Having over $14MM in backlog in 2023 and $30 million projected for 2023, this well-established business has a versatile crew consisting of 6 core employees: 1 Project Manager, 1 Client Liaison, 2 in Business Development, 1 Sales Manager, and 1 Sales Representative. This solar energy business sells solar power equipment and coordinates installation, they do not self-perform any installation labor. In August of 2022, the Senate passed a bill that would provide major tax credits for renewable energy which would directly benefit the new owner. Additionally, the continued push for green energy will call for organic growth in this industry. Due to their business model, they can work with commercial businesses, industrial municipalities, agricultural farms, nonprofit organizations, and schools. With very low equipment CapEx while allowing them to operate in Missouri, Iowa, Kansas, and Illinois with the potential for regional expansion with emphasis on municipal contracts.

The current owner actively operates the company, including financial management and some business development but has offered to stay with the company for 3 years in order to provide a smooth transition/training period. The current owner is looking to sell this business to a strategic growth buyer in order to add the business acumen needed to handle the massive upcoming growth. Owner would like to roll equity of 15% plus carry 30% of the purchase in order to show good faith in the continued success of this company. Priced at $12,000,000 this business has a great outlook when it comes to scalability as well as vertical growth!