This Energy Solution Company was established after recognizing the opportunities and inefficiencies in the ever-evolving energy efficiency space, specifically Title 24, Section 6; Building Energy Efficiency Standards. With regulations becoming more and more stringent, contractors and builders are required to hire certified 3rd party companies for Home Energy Rating System (HERS) testing and verifications.
To be compliant with California's energy codes, builders, contractors, HVAC companies and developers have to understand all of the nuances and regulations that keep changing. The Company implemented a highly successful business model that addressed the problems efficiently and economically for The Company's clients and customers. Additional services include LEED certification, energy modeling, consulting, permit services, etc..
The Company has been able to execute its core competencies and best practices with its seasoned management team and staff. With the management team in place, there is a fairly direct path to continue the growth of the business according to the Seller's. The first course of action is to add more salespeople. The additional salespeople would give the Company the bandwidth to go after existing business within its current database of customers, the ability to exploit new geographical markets as well as the commercial market which is grossly underserved.
The Company has built a sustainable and scalable business model that can be duplicated in other cities without the overhead of additional offices. Management can be centralized. This is the perfect platform company to be acquired by a strategic, financial or private equity group or an individual Buyer that wants to take this Company to the next level of sales and profits.
Gross Revenues for 2018 were $3,804,808 with an Adjusted EBITDA of $954,021. DA and proof of funds required.