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Legacy Generac Backup Power Solutions – Trusted Since 1944

New Jersey, United States
listing image
Asking Price$2.40m
Revenue$2.90m
EBITDA$398k
Cash Flow$580k
Description
Established in 1944, the business has been a cornerstone of Northern New Jersey and its surrounding areas, delivering trusted backup power solutions for over 80 years. As a family-owned and operated enterprise, it has built a reputation for reliability, quality, and an unwavering dedication to customer satisfaction. Specializing in standby power, the company provides a comprehensive range of generator installation and repair services, ensuring both homeowners and businesses have access to uninterrupted power when needed most. As a certified Generac Power Pro Professional, it upholds the highest standards in its technicians, equipment, and services. This to excellence has cemented its position as a leading provider of backup power solutions across the North Jersey Tri-State area. We distinguish ourselves in the industry through our unwavering commitment to quality and customer satisfaction. Below are the primary reasons why clients choose us for their backup power requirements: • Decades of Expertise: With over 80 years of experience, our unparalleled knowledge in generator installation, maintenance, and repair has been honed over decades. This legacy enables us to embrace evolving technologies while upholding time-tested practices. • Partnership with Generac: As a proud partner of Generac, a renowned leader in standby power solutions, we supply and service highly reliable equipment. This ensures our clients receive premium products they can depend on. • Streamlined Propane Solutions: Unlike many competitors, we collaborate directly with propane providers to simplify the process for our customers. This partnership allows seamless management of installation and maintenance for propane users, ensuring a hassle-free experience. • Comprehensive Services: We offer an extensive range of services, including generator sales, installation, repair, and electrical work. Our all-in-one approach eliminates the need for multiple contractors, providing a convenient solution for all power needs. • Customer-First Approach: Customer satisfaction remains our top priority. Prompt service, regular follow-ups, and the use of advanced technologies, such as WiFi-enabled remote diagnostics, guarantee optimal generator performance and peace of mind for our clients. We provide a wide range of high-quality products tailored to meet the needs of both residential and commercial clients. Our offerings include: • Home standby generators: Ensure uninterrupted power for your household. • Business standby generators: Reliable power solutions for commercial operations. • Portable generators: Convenient and flexible power supply for various needs. • Transfer switches: Seamless transition between grid power and generator supply. • Pressure washers: Durable equipment for cleaning and maintenance tasks. • Parts and accessories: All the components you need to enhance and maintain your power systems.
Real Estate
$590kNot Included in Asking Price
Furniture Fixtures & Equipment
$187k
Inventory
$135kIncluded in Asking Price
Business is
Relocatable
Number of EmployeesFull-Time: 7
Year Established
1944
Reason Selling
Retirement
Facilities & Assets
Sales Offices: Crucial for administrative functions and fostering customer. Warehouse Vital for organized and efficient inventory management, ensuring accessibility and order. Service Trucks: Essential for delivering-site services and transporting and materials. Track Loaders: Reliable for heavy lifting and efficient material handling. Material Handling: Comprehensive tools like forklifts and pallets to enhance inventory movement. Specialized Electric Tools: equipment designed to fulfill specific requirements in electrical work and installations. Towed Trailers: Specialized for transporting goods and equipment, enabling efficient long-distance.
Support & Training
The seller is amenable to implementing transition plans for a period of up to one year.
Growth Opportunities
GENERAC growth
Asking Price$2.40m