BP Solar Solutions is a solar sales organization currently headquartered in Utah. We are seeking $200,000 - $1,000,000 to support expansion into new markets and to start the process of taking over our own installs. BP Solar Solutions is led by Adam Davis who has extensive knowledge and experience within the solar and direct sales industry. Having spent the last 8 years in sales leadership and executive roles, he aims to make BP Solar Solutions a nationwide solar sales and installation organization.
Currently we have relationships with several different installers that allows us to sell deals in 40 states. We currently have sales teams in California, Nevada, New Mexico, Utah, Texas, Arkansas, Florida, South Carolina, and North Carolina. 5 of those 9 have been started in the last 5 months.
As we continue to quickly expand with our sales teams, we also want to expand into doing our own installations. This will double our current profits.
Our current plan was to slowly take over the installation process as our teams started to bring in volume. With the volume in place, we knew we could keep our installation teams busy. However, there are some upfront costs associated with taking over our own installs. By raising funds, it will allow us to continue to expand and grow our sales teams but also allow us to keep our commitment to our reps by taking over installs once they hit their numbers.
OVERVIEW
- BP Solar Solutions sells residential and commercial solar for local installers.
- We plan to take over our own installs.
- We plan to launch 3 new states before the end of Q4.
- Solar is a booming market
NUMBERS
- Average solar contract is $53,000.
- Currently, the money goes to the installer first, then the remaining balance after the costs of the installation goes to us. By taking over our own installs, the contract will be in our names. This will triple our revenue.
- Currently profiting $20,000-$40,000 a month.
- projected profit this time next year $240,000-$300,000
- Once a local team is doing 30 sales a month, we aim to take over our own installs.
- Install teams can typically do up to 40 installs a month.
- 20 installs a month keep the install team busy.
FINANCIAL HIGHLIGHTS
BP Solar Solutions is currently seeking $200,000 - $1,000,000 to support the current expansion and help us start taking over the installation process.
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