Fast Growing Full Service Solar Distributorship
Business Description
This full service solar distributor has experienced tremendous growth since inception in 2023. With nationwide shipping, they offer a full line of products that enable their customers to start, expand, or replace their solar footprint. Products include solar kits, inverters, batteries and chargers, solar panels sold individually and by the pallet, as well as mounting hardware and system components. 60-70% of their customers are DIY individuals who have some industry knowledge and install and service the products themselves. They also have seventy solar installers as customers and continue to expand their installer program. The business originated as a solar installer serving the local MI market and then in mid-2024 they turned their focus to national distribution which affords higher margins and does not require installation crews to service customers. They have recently achieved buying power from their suppliers and lowered their ad spending which will result increased profitability.
About the Business
- Years in Operation
- 2
- Employees
- 4
- Currently Relocatable
- Yes
- Facilities & Assets
- They moved into a new 12,333 square foot distribution facility in November 2024. It includes 1 dedicated dock, 3 shared docks and 2 offices. In addition they have shared communal space that includes a kitchen/break room, and bathroom. The shared space is in addition to their 12,333 square feet. The facility has security cameras and a sprinkler system. There will be some excess warehouse supplies that will be included with the business.
- Website
- https://synergybb.com/listings/fast-growing-full-service-solar-distributorship-m
- Market Outlook / Competition
- The company has earned a reputation in the solar industry for being a trusted supplier of a broad range of solar equipment. They have forged relationships with product manufacturers that have earned them competitive margins on their products. As the business grows, margins will continue to improve.
- Opportunities for Growth
- The company has recently expanded their offerings which should lead to increased revenue in 2025 and beyond. They are currently working with Shopify to set up their B2B priceing and website which which streamline customer order processing which will enable installers to easily place orders while lowering sales and service costs to process orders.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 12,333
About the Sale
- Seller Motivation
- The seller is pursuing another opportunity.
- Transition Support
- The seller will work with the buyer to ensure the continued success of the business.
Listing Info
- ID
- 2337291
- Listing Views
- 995
Listing ID: 2337291 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.
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