Primary Category:Electrical Contractor Businesses for Sale
Secondary Category:Solar Contractor Businesses for Sale
FEATURING A COMPANY INVOLVED IN CUTTING EDGE TECHNOLOGY
BUSINESS CONCENTRATES ON SOLAR SALES, INSTALLION & ELECTRICAL CONTRACTOR
Service area is primarily Central California & Central Coast. A company that has a 45-year track record in business as a reputable local company. The Office & Showroom is located on a high traffic corner with good signage. Operating from a leased location featuring a 1,650 sq. ft. office space with a Solar Showroom, Conference Room, Breakroom and offices. There is an attached 3,300 sq. ft. Warehouse with a fenced yard and an additional shared fenced area with the other tenants for parking additional equipment.
Owners have taken a hands-off approach and run the business remotely and have successfully continued to grow and operate the business to perfection. This turnkey business has operations dialed in using a proven sales process, skilled, dedicated, long-term Management and tradesmen that take pride in their work. Solar installations are done with high quality workmanship, using high quality panels and a reputable solar brand. This is only available through a SunPower Dealer Partnership that provides many additional benefits.
This company is positioned for growth with established contractor relationships and a niche market combining electrical, solar & battery storage on new multi-family housing and construction projects to maximize profits as well as residential installations, commercial installations of both solar and battery storage systems. The growth potential for this business in this market is very high!
Services include commercial and residential electrical & solar, battery storage systems and emergency backup generators.
Electrical Projects include multi-family housing, medical offices, tenant improvements, public works and electrical for solar projects.
Residential Solar offering high end solar products, zero down lease and loans, installations include meter upgrades as needed with in-house electricians on rooftop, ground-mount, solar-carport, RV and shade structures & battery storage units.
Financial Information
$3,300,000
Asking Price
$1,089,000
Cash Flow
$5,960,000
Gross Revenue
On request
Down Payment
Business Location
City:
Central Valley of California
State:California
Reason for Sale
Retirement
Detailed information
Year Established:1978
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:Yes
SBA Prequalified:Yes
Part-Time Employees:N/A
Contractors:N/A
Owner Worked Hours/w:N/A
Adjusted EBITDA:
On request
Inventory Included: No
Inventory Value:
$200,000
Monthly Rent:
$6,000
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
N/A
Building Size: 2950
FF&E Included?: Yes
FF&E Value: $0
Training/Support
Seller will negotiate a transition period
Facilities
1,650 sqft Office Space, 1,300 sqft Warehouse with fenced yard.
Current rent is $6,000.00/month plus $475.00 Common Area Maintenance charges.
Office with a Warehouse in a multi-tenant building with a fenced area and a shared fenced area with other tenants.
Market Outlook/Competition
The business receives leads from Referrals, Solar Manufacturer, a fully optimized website using Google, SEO paid search, and some are self-generated. The close ratios are approximately 35-40% overall by the sales team. The Seller’s perform work in the central valley and central coast, with the marketing budget focused locally. They have stayed local focusing more on the Solar business. Expanding to the Central Coast and up to Fresno would definitely be a way to expand the business.
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