$3M EBITDA Solar Business in Iowa

intermediary profile

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.
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from Massachusetts Institute of Technology in Portland, OR, USA
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