Businesses For Sale

Business Type: 
Solar Energy Systems Design & Installation
Location: 
California
Asking Price: 
$CALL
Listing #: 
PCBB #342
Gross Sales: 
$5,000,000 - estimsted
Cash Flow: 
$700,000 - estimated
Summary: 
This decades old Solar Energy Systems Design and Installation company has tens of thousands of customers and very strong presence in the Southwest, all referral based. The company has a broad range of solar energy experience in residential, commercial, and government projects as well as long standing relationships with multiple industries with strategic partners. The ability is also in place to successfully leverage California Solar Initiative (AB2249) rebate program. One of the benefits is that the company is licensed in multiple states including California. The financials are solid with a strong balance sheet, solid working capital position, and healthy P & L. The current project pipeline is full through the first quarter of 2015. Revenues in 2014 were in the $5 million range and adjusted EBITDA was estimated at $700k and EBITDA margin at 9.5%. The 2015 projection is revenues of $5.5 million and adjusted EBITDA of $537k. (delete in yellow) Serious inquires only please. All prospective buyers will need to have strong financials and resources. Upon receipt of your inquiry we will forward our Disclosure package that will need to be signed and fully completed. General Information Facilities: Located in California. Due to the confidentiality additional information on the location and facilities will be provided upon Disclosure Package Growth and Expansion: The Company has a very successful history and large customer base with long standing relationships. Revenues in 2010 were $11 million plus and $8 million plus in 2012 so the opportunity is there to build the business to a high level Support/Training: Yes, the current owner is available to assist with the transition. Terms: Open, with reasonable cash at closing payment Reason Selling: Retire Year Established: 1980 Employees: 20 Contact Information Contact: Gregg Tobin Phone: 949-546-0903 Email: info@pacificcoastbusinessbrokers.com