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For Sale Solar Panel Sales, Service & Installation - Must See
Location Texas,United States
Asking Price Range < $250K
Gross Revenues $318000
Net Profit / Cash Flow $77000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2000
Number of Employees 4 - 5
Inventory $205,000 including $150,000 accounts receivables.
Relocatable Yes
Number of Employees 4 - 5
Real Estate Leased
Training The owner will remain for an agreed upon transition period to acclimate the new owner.
Reason for Sale Retire.
Description This for sale business offers sales, service and installations of some of the highest quality solar thermal and photovoltaic systems on the market. Most of the systems are set up to thermally heat swimming pools using totally renewable energy, which in the long run is more cost effective, better for the environment and requires relatively very little effort! With custom design and consulting for all the company's applications customers can get exactly what they're looking for in a solar system. Not only will they install and repair panels to heat outdoor and indoor pools, but they can also design them to heat water for a household, run an attic fan and much more.
Over thirteen years ago this business was started by a man looking for a solar system to heat his new pool, purchased to kick start his retirement. No one around would install such a system and so he decided to start a business providing this service, eventually going on to install over 1000 of these systems in this appropriately sunny area of Texas. The company has installed solar thermal and photovoltaic systems for Texas state schools and city buildings, personal residences and even military bases. With clientele all over this region of Texas the business is kept occupied with installations and repairs. The improving economy is leading to a recovery of the housing market and increase an in pool installations, making this business a sound investment for a new owner. The current owner is looking forward to retirement and hopes to find buyer with some basic knowledge in this field. Priced to sell and with a 30% federal tax credit for solar water heating a new owner couldn't hope to find a better time to purchase this business.
This business offer sales, installation and repairs of solar thermal and photovoltaic systems, 30% of which are commercial projects and 70% of which are residential applications. Asking $250K.
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