Solar Company for Sale (owner financing available)
Business Description
Looking for a new opportunity with immediate cashflow, high margins, and passive recurring revenue streams?
Team Solar presents itself as the friendly neighborhood solar installer. We work with local businesses and homeowners to design and implement renewable energy systems that save our customers money. Team Solar is perfectly positioned for an owner operator with some reasonable business and sales skills to achieve high yearly earnings and cultivate a long term recurring revenue stream. Team Solar is available for purchase with low cost financing making it cashflow positive from day one.
An operator of team solar can expect to spend a small percentage of their weekly bandwidth managing existing customers and business operations and can spend the majority of their time growing the business (e.g. cultivating referrals, establishing new relationships, making sales). Team Solar has contracted engagements with local installers that completely service the installation process including engineering, utility interconnection, permits, installation, warranty claims, etc. There is no better feeling at the end of the day than knowing what you do to make a living helps save others money by promoting more sustainable energy.
The solar industry is rapidly growing in Maine and other nearby markets. The industry is recession proof with more customers seeking savings during economic downturns. The value proposition to customers is high and customer acquisition costs and competition are reasonably low. The business can operate on low fixed costs and margins for projects are high.
Team Solar has also cultivated a model that allows the business to cultivate a recurring revenue model. In addition to the margin for each project, Team Solar gets a recurring revenue from each project for as long as the solar system is in operation (approximately 30 years). The recurring revenue stream is truly passive and grows with each new project.
Team Solar has a high value CRM engine that manages the webpage, ads, email campaigns, project management, lead and contact management, and other business processes at no cost (Valued at more than $100k/yr).
The existing owner of Team Solar would be willing to stay on in an advisory capacity for a transition period at no cost.
Ownership of the existing recurring revenue stream is negotiable.
Team Solar presents itself as the friendly neighborhood solar installer. We work with local businesses and homeowners to design and implement renewable energy systems that save our customers money. Team Solar is perfectly positioned for an owner operator with some reasonable business and sales skills to achieve high yearly earnings and cultivate a long term recurring revenue stream. Team Solar is available for purchase with low cost financing making it cashflow positive from day one.
An operator of team solar can expect to spend a small percentage of their weekly bandwidth managing existing customers and business operations and can spend the majority of their time growing the business (e.g. cultivating referrals, establishing new relationships, making sales). Team Solar has contracted engagements with local installers that completely service the installation process including engineering, utility interconnection, permits, installation, warranty claims, etc. There is no better feeling at the end of the day than knowing what you do to make a living helps save others money by promoting more sustainable energy.
The solar industry is rapidly growing in Maine and other nearby markets. The industry is recession proof with more customers seeking savings during economic downturns. The value proposition to customers is high and customer acquisition costs and competition are reasonably low. The business can operate on low fixed costs and margins for projects are high.
Team Solar has also cultivated a model that allows the business to cultivate a recurring revenue model. In addition to the margin for each project, Team Solar gets a recurring revenue from each project for as long as the solar system is in operation (approximately 30 years). The recurring revenue stream is truly passive and grows with each new project.
Team Solar has a high value CRM engine that manages the webpage, ads, email campaigns, project management, lead and contact management, and other business processes at no cost (Valued at more than $100k/yr).
The existing owner of Team Solar would be willing to stay on in an advisory capacity for a transition period at no cost.
Ownership of the existing recurring revenue stream is negotiable.
About the Business
- Years in Operation
- 9
- Number of Employees
- 0
- Currently Home Based
- Yes
- Facilities & Assets
- CRM and Web Hosting - FREE (Valued at over $100,000/yr)
Manage the website, landing pages, ads, contact information, leads, project management all in one spot completely for free.This CRM tool can automate reminders and tasks for billing customers, it can let you know when a lead has converted on your ad or website, and it can create email and outreach campaigns to past customers to help generate more referrals. - Market Outlook / Competition
- There are currently roughly 1000 new solar installations per month in Maine. The existing capacity to service those new installations is barely satisfied. Competitors are booked 6-8 months out and take 30 days to get a proposal to customers. There is minimal effort in the market to generate interest and awareness of the benefits of solar across the state is low. There is a significant market growth opportunity for Team Solar in Maine and New England. Go to Market strategy available upon request.
- Opportunities for Growth
- While Team Solar is not strapped by the fixed costs of managing installation capacity (employed installers), there are significant growth opportunities. An owner could add to their suite of services by selling Energy Storage and Batteries, Heat Pumps, Roofs, and Tree Removal. These services create opportunity for cross sales and referrals. There is also opportunity to grow in new markets expanding to NH and MA. An owner could increase there sales staff, install capacity, or make more remote sales.
About the Sale
- Seller Motivation
- The current owner has taken a mission driven and prestigious position in energy
- Transition Support
- The current owner of the business would be able to stay on in an advisory capacity for 2 years to assist with the operations and transition. There are a number of sales training resources (videos and presentations), Marketing Strategies, and other materials that would be available.
Listing Info
- ID
- 2335784
- Listing Views
- 1328
Attached DocumentsAttachment Disclaimer
Listing ID: 2335784 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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