The business is an installer of photovoltaic solar systems for residential and commercial customers in California. Ancillary services include battery backup systems for residential and commercial customers.

Key Aspects:

· Consistent management of costs translating to an average gross profit margin of 35.9% from 2019 through 2022
· Highest rated solar company in the business’ geographic market due, in part, to impeccable client service
· Tenured, dedicated, and highly-experienced management and staff
· Investments in robust internal systems, such as Salesforce and other design & communication software, provides efficiencies & streamlined processes for business development, sales, administration, design, and permitting
· Strong reputation in the industry and served markets

Opportunities:

· Strong continued demand forecasted by industry experts in the US solar energy market, projected to reach $39.4 billion by 2028 with a CAGR of 13.7% from 2023 to 2028
· Invest in further marketing and advertising efforts to build industry and brand awareness leveraging past client referrals
· Continue to grow the business’ sales department to promote new business development
· Improve sales performance via ongoing training, detailed analysis on improvement of closing ratios, and increasing the attachment rate of back-up battery systems to solar sales
· Expand service area into adjacent geographic markets

Headquartered:

· Central California

Current Markets:

· The business currently serves the residential and commercial markets in the central California region. Commercial clients include wineries, fitness centers, hotels, agricultural farms, ranches, manufacturing shops, gas stations, and additional local businesses.

Real Estate:

· The business operates from a 10,000 square-foot facility leased from an unrelated third party. Approximately 4,000 square-feet is office space, and 6,000 square-feet is warehouse space. The space buildout is flexible and can be shifted easily to accommodate future needs.

Shareholder Objectives:

· Ownership is seeking an acquirer to assist with the business’ growth and allow for ownership to complete an eventual full exit. One shareholder is seeking retirement while the remaining two shareholders are open to various deal structures in order to facilitate a transaction.

Benchmark International

Benchmarks Exclusive Opportunities

Rapidly-Growing Solar Sales & Installation Company – BN000031926

Rapidly-Growing Solar Sales & Installation Company – BN000031926

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