Profitable Electric Generator Company

RI

Profitable Electric Generator Company
Contact Seller

Asking Price: Get Financing: $1,900,000

Cash Flow: N/A

Gross Revenue: $2,097,563

EBITDA: N/A

FF&E: $115,857

Inventory: $119,225

Lease Rate: $3,500 /Month

Established: 2002

Profitable Electric Generator Company

Get Financing Save Print Share Valuation Report

Business Description

Turnkey, Well Esablished and Profitable Business with Room to Grow!

Trying to find the perfect combination of proven track record and opportunity for future growth? Look now further! This well established 15 year senior business has a strong reputation which has spiked interest and profitability opportunity for the new owners. Like many family owned businesses, this electric generator company has given the attention and care needed to grow a sustainable company, with recognition as the #1 distributor in Rhode Island being their crowned jewel.

With systems in place this company is prime to scale its customer base throughout New England. Add to this the vision and management team of your design you could grow the company to your balance sheet dream or maintain the existing platform and receive a comfortable living with consistent Gross Revenue exceeding $2M per year.

This is a solid business with a proven track record with an opportunity for growth and expansion which the new owner could incorporate lends to being an investment worth examining. Currently the business runs as owner/operator with staff of 25. Business could easily be general manager operated.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
5,000
Lease Expiration:
1/1/2023
Employees:
25
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Assets for the business include fleet vehicles, installation equipment and tools, as well as office equipment, fixtures, furnishings, and supplies. The business is currently operated out of a leased facility in South Kingstown. Long-term lease is transferable.
Competition:
Current market for electric generators is robust. The company valuation includes an existing 45 day wait list of customers. This business' reputation for customer service and care has built a referral base that is strong and is exceeding local competitors.
Growth & Expansion:
Opportunity for growth beyond the Rhode Island market is substantial. With systems in place this business could grow its existing revenue 4 times with the right buyers.
Support & Training:
Owner is willing to provide 30 day transition training on site as well as an additional 30 day off site period.
Reason for Selling:
Retirement
Contact Seller

Contact the Seller

Contact Seller Loading

Business Listed By:
Paula Biltmore

Show Phone Number

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1537197 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings