Solar Energy Company with High Backlog
Founded in 2008 and headquartered in downtown Springfield,
Illinois, this well-established renewable energy company
provides end-to-end solutions including consultation, site
assessments, system design, project management, product
procurement, and ongoing energy management. The
business serves a balanced and diverse customer base, with
approximately 50% residential clients, 25% small businesses,
and 25% agricultural producers, along with experience
serving non-profits and municipal organizations. They have
experience 3 years of growth to the cash flow and maintains a
strong 37% profit margin. Operating from a leased office suite
with three private offices, the company is supported by a full
time project coordinator and a part-time diagnostic technician.
The current owner is actively involved in daily operations,
overseeing sales, administration, and strategic direction, and
is now preparing for retirement. To ensure a smooth
transition, the seller is willing to remain involved for 1 year
post-close and has offered to stay on as a consulting role
thereafter. Additionally, the seller is offering to carry 15% of
the purchase price, demonstrating strong confidence in the
company’s future.
With a purchase price of $1,250,000 and a low multiple of 2,
this business is poised and ready for a new owner to step in
and continue the operations. Significant growth opportunities
exist through geographic expansion, adding installation
crews, and bringing on dedicated outside sales talent.
Financials (USD)
Asking Price $1,250,000
Cash Flow $627,311
Sales $1,710,678
Deal Terms
Represented by broker? Yes
Buyer Fee? No
Seller Financing? Yes
Willing to co-broke? No
Principals only? Available On Request
Franchise? No
Management will stay? Yes
Relocatable? Yes
Real Estate? No
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