Legacy Electric Motor & Generator Service Business – Est. 1946 – ND
Business Description
Electric and Magneto Inc. presents a rare opportunity to acquire a legacy business with deep roots in the Williston community. Operating continuously since 1946, this business has built a strong reputation as a go-to service provider for electric motors, magnetos, starters, alternators, small engines, generators, alternators, diesel pumps, and fuel injectors.
Business Highlights
Established: 1946 – Nearly 80 years of continuous operation
Services Offered:
Electric motor sales & service
Magnetos and small engines
Portable and home standby generators
Starters and alternators
Diesel and gas pump/injector service
Client Base: Diverse and longstanding customer relationships across residential, commercial, and industrial segments
Reputation: Known for reliability, technical expertise, and service quality
Real Estate
Current Location: Operating from a commercial building leased from a partnership owned by the sellers
Optional Add-On: The building can be included in the transaction for buyers interested in acquiring both the business and real estate
Lease Terms: Available upon request
Inquire Today
Confidential financials, asset lists, and lease terms available upon signing NDA. This is an ideal acquisition for an owner-operator, investor, or strategic buyer looking to expand their service footprint in North Dakota and the Bakken region.
Business Highlights
Established: 1946 – Nearly 80 years of continuous operation
Services Offered:
Electric motor sales & service
Magnetos and small engines
Portable and home standby generators
Starters and alternators
Diesel and gas pump/injector service
Client Base: Diverse and longstanding customer relationships across residential, commercial, and industrial segments
Reputation: Known for reliability, technical expertise, and service quality
Real Estate
Current Location: Operating from a commercial building leased from a partnership owned by the sellers
Optional Add-On: The building can be included in the transaction for buyers interested in acquiring both the business and real estate
Lease Terms: Available upon request
Inquire Today
Confidential financials, asset lists, and lease terms available upon signing NDA. This is an ideal acquisition for an owner-operator, investor, or strategic buyer looking to expand their service footprint in North Dakota and the Bakken region.
About the Business
- Years in Operation
- 79
- Employees
- 5 (5 Full-time)
- Facilities & Assets
- Inventory
-New and rebuilt electric motors (various HP ranges)
-Starters, alternators, and magneto parts
-Portable generator stock (retail-ready)
-Fuel injectors, pumps, seals, brushes, bearings
-Wiring, terminals, belts, and consumables
Intangible Assets
-Business name and local brand goodwill (est. 1946)
-Customer lists and long-term commercial accounts
-Website, phone number, marketing materials
-Vendor accounts and parts supplier relationships
-Potential for seller training/transition support - Market Outlook / Competition
- Electric and Magneto Inc. serves residential, commercial, and industrial clients across North Dakota’s Bakken region. Demand is driven by the area’s energy and agriculture sectors, where reliable motor, generator, and fuel system service is critical. Competition is limited and fragmented, with few providers offering the same technical depth. The business stands out through its longstanding reputation, broad service capabilities, and loyal customer base built over nearly 80 years.
- Opportunities for Growth
- Add field technicians for mobile repair services across the Bakken region. Expand generator sales and offer maintenance contracts for residential and commercial clients. Establish partnerships with local oilfield and ag service companies. Increase marketing to grow small engine and fuel injector services. Potential to scale through online parts sales or adding service lines such as HVAC or industrial automation repair.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 11,512
- Rent
- $6,000.00 per month
- Lease Expiration
- 12/31/2026
About the Sale
- Seller Motivation
- Sellers are of Retirement Age.
- Transition Support
- -Potential for seller training/transition support
Listing Info
- ID
- 2435602
- Listing Views
Listing ID: 2435602 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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