Hot Listing
Solar Business for sale established 1997
Business Description
ACR Solar International Corp. is the outgrowth of a company Al Rich (Al) founded in 1979. It was incorporated as a ACR Solar International Corp. (ACR Solar) in 1997. ACR Solar has a storied history of “Quality, Value, and Integrity Since 1979.” It has helped hundreds of families slash their electricity costs, protect their homes, and empower their lives with solar and batteries. Customers have rated ACR Solar as a top service provider. ACR Solar has a sister company, ACR Roofing Systems. It also has manufacturing equipment to manufacture the “Skyline” solar water heater: www.solarroofs.com.
ACR Solar did $2,120,857 in business in 2024, down from a high of $4,552,338 in 2022. The company downsized in 2024 due to the need to recover from severe mismanagement by the previous CEO. The previous CEO assured Al that he could semi retire after 45 years in solar but failed causing Al, at 75, too had to take over Management of the business and keep it going because of the EIDL and other debt built up by the previous CEO's mismanagement.
There is a lot to unpack here. As majority owner, Al is open to any discussions as to good ways to move forward and is willing to stay on to help the new owners. Since placing this ad, Al has had numerous conversations with interested individuals', and it appears that most are interested in being partners which is a good option to discuss. The $100,000 listed as the asking price is a holding number as the total investment will need to be more for marketing, covering debt, and materials. The total funding would be far less that what has been invested to get the company to the point it is at and with the excellent team and reputation it has. A participating investor / manager is welcome. The goal is to, as quickly as possible, get ACR Solar back to being a highly profitable company.
ACR Solar did $2,120,857 in business in 2024, down from a high of $4,552,338 in 2022. The company downsized in 2024 due to the need to recover from severe mismanagement by the previous CEO. The previous CEO assured Al that he could semi retire after 45 years in solar but failed causing Al, at 75, too had to take over Management of the business and keep it going because of the EIDL and other debt built up by the previous CEO's mismanagement.
There is a lot to unpack here. As majority owner, Al is open to any discussions as to good ways to move forward and is willing to stay on to help the new owners. Since placing this ad, Al has had numerous conversations with interested individuals', and it appears that most are interested in being partners which is a good option to discuss. The $100,000 listed as the asking price is a holding number as the total investment will need to be more for marketing, covering debt, and materials. The total funding would be far less that what has been invested to get the company to the point it is at and with the excellent team and reputation it has. A participating investor / manager is welcome. The goal is to, as quickly as possible, get ACR Solar back to being a highly profitable company.
About the Business
- Years in Operation
- 28
- Facilities & Assets
- Established warehouse, full office and desks, computers, copier, etc, 2, Ford F250 Utility work trucks, 2 service trucks, 1 van, full stock or work tools and much more.
- Website
- https://acrsolar.com
- Market Outlook / Competition
- Competitive but ACR Solar has established market advantages
- Opportunities for Growth
- very high growth and expansion potential with new management
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 5,500
- Rent
- $5,400.00 per month
About the Sale
- Seller Motivation
- need to semi-retire after 46 years in solar
- Transition Support
- Al Rich will be available to fully train as well as his experienced staff
- Financing Options
- We are open to many different ways to make this work for you
Listing Info
- ID
- 2347942
- Listing Views
- 1499
Business Location
Listing ID: 2347942 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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