Advanced Battery Backup For Solar Systems Manufacturer

Sacramento County, CA
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Asking Price:$500,000
Established Year:2021
BUSINESS DESCRIPTION

Solar energy is a key clean energy solution to reduce household energy costs, reduce reliance on fossil fuels, slow global warming, and transition into the new electric energy global economy. The California Solar Mandate requires all new homes in California to include solar systems. But what happens when the power goes out due to weather or accidents? Many solar systems come with back up battery systems but only come with 10 year warranties compared to the 20 year warranty offered by the solar manufacturers. Batteries are also limited in function due to temperature conditions. Not a problem in California, mostly. But what about worldwide?

Imagine having the solution to that problem! A backup battery system which can charge even in extreme temperature conditions and comes with a 20 year warranty. All based on advanced research, testing and development. A battery which is currently in use in dozens of homes today.

All products are engineered and assembled in the United States.

The Company currently has two claims that the United States Trademark and Patent Office recently deemed allowable.

With $6M+ invested into engineering, design, patents, certifications, facilities, staff, tooling, inventory and sales commitments to develop the proof-of-concept, the business is now seeking a buyer with better distribution, financing and marketing capabilities to take this technology to the global market. This may be a remarkable opportunity for a buyer with global distribution and marketing!

Keys to success include global market demand, an improved/better battery, award winning technology, ease of logistics, product diversity, multiple product offerings, a fully developed installer training program, tax benefits to consumers, certifications completed, potential military contract, backup power calculator and a long term cost benefit to the consumer.

For further information please submit any inquiry through this website. You will be required to complete a Non-Disclosure Agreement prior to receiving any additional information. Revenue is estimated. Financial information is only provided after the initial phone interview with the Regional Business Broker assigned to this listing. Images on this website are stock images and not actual images of the business. Broker, brokers agents and broker-associates, employees and all other affiliates of Broker have NOT verified any of the information provided here. By submitting your inquiry through this website, you are granting Broker permission to add you to Broker's email subscription list.


DETAILED INFORMATION
Location
Sacramento County, CA
Inventory
Not Included in asking price
Employees
3
Facilities
Current facility accommodates multiple stations for assembly.
Competition
There is a great opportunity for expansion, with potential contracts with the military. The product has features that are unique to the industry standard and allow for installation in regions in which competitors are unable to supply.
Growth & Expansion
There is fantastic opportunity for growth and may be a remarkable opportunity fora buyer with global distribution and marketing!
Support & Training
Owners are willing to provide a reasonable transition and training period for a new owner the terms of which shall be agreed to and defined in a Definitive Agreement (such as an Asset Purchase Agreement).
Reason for Selling
Owners are looking to focus on their other business ventures.
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Darrin
Davenport
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Darrin Davenport