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Thriving Solar And Construction Business For Sale

Fresno, California - South, US
Asking Price:
$2,400,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$12,303,749
Cash Flow:
$2,309,034

This thriving solar and construction business presents a remarkable opportunity for a savvy buyer seeking a lucrative venture. With a proven track record of success, the company specializes in solar sales, design, and installation services. They also have a full-service General Contracting arm that offers a variety of construction-related services.

In 2023, their Solar Revenue was approximately 75% with the remainder coming from construction jobs. They have a diverse service portfolio that includes both residential and commercial customers, and their reputation has resulted in a loyal customer base.

The Seller works in the business full-time, primarily focusing on Engineering Design/Construction, quality control on jobs, training and development, amongst other things. They also have 45 employees.

The Seller is willing to finance up to 30% of the sales price and is open to offering an earn out structure that would include him staying on post close to ensure 2024 revenue is similar to 2023.

Property Information

Real Estate:

Lease

Lease Terms:

Lease ends 2027

Leasehold Rent:

8000/month per annum

Size in square feet:
10,000

Business Operation

Reasons for selling:

Seller can't keep up with the growth

Employees:
46
Years established:
2005

Other Information

Support & training:

14 days

Furniture / Fixtures value:
$500,000 - included in the asking price
Inventory / Stock value:
$10,000 - included in the asking price