Start A Generator Repair Service - Business Ideas

Updated: September 15th, 2022
Start A Generator Repair Service

Please note that the data provided in this article are estimates and may vary depending on various factors, and should not be considered as perfect or definitive.

Generators are a common prime source of power and backup. Like other electrical appliances, generators require regular maintenance and repair. Starting a generator repair shop can be a profitable venture. To start, identify residential and commercial customers who use generators and market your services. Also, target new generator buyers, and offer generator installation services.

A door-to-door generator repair service can be the best way to scale your business much faster.

Starting a generator repair service requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell generator repair service, or selling generator repair service online, you can use this page as a guide for everything you'll need to know.

Key Stats

market size
$3.7B
starting costs
$18K
gross margin
90%
time to build
270 days
growth
Organic social media
business model
Subscriptions
time investment
Full time

Startup Costs

Min Startup Costs Max Startup Costs

Employee & Freelancer Expenses

$151

$252

Website Costs

$223

$7,015

Business Formation Fees

$600

$4,700

Vehicle Expenses

$0

$10,000

Retail Business Expenses

$1,250

$6,650

Advertising & Marketing Costs

$75

$3,986

Software Expenses

$162

$2,720

Office Space Expenses

$0

$100

Specific Industry Expenses

$0

$500

Total Startup Costs

$2,461

$35,923

Successful Businesses

Business URL Rank

Happy Hiller

happyhiller.com

286,119

Mid Florida Diesel Inc.

midfloridadiesel.com

590,744

Colorado Standby

coloradostandby.com

985,999

Yamaha Generators

yamahagenerators.com

1,366,488

IPS

ips.us

1,639,009

Gentek Power LLC

gentekpower.com

1,979,345

Power Plus

powerplus.com

2,051,923

Reliable Turbine Services, LLC

reliableturbine.com

2,301,694

Zabatt Power Systems

zabatt.com

2,454,887

Grasten Generators

grastengenerators.com

3,498,839

MDA Turbines

mdaturbines.com

3,536,606

Pros & Cons

Pros Description

Little startup costs required

The cost to start a generator repair service costs significantly less money than most businesses, ranging anywhere from 62 to 35,923.

Rewarding work

Starting a generator repair service can be really rewarding work. After all, you are solving an immediate issue for your customer and you're working on something you truly care about.

High customer retention rates

Once a customer invests in your product, they've invested their time and energy to utilize your product/service which is highly valuable to them. Typically, your product or service becomes indispensable to your customer.

Pick & choose the clients you work with

Generator Repair Servicees have the ability to choose the clients they work with. You have the freedom to work with only a few loyal clients or with hundreds of clients!

Control of workload

With starting a generator repair service, you have the unique ability to choose how little or how much you want to work. You also have the freedom to decide which projects you want to work on, and can turn down the ones that do not interest you.

Gain exposure and experience

This career allows you to gain experience working for multiple different businesses - which will benefit your resume and also keep things interesting for you!

Cons Description

Motivation of employees

If you plan to have a sales/content team on board, finding creative ways to motivate them can be a challenge. It's important that you're able to offer great incentives and a good work environment for your employees.

Longer Sales Process

A generator repair service can be a big time and money investment for your customer, so it's important you plan and predict a longer conversion funnel and stay in communication with potential customers.

Work can be inconsistent

As a generator repair service, the amount of work assigned to you and schedule tends to be more inconsistent, which may make your income less stable. It's important to set boundaries and budget accordingly based on the amount of work you plan to have.

Lack of benefits

With a generator repair service, you are typically self-employed and responsible for finding your own insurance, which can be quite costly and time-consuming.

Taxes

As a generator repair service, you typically pay self-employment taxes which can be quite high. It's important to understand what you will be paying in taxes each year so you can determine if the work you're taking on is worth it.

No safety net

Typically, as a generator repair service, you do not receive a consistent pay-check and instead earn money based on your transactions each month. During the slow periods, you typically take away less since the job is based on commission. It's important to budget accordingly for the slow times.

Marketing Ideas

  • 1

    Direct Sales

    Direct sales strategy implies a direct contact between a seller and a consumer without the involvement of any third party. Direct selling is popular in sectors where sellers communicate with their clientele personally. The sales technique occurs at non-store locations which include at home, work, or online.

    For direct selling to succeed, hire a few (or many) salespeople to support the sales conversion process. It's critical that you assign them specific roles and responsibilities to nurture the client and provide excellent support.

    Learn more about direct sales ➜

  • 2

    Word of mouth

    Word of mouth is when a consumers reflects their interest in a company’s product or service in their daily dialogues.

    Therefore, word of mouth advertising is essentially a free advertising triggered by the customers experience.

    According to Nielsen, 92% of people trust recommendations from friends and family.

    Therefore, in today’s hyper-connected world, a single recommendation through a word of mouth can have a huge impact to your business.

    Learn more about word of mouth ➜

  • 3

    Social Media Advertising

    Social media advertising is the use of social media platforms to connect with your audience with the objective to build your brand, increase sales, and drive website traffic.

    According to Oberlo, approximately 48% of the global population use social media, and the number is ever-growing.

    Therefore, social media allows brands access to cost-effective advertising by enabling them to interact with a large audience.

    Learn more about social media advertising ➜