. Key growth opportunities include penetrating new markets in California, Texas, and Michigan, expanding into commercial installations, and offering integrated battery storage solutions. The company’s minimal marketing efforts—focused primarily on SEO—indicate untapped potential for lead generation through targeted campaigns.This turnkey operation is ideal for buyers looking for a stable, scalable business in the high-demand renewable energy sector. The owner is seeking retirement, with a smooth transition plan in place to ensure the continued success of this dynamic enterprise. Don’t miss the chance to own a leading company in the booming solar energy market.

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