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
experienced 3 years of growth in cash flow and maintain 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 in a consulting role
thereafter. Additionally, the seller is offering to carry 10% of
the purchase price and a 10% promissory note,
demonstrating strong confidence in the company’s future.
With a purchase price of $1,200,000 and a low multiple of 1.9,
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.
- Asking Price:
- $1,200,000 Furniture / Fixtures included
- Sales Revenue:
- $1,710,678
- Cash Flow:
- $627,311
Business Operation
- Management type:
- This business is owner operated.
- Reasons for selling:
-
Desires to go into politics or lobbying to
help support the growth of renewable energy
- Employees:
- Full time project coordinator and a part time diagnostic technician. All labor is subcontracted out to regular, recurring crews
- Years established:
- 2008
Other Information
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
10% Seller Financing $120,000
10% Promissory Note $120,000
- Furniture / Fixtures value:
- $5,000 - included in the asking price
- Relocatable:
- This business can be relocated
