Generator Sales and Service – Recurring Revenue
FinancialsAsking Price of business :$750,000
Included In Asking Price :Furniture, Fixtures & Equipment: $175,000
Annual Sales :$2,050,000 Cash Flow :$260,000
This well-established dealership is a leading provider of commercial / residential standby generator systems. The business has multiple profit centers to maximize profitability, including a large base of preventive maintenance agreements, providing a recurring revenue base. The company has been in consistent operation for over 40 years and represents the name brands in the industry. Factory trained staff in place.
General InformationYear Established :1969
Employees :8 FT
Facilities :The company leases a 5,000SF +/- facility with attractive showroom/office space and a well-organized warehouse. The facility is just a short ride from a primary highway.
Business Location :Maine
Competition & Market :
Name recognition, stable cash flow and a strong market position give this business an advantage over the competition. Numerous preventive maintenance contracts in place. Its longevity and commitment to customer service have given it a solid regional reputation and a basis for continued growth.
Growth & Expansion :
The business has a variety of competitors in the field. It has, however, developed a loyal customer following by providing excellent service and support for every product it sells.
About the SaleFinancing :
Seller/Bank Financing TBD. $100,000 Working Capital Needed.Support/Training : Ownership is committed to the company’s continued success and will provide transition assistance.
Reason for Sale : Retirement
Maine Business Brokers
Phone: 207-775-1957 x 103
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