Solar Energy Company with High Backlog - Business for Sale
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Solar Energy Solutions Company in Springfield, IL
Springfield, IL, US
Added 1 month ago
Renewable Energy Solutions
18 years in business
Retiring Owner
This Springfield, Illinois-based renewable energy company provides solar consultation, site assessments, system design, project management, procurement, and ongoing energy management services to residential, small business, agricultural, non-profit, and municipal clients.
Key Information
Asking
$1.2M
Revenue
$1.7M
Earnings
$627K
Multiple
1.9x
Key Highlights
- Business was founded in 2008 and has been operating for 18 years
- Customer base is approximately 50% residential, 25% small businesses, and 25% agricultural producers
- Business operates from a leased office suite in Springfield, Illinois
- Staff includes a full-time project coordinator and a part-time diagnostic technician
- Seller is willing to remain involved for 1 year post-close and to carry 10% of the purchase price via a promissory note
Contact Info
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