Solar and Electrical Service and Installation
Gross Revenue: | $1,500,000 |
EBITDA: | $454,000 |
The Company provides service and installation of solar photovoltaic systems as well as electrical contracting service and installation for residential (81%) and commercial (19%) clients, The Company primarily works for other businesses, who in turn serve residential market owners. Management estimates a 95% rate of repeat business. Operations are supported by eight full-time, non-union employees, including a master electrician and two apprentice electricians.
INVESTMENT APPEAL
• Superior Name and Reputation: The Company has built a satisfied and still-growing customer base and has an excellent reputation for its expertise and capabilities, quality work, fair pricing, and superior customer service levels.
• Authorized Dealer Relationships: The Company is an authorized/certified installer for Tesla, Generac, Enphase, SolarEdge, LG, and Panasonic Battery Systems.
• Attractive Market Demographics: The Company’s core market is forecast to continue growing and surpass the 4 million-resident threshold in 2025 — an 18.9% increase since 2015.
• Strong Revenue Projections: The Company is currently tracking to reach $1.5 million in revenue in 2024. Management expected this trend to continue during the pro forma period.