Solar Energy Company for sale – Sold

Price: $1,300,000
Annual Revenue: $2,648,453 Net Cash Flow: $529,351
Construction Broome County, New York

This company has been sold. Please view our other Construction Companies for sale. And contact us if you want to sell your solar company.

The company sells, installs, and repairs solar electrical and hot water systems for both residential and commercial customers throughout NY, NJ, and PA.

Solar energy, installers of solar panels, Tesla Powerwall battery systems, heating and cooling, heat pumps, and EV charging stations.

The company has installed hundreds of residential solar energy systems and high-profile projects for numerous municipalities, communities, non-profits, schools, and universities. The company also offers financing and leasing options for its customers.

The company is one of the most stable and well-managed solar companies in the world, whose founder offers prestigious background and experience.

A loyal and highly skilled team of experts and installers.

Listing Details

FFE: $95,000(Included in Price)

Inventory: $20,000(Included in Price)

Reason For Sale: Retirement, moving onto other ventures.

Training & Support: As negotiated.

Operations

Employees: 10

Location

Square Footage: 4000

Facilities Information: Office and Shop. The owner will offer a favorable lease or the building can be purchased in a separate deal.

Additional Information

Potential Growth:

The solar industry has seen tremendous growth – 30 to 40% per year for many years. There are now 250,000 people employed in solar. The company continues to diversify, with a focus on the following current growth industries:

  • The installation of air-source heat pump heating & cooling systems, because they can easily be run on solar power.
  • The installation of electric vehicle charging stations.
  • The installation of Tesla Powerwall battery backup systems.

In addition, with people working from home during the pandemic, the demand for solar systems has been increasing. That, coupled with increased Federal incentives, has driven strong growth. New York and New Jersey both have a considerable amount of solar potential and have consistently been in the top 10 US solar markets.

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Michael Farruggia Senior M&A Broker

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