Solar Energy Developer & Services - Two Entities
Business Description
Diversified Solar Energy Development Company - Strategic Acquisition Opportunity
This 10-Year established solar development company offers a niche combination of services to Illinois homes and businesses. In anticipation of Federal solar policy adjustments, the organization foundationally restructured in 2024, resulting in 50% revenue growth in 2025 (based on previous 3 year average). With $1.86M in annual revenue and $211K in cash flow, the business represents a perfect expansion opportunity for anyone looking to target a market with increasing demand. Illinois is one of the nation's top solar development states due to the robust Solar Renewable Energy Credit (SREC) & utility rebate program, with both programs including battery storage.
Complimentary Operations:
The foundational business operation is residential and commercial project development, with recent expansion to servicing and expanding 3rd party systems. The second entity, formed in 2024, offers strong diversification with contracted receivables, recurring revenue, and specialized/exclusive Illinois SREC services. This integration delivers low customer acquisition cost, better economics, and long-term stability.
Core Services:
• Project Development and Execution
• Incentive and Rebate Consulting
• Engineering and Design
• Installation Services
• System Monitoring and Maintenance
• Specialized Illinois Approved Vendor Services
Competitive Differentiators:
• Strong Regional Reputation and Customer Base
• Large & Complex Residential, Commercial, Energy Storage, Expansions
• Deep Expertise in Illinois Incentives (Illinois Shines & ComEd)
• Superior Local Service
• Organic Lead Generation Through Brand Reputation, Partners, and Referrals.
Market Advantages:
Operating in Illinois' top-tier solar market with strong demand, favorable state SREC policies, and substantial utility rebates.
Financial Highlights:
• Annual Revenue: $1,858,126
• Cash Flow (SDE): $210,940
• Referral-based customer acquisition
• Diversified revenue through sister company operations
• Minimal marketing costs
Expansion Opportunities:
• Third-party system services including repairs and maintenance
• Solar and storage system expansions and accessories
• Enhanced Illinois Shines services for specialized program channels
• Strategic team expansion for installation and service capabilities
• Continued market growth in Illinois' expanding solar sector
Operational Infrastructure:
2,000 square foot facility in Lake County, Illinois with lease through August 2026 at $1,700 monthly. Assets include $10,000 inventory and $40,000 in fixtures and equipment.
Ideal Buyer Profile:
Seeking strategic acquisition by established solar industry entity looking to enter or expand in Illinois market. Comprehensive transition support available for up to 12 months of training and consultation, with seller open to an ongoing role in sales development and partnerships.
Asking Price: $625,000 with seller financing available.
This 10-Year established solar development company offers a niche combination of services to Illinois homes and businesses. In anticipation of Federal solar policy adjustments, the organization foundationally restructured in 2024, resulting in 50% revenue growth in 2025 (based on previous 3 year average). With $1.86M in annual revenue and $211K in cash flow, the business represents a perfect expansion opportunity for anyone looking to target a market with increasing demand. Illinois is one of the nation's top solar development states due to the robust Solar Renewable Energy Credit (SREC) & utility rebate program, with both programs including battery storage.
Complimentary Operations:
The foundational business operation is residential and commercial project development, with recent expansion to servicing and expanding 3rd party systems. The second entity, formed in 2024, offers strong diversification with contracted receivables, recurring revenue, and specialized/exclusive Illinois SREC services. This integration delivers low customer acquisition cost, better economics, and long-term stability.
Core Services:
• Project Development and Execution
• Incentive and Rebate Consulting
• Engineering and Design
• Installation Services
• System Monitoring and Maintenance
• Specialized Illinois Approved Vendor Services
Competitive Differentiators:
• Strong Regional Reputation and Customer Base
• Large & Complex Residential, Commercial, Energy Storage, Expansions
• Deep Expertise in Illinois Incentives (Illinois Shines & ComEd)
• Superior Local Service
• Organic Lead Generation Through Brand Reputation, Partners, and Referrals.
Market Advantages:
Operating in Illinois' top-tier solar market with strong demand, favorable state SREC policies, and substantial utility rebates.
Financial Highlights:
• Annual Revenue: $1,858,126
• Cash Flow (SDE): $210,940
• Referral-based customer acquisition
• Diversified revenue through sister company operations
• Minimal marketing costs
Expansion Opportunities:
• Third-party system services including repairs and maintenance
• Solar and storage system expansions and accessories
• Enhanced Illinois Shines services for specialized program channels
• Strategic team expansion for installation and service capabilities
• Continued market growth in Illinois' expanding solar sector
Operational Infrastructure:
2,000 square foot facility in Lake County, Illinois with lease through August 2026 at $1,700 monthly. Assets include $10,000 inventory and $40,000 in fixtures and equipment.
Ideal Buyer Profile:
Seeking strategic acquisition by established solar industry entity looking to enter or expand in Illinois market. Comprehensive transition support available for up to 12 months of training and consultation, with seller open to an ongoing role in sales development and partnerships.
Asking Price: $625,000 with seller financing available.
About the Business
- Years in Operation
- 9
- Employees
- 2 Full-time
- Facilities & Assets
- 18' Box Truck w. new 2,000lb lift gate (2017 Isuzu)
Fork Lift
Pallet Racking
Miscellaneous Office Equipment - Market Outlook / Competition
- Illinois is considered a top-tier growth market for solar development due to the strong demand, state SREC incentive policy (Illinois Shines), and strong utility rebates. Our position in the marketplace is well diversified with the recent launch of our sister company which yields specialized pipeline revenue. The foundation of the operation is transparent, detail oriented, and customer focused. A large percentage of revenue is referral based, and almost zero advertising spend.
- Opportunities for Growth
- Continued expansion of services for 3rd party systems, such as repairs/maintenance, solar and storage expansions, and accessories.
Continued expansion of Illinois Shines Approved Vendor services for 3rd party systems for filing incentives through niche program channels (stranded customers, restitution program, and SREC adder programs).
Expansion of staff would likely be a small installation/service team and administration to build on the recent market expansion.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,000
- Rent
- $1,700.00 per month
About the Sale
- Seller Motivation
- The operation is ready for new leadership to expand on it's current position.
- Transition Support
- The preferred buyer is an entity already in the solar industry, either locally or out of state interested in expanding to Illinois. Owner is flexible to negotiate and accommodate support and training for up to 12 months. Additionally, the owner is open to staying within the organization managing sales developments & partnerships.
- Financing Options
- Seller Financing Available
Listing Info
- ID
- 2463472
- Listing Views
- 55
Listing ID: 2463472 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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