Business ID: BS9038
FY2020 Sales in excess of $3m with Adjusted Income of $224k to working owner Asking Price $650,000
The business specialises in the design, supply, and installation of PV solar systems for both domestic and commercial customers. It also generates between 15% to 20% of revenue from electrical and air-conditioning related supply, installation, and maintenance services.
The demand for Solar Energy generation is driven by:
-Growing awareness across the public of going green
-Federal and State level policies on subsidies for green energy and solar panels
-Technological advances that lead to improved efficiency and lower cost of solar systems (including panels) and batteries
-The increasing cost of electricity supplied from the grid from major electrical retailers also encouraged households to install solar systems
With a focus on delivering quality services and the use of quality components, the business has built a strong track record in a competitive market.
Business Highlights:
-Installed more than 1,100 solar systems (or a total of over 6,000 kw) over 7.5 years
-Effective marketing that generated over 20 new leads per week
-Database of over 13,000 contacts are captured in the system
-Accredited by Clean Energy Council as Approved Solar Retailer
-Strong direct relationship with reputable suppliers for quality solar panels and components
-Substantial investments were made in efforts and time to streamline the operation
-Custom designed and developed software platform to streamline workflow, quotations, accounting, documentation management systems etc
-Operated from a leased modern showroom/warehouse in Melbournes outer South Eastern suburb,
-Targeted customers are mainly within suburbs across North-East and South East of Melbourne
Training and support will be provided as part of the handover.
During the restrictive COVID19 trading environment, the business continues to receive new leads. The ongoing incentives from both the Federal and State government level will support the demand for domestic and commercial solar systems and batteries.
This business provides a sound foundation with its established reputation in the market for an individual seeking to enter this industry or as a bolt-on to an existing business seeking greater market share in this growing market.
Asking Price: $650,000
