George & Company

Custom Vehicle Upfitter #15661

2020 Revenue: $9,348,232

2020 Net Operating Income: $1,366,043

2020 EBITDA: $1,485,149

Business Asking Price: $4,500,000 (Plus Inventory)

Real Estate Asking Price: $575,000


Business Description

 

Distributor of Various Types of Generators, Inverters and Related Electrical/ Electronic Equipment, Mobile AC Power Specialists

 

Six Decades of Experience with Long-Term Customer Base and Tremendous Brand Name

 

For nearly 60 years, our client has been one of the industry leaders in providing cost-effective assembly, retrofit and upfitting solutions for some of the largest contracting, construction, and utility industry service providers. The Company is well-positioned with a highly skilled and tenured workforce (average 16 years), in-house engineering & quoting, regional and domestic sales support, and an unmatched customer service experience. Our client is preparing to retire and will provide dedicated and seamless support through the transitioning of this transaction.


 

Detailed Information

 

Date Established: 1962

Form Of Entity: S Corporation

Real Estate: Owned and leased back to the company by a related party (Owner)

Financial Calendar: January 1 - December 31

Employees: 13 employees comprised of management, administration, production, installation and sales staff

Reason For Selling: Retirement

Contact: Chip Emerson

Contact Phone: 508-753-1400  

Contact Email: info@georgeandco.com  

 


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