A Leader in Solar Energy Solutions in Michigan For Sale

Asking PriceNot Disclosed

Cash Flow
$448,209

EBITDA$264,029

Gross Revenue$2,792,437

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$358,000
Not included in asking price
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A Leader in Solar Energy Solutions in Michigan For Sale


Asking PriceNot Disclosed

Cash Flow
$448,209

EBITDA$264,029

Gross Revenue$2,792,437

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$358,000
Not included in asking price
Business Description
A Leader in Solar Energy Solutions – Powering the Future with Innovation and Proven Results
This Michigan-based renewable energy provider has over 40 years of industry experience, delivering turnkey residential and commercial solar energy systems through a vertically integrated model. By keeping engineering, sales, and installation in-house, the company reduces costs, maintains strict quality control, and ensures a seamless customer experience from consultation to commissioning.

A hallmark of its market advantage is proprietary equipment, a high-efficiency solar tracking system designed for space-constrained and challenging installations. This technology generates more power in less space than most fixed systems, enabling the business to serve the 10% of solar customers who would otherwise be unable to adopt traditional systems. Combined with its established service division, which also repairs and maintains systems installed by competitors, the company offers a rare blend of stability and scalable innovation.

Strong Financial Performance

Financial history underscores operational resilience. In 2024, the business generated $2.79 million in revenue, a 10.7% rebound from 2023’s dip to $2.52 million. Gross margins have improved steadily, rising from 57.4% in 2022 to 69.0% in 2024, reflecting effective cost control and operational efficiency. Seller’s Discretionary Earnings (SDE) reached $448,209 in 2024, recovering strongly from 2023’s $306,935, though still below the 2022 peak of $644,758.

EBITDA performance shows similar trends—$264,029 in 2024 compared to $121,126 in 2023—indicating improved profitability and cash flow generation. The ability to achieve these results while completing 90% of sales in cash demonstrates both strong customer trust and a financially healthy business model.

Growth Opportunities

This operation is well-positioned for significant expansion. Current activities are concentrated in Northern Michigan, leaving nearby metropolitan markets like Grand Rapids, Lansing, and even northern Indiana and Ohio open for strategic growth. Scaling the installation crew would immediately increase capacity and revenue. The service division offers high-margin potential, particularly if marketed aggressively to underserved areas.

Perhaps the most compelling growth lever lies in expanding financing options. By integrating solar loans, leasing, and Power Purchase Agreements (PPAs), the business could capture a broader customer base, especially larger residential and commercial clients who may not have immediate capital. The technology also presents national scalability through manufacturing expansion, licensing, or even a spinout as a standalone product line.

Trusted Brand, Recognized Excellence

The business’s reputation is reinforced by industry accolades, including being named “Best Contractor in the market area” by a popular Magazine. A robust five-month project backlog, coupled with high repeat business and referral rates, highlights the trust and loyalty it has built. Notable installations for top-tier clients showcase the ability to execute projects of varying scale and complexity.

Conclusion

This is a rare acquisition or partnership opportunity—combining a stable, cash-flowing core business with a proprietary technology platform capable of national expansion. Its proven financial track record, operational control, innovative product offering, and market reputation make it uniquely positioned for growth in the booming renewable energy sector. With rising energy costs and increasing demand for specialized solar solutions, this business is not just keeping pace with the industry—it’s setting the course for its future.
About the Business
Number of Employees
9
Real Estate
Owned or Leased
Owned
Not included in asking price
About the Sale
Seller Motivation
Retirement of Owners
Listing Info
ID
2400514
Listing Views
204

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Listing ID: 2400514 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.