Sold! Solar Panels Sales And Distribution – Sydney

Business ID: BS143635

For Sale in minimum Lots of 25% or Whole. T/O $10.73M p.a. Owner's Income $1.29M p.a.

The business was 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. In 2020 the turnover dropped to just under $9.0M due to the initial, “stop everything” reaction to Covid 19, since then sales have returned close to normal and 2021 is back to $10.7.0M. 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, depending on the individual requirements, type and quality of products involved.

-Established 6 years
-Owner willing to remain and manage.
-Owner willing to consider Structured Sale.
-Long Term Government Subsidy
-High Volumes
-History of Profits
-Clean Energy
-Exclusive Product Pricing
-Great Bolt-On Opportunity

The owner is prepared to continue to manage the business and is willing to sell down his interest in lots of 25% shareholding or as a whole.

This business would be a suitable acquisition for investors who wish to be involved with “green or eco-energy” or as a “bolt-on” to an existing Energy or Industrial Group wishing to diversify.

Asking Price: $3.4 M for the assets and goodwill of the business. Stock is not included and is currently estimated at about $220,000.

Property Code: 1906