Solar Installation Coordination and Procurement
Business Description
Presenting a reputable renewable energy company based in
Springfield, Illinois, established in 2008. The company has
been providing sustainable energy solutions to its clients
within a 60-mile radius of Springfield. With a diverse client
base, including small businesses (25%), residential clients
(50%), and agricultural producers (25%), this business has
also worked with non-profits and municipal clients. With over
14 years of experience in the renewable energy sector, this
business has established a strong presence in the market.
Offering a comprehensive range of services, including
consultation, site assessment, system design, project
management, product procurement, and energy
management. Operating from a leased office suite in the
heart of downtown Springfield, with three open offices. The
company has a full-time project coordinator and a part-time
diagnostic technician on its team. The current owner is
involved in the day-to-day operations, providing general
oversight, high-level sales, and administrative functions. The
owner is planning to retire and is selling the business. The
seller has offered to remain active in the daily operations for 6
months to 1 year post-close and is open to a consultant role
following this transition. To sweeten the deal further, the seller
has offered to carry 20% of the purchase price to show their
vested interest in the continued success of the business
moving forward.
Priced at $1,800,000 a 10% down payment can return
$239,510 in the first year after debt payments. Growth
opportunities include geographical expansion to increase
market presence, onboarding additional installation crews and
bringing an outside sales person to the team. They carry a
Women Business Enterprise (WBE) designation, although the
designation is not required post-close as they do not focus on
public bid work.
Springfield, Illinois, established in 2008. The company has
been providing sustainable energy solutions to its clients
within a 60-mile radius of Springfield. With a diverse client
base, including small businesses (25%), residential clients
(50%), and agricultural producers (25%), this business has
also worked with non-profits and municipal clients. With over
14 years of experience in the renewable energy sector, this
business has established a strong presence in the market.
Offering a comprehensive range of services, including
consultation, site assessment, system design, project
management, product procurement, and energy
management. Operating from a leased office suite in the
heart of downtown Springfield, with three open offices. The
company has a full-time project coordinator and a part-time
diagnostic technician on its team. The current owner is
involved in the day-to-day operations, providing general
oversight, high-level sales, and administrative functions. The
owner is planning to retire and is selling the business. The
seller has offered to remain active in the daily operations for 6
months to 1 year post-close and is open to a consultant role
following this transition. To sweeten the deal further, the seller
has offered to carry 20% of the purchase price to show their
vested interest in the continued success of the business
moving forward.
Priced at $1,800,000 a 10% down payment can return
$239,510 in the first year after debt payments. Growth
opportunities include geographical expansion to increase
market presence, onboarding additional installation crews and
bringing an outside sales person to the team. They carry a
Women Business Enterprise (WBE) designation, although the
designation is not required post-close as they do not focus on
public bid work.
About the Business
- Years in Operation
- 17
- Number of Employees
- 2
- Facilities & Assets
- Equipment: $5,000 Very low CapEx
- Opportunities for Growth
- Growth Opportunities: Geographical expansion, onboard
additional installation crews, and bring on an outside sales
associate
About the Sale
- Seller Motivation
- Retirement planning
- Transition Support
- 6 months to 1 year
- Financing Options
- 20% Seller Financing $360,000
Listing Info
- ID
- 2374232
- Listing Views
- 748
Attached DocumentsAttachment Disclaimer
Listing ID: 2374232 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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