Modern Reliable Solar Services
$1,300,000
Alameda County, CA
Gross Revenue
$1,369,532
Owner's Cash Flow
$308,260
Min Down Payment
$130,000
Employees
9
Business Summary
The business is a leading provider of grid-tied solar solutions, catering to residential, commercial, municipal, and utility applications. Established in 2009, the business has emerged as a trusted name in Northern California for its expertise in designing, engineering, and installing large-scale solar power systems.
Key Highlights
Year established
2009
Real estate
Leased
Reason for selling
The current owner is planning to pursue other career opportunities.
Support and training
The current owner is willing to stay on for up to 2 years to help with the transition.
Broker of Record
The broker of record is Jon Nesbitt, CA License #1002237
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Consolidated Cashflow
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Gross Revenue | $4,098 | $8,495 | $8,447 |
| COGS | $6,640 | $3,394 | $8,652 |
| Gross Income | ($2,542) | $5,101 | ($205) |
| Operating Expenses | $5,452 | $2,860 | $8,741 |
| Operating Incomes | ($7,994) | $2,241 | ($8,946) |
| Net Other Income (Expenses) | ($3,347) | ($5,800) | ($9,231) |
| Net Income | ($11,341) | ($3,559) | ($18,177) |
| Interest | $9,914 | $7,023 | $5,657 |
| Depreciation | $951 | $6,504 | $7,156 |
| Amortization | $5,466 | $3,955 | $493 |
| EBITDA | $4,990 | $13,923 | ($4,871) |
| Add-backs | $83,046 | $64,286 | $64,913 |
| Owner's Cash Flow | $88,036 | $78,209 | $60,042 |
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Projected Free Cash Flow
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