Stark County Solar Installation Business Priced at 2.4x Earnings

Listing Number: 60364-285837

Listing Details

Stark County Solar Installation Business Priced at 2.4x Earnings
Price: $198,500
Location: Stark County, Ohio
  • Down Payment: $198,500
  • Sales: $151,934
  • Seller's Discretionary Earnings: $82,186
  • Inventory: $13,800
  • Furniture, Fixtures, and Equipment: $6,000
  • Employees: 1
  • Year Established: 2020
  • Reason for Selling: Other Ventures

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Business Description

Asking $198,500 with $82,186 in Seller Discretionary Earnings on $151,934 Revenue Including $19,800 in Inventory and Equipment

 — Business Description

The asking price of $198,500 sits at 2.4 times seller discretionary earnings of $82,186. Those earnings came from $151,934 in revenue, a 54.1% margin produced with 1 employee on payroll.

The company designs and installs solar electric systems for residential and commercial property owners across 2 Ohio regions, Northeast and Southeast. Every system is sized to the property's roof or ground dimensions, its metered consumption, and the client's budget. No standard package is sold. Each job runs from consultation through permitting to final inspection under Ohio electrical code, and each completed installation carries a 1-year workmanship warranty and 25-year material warranties.

Fixed cost sits in 3 places. 1 employee, a leased office, and a leased 30 by 40 storage building in Stark County carry the entire operation. No real estate is owned. Materials move with project volume, so the cost base rises and falls with revenue instead of sitting fixed through slow months. Permitting and code compliance workflows are documented and in current use in both service regions.

The buyer acquires $13,800 in racking components and wiring held for active projects and $6,000 in furniture, fixtures, and equipment, $19,800 in hard assets inside the price. Supplier accounts in place since 2020 carry wholesale-competitive pricing on panels, racking, and wiring. The active project pipeline, customer records for every completed installation, and the documented permitting process transfer at closing.

The record behind those figures runs 6 years. The business has been profitable in every year since its 2020 launch, and the 1-employee structure has carried each of those years without added payroll. Every installed system is a customer already on file with a warranty relationship, and that base is the first call list for storage, monitoring, and service work.

— Business History

6 years of permitted installation history transfer with this sale. The company opened in 2020 serving Stark County homeowners with residential systems.

Demand pulled the service area south. As the residential base grew and commercial inquiries increased, the business extended into Southeast Ohio and added commercial system design to the original residential model. Both regions now run on the same documented permitting and compliance workflow.

$151,934 in revenue and $82,186 in seller discretionary earnings with 1 employee. The business is offered because the owner is pursuing other ventures, and operations remain active through the sale.

— Potential Growth and Expansion

  • The federal 48E investment tax credit remains available for commercial solar systems placed in service before 2028. The business already holds commercial design capability, so commercial bids carry a credit-eligible proposal for the next 15 months with no new equipment.
  • The homeowner 25D credit ended December 31, 2025, while third-party-owned residential systems under leases and power purchase agreements still qualify for 48E through 2027. A partnership with a lease or PPA provider returns that credit to residential clients and requires a referral agreement rather than capital.
  • Battery storage attaches to new and existing installations, and the federal placed-in-service deadline does not apply to storage projects. The current supplier network sources storage equipment without new vendor development, and every past client is a qualified storage prospect.
  • Each completed installation carries a 1-year workmanship warranty. Converting expiring warranties into annual monitoring and maintenance agreements adds contract revenue from customers already on file at no acquisition cost.
  • EV charger installation runs on the same electrical work and the same permitting workflow the business uses on every solar job. It adds a residential and commercial service line with no added equipment.
  • The Cleveland and Columbus metro areas sit outside the current service footprint. Entering either market uses the equipment, supplier accounts, and storage facility that transfer at closing.

— Competitive Overview

The incentive picture changed in 2025. The One Big Beautiful Bill Act ended the 30% homeowner-claimed residential solar credit for systems installed after December 31, 2025. Commercial systems and third-party-owned residential systems kept access to the 48E credit for projects placed in service before 2028. Installers with commercial capability and financing partners hold the 2 segments where federal credit access continues, and this business already performs commercial design work in 2 regions.

National installers operate in Northeast Ohio through standardized system designs and centralized project management. Independent operators that size each system to its site and carry their own permitting history across multiple Ohio jurisdictions are fewer in number. This business competes in that site-specific tier rather than on volume pricing.

The barrier to entry is operational. A new installer funds racking and wiring inventory, builds supplier accounts that reach wholesale pricing, and works through permitting in each jurisdiction before the first completed job. A buyer here acquires $19,800 in inventory and equipment, supplier pricing established since 2020, and 6 years of documented permitted projects instead of building them.

Key Highlights

  • Revenue of $151,934 with $82,186 in seller discretionary earnings, a 54.1% margin
  • Asking price of $198,500, 2.4 times seller discretionary earnings
  • Established 2020 in Stark County, 6 years of continuous operation
  • 1 employee on payroll 
  • Profitable in every year since 2020 across 2 Ohio service regions 
  • Every completed installation carries a 1-year workmanship warranty and 25-year material warranties, creating an installed customer base for storage and monitoring
  • Primary opportunity is credit-eligible commercial work through 2027 and battery storage sold into the existing installed base
  • Owner is selling to pursue other ventures

Financials Summary

Item Figure
Annual Revenue  $151,934
Seller Discretionary Earnings (2024) $82,186
SDE Margin 54.1%
Asking Price $198,500
Earnings Multiple 2.4x SDE
Inventory Included $13,800 in racking components and wiring
FF&E Included $6,000
   

Transaction Details

  • Asking price of $198,500 includes $13,800 in inventory and $6,000 in furniture, fixtures, and equipment
  • The supplier network, active project pipeline, customer records, and documented permitting workflows transfer at closing
  • The listing broker will cooperate with brokers and agents

Ideal Buyer Profile

This fits an electrician, a roofing or general contractor adding a solar division, or an owner operator from construction or energy sales. The work is client consultation, system design review, permitting across Ohio jurisdictions, and installation oversight from site assessment to final inspection. Plan on full-time daily involvement at the current 1-employee staffing level. Commercial electrical contracting in Ohio requires a state electrical contractor license, so a buyer without one needs a licensed qualifier in place before closing. A buyer should plan on approximately $19,850 in equity for a 10% SBA injection if a lender approves the transaction, or approximately $49,625 for a conventional structure at 25% down.

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