PROS AND CONS OF THE SOLAR PANEL INDUSTRY
Searchers....I may have a solar panel company coming up for sale in the near future and wanted to gauge the appetite for this industry. Here is what I know.
1) Recently pivoted from residential to commercial and now they are experiencing a lot of growth.
2) Revenues mid-$2M on pace for $3M+ for 2019
3) Located in New England
4) Motivated Seller
So the question is....
What is good and bad about the solar panel business model?
What are the industry tailwinds? What are the industry headwinds?
Would this fit a traditional searcher or more of a self-funded searcher?
Appreciate any insights you may have. I have my hutches but want to hear from you.