$3M EBITDA Solar Business in Iowa
November 28, 2025
by an intermediary from United States Air Force Academy in Seattle, WA, USA
Solar Business for Sale, 63% CAGR, Multi-State
Listing ID: BE6182
This solar EPC (Engineering, Procurement, and Construction) business offers full in-house services from design through installation and support for both residential and commercial clients. Founded in 2019, it has grown into a debt-free operation with 85+ team members and proprietary operational infrastructure including CRM platforms. Its vertically integrated structure ensures faster installs (avg. 45 days), better customer experience, and superior margin capture. The business maintains a 4.8-star reputation and has successfully expanded into multiple U.S. markets.
Current Valuation / Listing Price: $24M
TTM Revenue (2024): $11.1M
TTM Profit (Net): $3.0M
2025 Projected Revenue: $16.9M
2025 Projected EBITDA: $4.7M
Profit Margin (2024): 28%
Revenue CAGR (3 Years): 63%
Industry: Solar Energy / Renewable Energy
Team Size: 85+
Turnkey: Yes
Years in Business: 6
Location: Hills, Iowa (with coverage in three states)
With successful market penetration in four states and a strong position in PPAs, the company is poised for rapid scaling. Expansion opportunities in Illinois and Michigan are underway, alongside a deeper push into commercial projects and PPA structuring. A larger salesforce and investment in systems can increase install capacity, while favorable regulations create tailwinds. Projected revenue growth of 52% YoY in 2025 supports the expansion potential.
This is a rare opportunity to acquire a high-growth, profitable, and turnkey solar EPC business operating at a 28% net margin, well above industry averages. The company’s debt-free status, robust CRM-backed operations, and strong team infrastructure make it highly scalable and appealing for passive or strategic investors. With $75M+ in lifetime solar sales and a forecasted $4.7M EBITDA for 2025, the business sits at the intersection of strong financial performance and clean energy momentum, ready for strategic scale or portfolio integration.
from Massachusetts Institute of Technology in Portland, OR, USA