Green Energy with KC Based Solar Power Business
No Labor or self-performing, Seller will carry 25%!
They have over $3MM in backlog projects expected to be completed in 2023. Established in 2011 this business has a well-established crew consisting of 6 core employees: 1 project manager, 1 project coordinator/client liaison, 2 business development associates, 1 sales manager, and 1 outside sales rep. This solar energy business sells solar power equipment and coordinates installation, they do not self-perform any installation labor. In August of 2022, the Senate passed a bill that would provide major tax credits for renewable energy which would directly benefit the new owner. Additionally, the continued push for green energy will call for organic growth in this industry. This business solely focuses on Solar Power Equipment Sales and Coordination of Installation with no labor or self-preformed installation. Due to their business model, they can work with commercial businesses, industrial municipalities, agricultural farms, nonprofit organizations, and schools. With very low equipment CapEx while allowing them to operate in Missouri, Iowa, Kansas, and Illinois with the potential for regional expansion with emphasis on municipal contracts.
The current owner actively operates the company, including financial management and some business development but has offered to stay with the company for 2-3 years in order to provide a smooth transition/training period. The current owner is looking to sell this business in order to plan for retirement and is willing to carry 25% of the purchase in order to show good faith in the continued success of this company. Priced at $7,800,000 this business has a great outlook when it comes to scalability as well as vertical growth! A new owner will have everything needed to allow this business to continue to succeed including a diverse client base, a reliable staff, a passionate owner ready to offer years of experience, and continual organic and driven growth opportunities.
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