Solar Panel Sales and Installation

Price: nan

Revenue: $8,100,000

Ebitda: $2,496,000

The Company is a full-service solar installation company, offering system designs, engineering, building permit acquisition, financing, rebate processing and utility interconnect services for primarily residential, as well as commercial, customers.

The Company consistently earns the highest reviews among peers and was the top solar contractor in its state four years in a row. With more than two decades of experience in the industry, the Company has established itself as one of the leading contractors for solar sales and installation.

Superior Name and Reputation: The Company enjoys a long-standing (24+ year) reputation for quality products and superior customer support. It is consistently the top-rated solar sales and installation company in its state. By staying within its area of expertise, the Company has built a reputation as the premiere provider of turnkey solar projects.

Sophisticated Sales and Marketing: The Company has a superior sales and marketing strategy which combines effective outside sales with a referral and review program that has continually maintained the Company’s #1 ranking for 5-star reviews. The review program is integral in driving direct traffic to the Company’s website.

Favorable Industry Outlook: State and federal tax credits for the purchase of solar systems increase the impetus for consumers to invest in such systems. Through the Energy Improvement and Extension Act of 2008, the federal government extended the 30.0% tax credit on solar panels up to 2032. First Research, Solar Power Generation – May 2023
Excellent Financial Performance: The Company’s historical sales increased from $6,292,000 in 2020 to $9,595,000 in 2022, representing a compound annual growth rate of 23.5%. Over the same period, the Company’s EBITDA margin averaged a high 26.2%. With a strong foothold in its market and the extension of federal tax credits, the Company’s long-term growth prospects are very favorable.

Link to deal: here

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