Sorry about that, I noticed you stated it was a 10 hp in the original post. This is why I think it would be underpowered. I have a Club Car golf cart that I use as a utility vehicle around the farm. I use it as a spray rig, small tow rig and for general transportation. It has a 9 hp Kawasaki engine in it, and has a factory top speed of 13 mph. It is woefully underpowered for towing even a small yard cart or if I'm going up a moderate hill. I could have changed the gear ratio, but then it would be even slower. That's why I am literally in the middle of a motorcycle engine swap right now, but I'll digress as I don't want to hijack your thread.
What is your gen set worth? That all depends on the brand, age, number of hours it has been run and overall condition. You said it was in good running condition, so if it isn't too many years old and in average condition, then it should be worth $300-$350 around here.