Solar Energy Company With High Backlog For Sale

Description

Renewable energy company founded in 2008 in Springfield, Illinois. Offers consultation, design, project management, procurement, and energy management. Customer mix: 50 percent residential, 25 percent small business, 25 percent agricultural. Three years of cash flow growth. 37 percent profit margin.Leased office suite with full time project coordinator and part time technician. Owner retiring, will stay one year post close and consult thereafter. Seller will carry 10 percent of purchase price plus a 10 percent promissory note.Price: 1,200,000 dollars at 1.9 multiple. Growth via geographic expansion, more crews, and outside sales.