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Solar Energy Sales and Installation Business - Sydney

Listing Id : 294513

Location : New South Wales - SYDNEY

Category : Building and Construction, Homeware

Asking Price : 3,400,000

Business description

Business ID: BS143635 T/O $12.0M Plus. Owners Income $1.3M pa. Owner willing to remain for 3years. Structured Sale Considered. Started by the present owner in western Sydney in July 2015 and has grown to be one of the largest Solar Sales and Installation companies operating in NSW, ACT, Western Australia and South Australia, with a turnover of $ 12.3M in 2019. After the initial slowdown across all industries due to Covid the sales have picked up again and the business is on track to match last years monthly trends and with new pricing by suppliers a better bottom line profit is likely. Solar panels attract a government grant for both residential and commercial users which essentially allows the customer to purchase and install a suitable solar power installation where the savings on energy costs cover the cost of purchasing the installation, so growth is assured. -Established 5 years -Long Term Government Subsidy -High Volumes -History of Profits -Clean Energy -Exclusive Product Pricing -Great Bolt On Opportunity Owner willing to stay and consider a structured sale over a period. This business is a very good opportunity for another industry player to "bolt on" this turnover and create efficiencies of scale. Alternative investors wanting to break into the "green energy" space or an entrepreneurial marketer would find this business a great base from which to expand. Asking Price: $3.4 M for the goodwill and assets. Stock is not included and estimated at $220,000.

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