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Solar Contractor

Alberta Canada

Sale Pending

Asking Price:$3,500,000

Cash Flow (SDE):$1,072,000

EBITDA:$872,000

Gross Revenue:$3,330,599

Established:2015

Business Description

Fast-growing residential & commercial solar design & installation business in Alberta with a 10-year track record, trusted brand, and primed for expansion.

*Turnkey operations with an experienced and lean team
*Accelerating growth of diversified revenue with ~25% EBITDA margin (2022-25F 3Y CAGRs: EBITDA ~97%, Revenue ~36%)
*2025F Revenue of ~$4.5M and Normalized EBITDA of ~$1.09M
*>23% of revenue pre-sold (largely residential segment)
*No immediate cap-ex, light op-ex, and working capital
*Low-cost lead capture via digital & referral strategy
*Efficient & flexible capital structure with limited low-interest debt and no long-term leases
*Market leader with limited competition, known and trusted brand with >6MW installed, and 5-star google reviews
*Growing government and economic subsidies & incentives
*Large market opportunity (4x revenue with just Alberta growth
*Committed to sale with buyer-friendly terms & metrics
*Great fit for an entrepreneur, investor, competitor, strategic acquirer, financial sponsor, and a roll-up/consolidation play

Ad#:2311283

Attached Documents

August Cove Capital - So...

Detailed Information

Inventory:

$150,000
Included in asking price

Furniture, Fixtures, & Equipment (FF&E):

$275,000
Included in asking price

Facilities:

All business assets

Competition:

*Market leader with limited competition, known and trusted brand with >6 MW installed between >500 projects, and 5-star google reviews *Growing government and economic subsidies and incentives *Large market opportunity (<1% of households have solar installed)

Growth & Expansion:

*Expand residential operations in core regions and enter new regions *Grow commercial segment (~$6M 2025 project bids with ~35% gross profit margin)

Financing:

Seller financing available

Support & Training:

Up to 1 year transition period with full-time support and training

Reason for Selling:

Owner started the business with the intent to sell it after 10 years.

Business Location

Real Estate:: Leased
Building SF:: 1,800
Lease Expiration:: 12/31/2025
Rent:: $3,450.00

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Business Listed By:
Andrew Plohy August Cove Capital

Ad#:2311283

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
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