Designer, Installer, and Engineer of Solar Energy Systems
| Gross Revenue: | $20,172,918 |
| EBITDA: | $1,088,977 |
Description:
The Company specializes in engineering, procuring, constructing (EPC), and installing residential and commercial solar energy systems. Products are purchased from various manufacturers and the Company then builds, installs, and maintains the system. In addition, the Company also offers roofing and solar engineering services.
Key Aspects:
• Revenue has grown at a compound annual growth rate (CAGR) of 3.5% from 2020 to 2023 with gross profit margins averaging 27.8% during that same time period
• Adjusted EBITDA averaged over $1 million from 2020 to 2023
• The ownership of work product through an integrated service offering of engineering, design, installation, and roofing services
• Access to a proprietary referral network established by the Company to promote solar energy business development amongst construction industry leaders in the state
• In operation for many years with well-trained, experienced staff members and a strong reputation throughout the industry
• Founder and original owner is still working with the Company
Opportunities:
• Continue expanding the Company’s two subsidiaries to increase sales and customer base
• Implement a strategic marketing campaign to capitalize on the growing trend of electric vehicle (EV) popularity amongst consumers, which requires vehicle-to-grid and energy storage solutions
• Focus on expanding into other geographies for sales and installations
Headquartered:
• Southeast US
Current Markets:
• The Company serves the residential, commercial, and industrial markets, with projects spanning across North America and select locations in the Caribbean.
Real Estate:
• The Company operates from two facilities. One is currently leased from an unrelated third party and the other is owned by two of the three shareholders. The location owned by the two shareholders is not expected to be included in the sale of the Company.
Shareholder Ownership:
• The Company is owned by three shareholders, two of whom are active in the business. The shareholders are seeking a strategic partner to help further scale the Company and capitalize on the recent establishment of its subsidiaries.
