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Established Solar Power Sales and Installation Business

United States
Construction
Company Data
Price
$7.5M
34%
Revenue
$8.7M
Top 10%
Profit
$3.0M
2X
Business Overview
About the Company
Great opportunity to acquire an established Electrical Construction and Solar Power sales and installation company in Northwestern Arizona. This enterprise was started over 35 years ago as a small electrician business and has evolved into the largest Solar Power supplier in the region. Very experienced and well tenured team of salespeople, installers and office staff. A large fleet of vehicles and equipment comes with this sale. The seller also owns the office building and several storage locations which can be purchased in addition to the business or the Seller will create a lease for a new owner. The business has seen very strong growth over the past 3 years . Demand for commercial and non-profit projects is very high due to the extensions of renewable energy credits in the Inflation Reduction Act of 2023. The business has historically done over 95% residential but added more commercial projects that lifted the sales to over $8.7M and EBITDA to over $3M in 2023. The current trajectory indicates sales should exceed $10M in 2024. The ideal buyer is a large solar company that wants a presence in AZ, a Private Equity Group with a platform in renewable energy or a Holding company with assets in this space. SERIOUS BUYERS ONLY PLEASE. This business requires a Registrar of Contractors License, so an Ideal buyer should have some trade experience in Solar, Construction or Electrical. This is a confidential sale and all inquiring parties will be required to answer qualifying questions and complete a confidentiality agreement before receiving any more information.
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