Northern California Solar Panel Installation Company - Great Backlog of Contracts! - SC2226

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Building & Construction Businesses for Sale

  • Primary Category: Electrical & Mechanical Businesses for Sale

This solar panel installation company is a Northern California Sub-Chapter S Corporation and has been in operation for the past 18 years. This company comes with over $2,000,000 in contracts to be executed, with this amount growing consistently and having a profit margin of 20%. Their focus is on residential and commercial solar installation and repair and services PG&E territories where solar is more lucrative for home owners and customer base is 99% cash buyers. Sellers operate the business remotely and have implemented a large amount of automation and utilize artificial intelligence to help with lead generation. A C10 license is required for this business.

Throughout its history, the company has weathered challenges and policy changes in this industry that has leveled thousands of other companies. It’s unique focus on a market with high energy costs and disposable income has led to its resilience. In this market, the investment tax credit is a considered a “nice to have,” but not the driving factor in solar investment decisions.

Financial Information

  • $1,200,000 Asking Price
  • $270,000 Cash Flow
  • $1,140,000 Gross Revenue
  • $1,200,000 Down Payment
  • On request Adjusted EBITDA

Business Location

  • City: Northern California
  • State: California

Reason for Sale

  • The Seller is selling to pursue other interests.

Detailed information

  • Year Established: 2007
  • Home Based: Yes
  • Franchise: No
  • Relocatable: Yes
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Full-Time Employees: 6
  • Part-Time Employees: N/A
  • Contractors: N/A
  • Owner Worked Hours/w: 20
  • Inventory Included: No
  • Inventory Value: N/A
  • Monthly Rent: $680
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Building Size: 200
  • FF&E Included?: Yes
  • FF&E Value: $500

Training/Support

  • The Seller is willing to provide training at 30 hours per week for 2 weeks for the new Owner. Additional training can be made available at a mutually agreed upon cost to the new Owner.

Market Outlook/Competition

  • The U.S. solar PV market size was estimated at $29.68 Billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 13.7% from 2023 to 2030. Favorable policies and incentive schemes at the state and federal levels coupled with decreasing prices of solar panels are expected to boost the market of solar PV in the U.S.
Business Listed by
image of Brett Sargent
Brett Sargent
Sunbelt of Sacramento
Email Brett
Show Phone Number
Listing ID
SACRACA002-57178
License Number
CA 02100708; NV 1003039

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