This well-established residential solar business presents a rare acquisition opportunity with more than three decades of operation and an exceptional reputation in the market. It has been operating since the 1990s and successfully incorporated solar installations in the 2000s. Now focusing exclusively on the residential market, the business has built an exceptional client base and reputation for quality service.
The business features exceptional brand recognition with more than three decades of continuous operation, more than 9,000 clients in its database, strong gross profit margins and approximately $2.5 million in annual revenue. It also maintains established contractor relationships for installations, zero stock requirements through a just-in-time ordering model and a strategic shopfront location with high visibility.
The business is perfectly positioned to capitalise on several significant growth opportunities. A significant percentage of its client database have systems that are due for battery additions. Many existing clients also have older systems with panels that deliver half the capacity of current technology, representing immediate upgrade opportunities. There is also potential to increase market share across the broader region.
The current owner is strategically realigning his focus towards larger commercial and industrial projects, opening the opportunity for purchasers to acquire this residential division. The owner will provide comprehensive handover support to ensure a smooth transition and knowledge transfer. This is a rare opportunity to acquire a well-established business with strong fundamentals in the growing renewable energy sector.
*** Please note: We have used stock photos to protect the confidentiality and goodwill of the business. The pictures are indicative only.
