Retail Solar Company

$760,000 + SAV ($30,000 approx.)

Web ID: S

Business Description

At a Glance

  • Solar system provider and installer
  • Established early 2018, trades 5 days per week
  • Services all over SA with some interstate work
  • Vendors looking to move overseas
  • Great business website and excellent platform for more growth

This business is a South Australian based provider and installer of solar panels, inverters and batteries. Established in early 2018, the business has grown a terrific reputation with customers raving about the quality products and services they receive.

With a wide range of products from trusted, well-known brands, customers are able to choose the product that is best for their needs in their desired price range. Along with great products and servicing, this business has an exceptional website which has been designed for customers to navigate with ease and provides platforms for customers to get in contact with a click of a mouse.

The business solely focuses on retailing solar panels and has been moving forward full steam ahead, experiencing a huge level of growth in both residential and commercial installations. With only approximately 38% of Adelaide residential homes currently having some form of solar system installed and with government grants in place that will continue to stimulate the industry, this business will have sustainable long-term growth for years to come.

Melanie Winter 0408 085 932


Extended Price Information

Goodwill including Plant & Equipment $760,000
Stock at valuation (approx) $30,000
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$790,000


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Staff Summary

8 full time staff, including the vendor and two commission only sales people with another two part time and two casual employees in South Australia. Two commission only sales people also located interstate.

Lease Summary

Current Rent $3,550 per month incl. GST
Lease Term 2 years
Lease Commencement 1st April 2020
Lease Expiration 31st March 2023
Right of Renewal 1 x 3 years
Outgoings Paid by tenant
Adjustments CPI annually

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