Taos Lighting Center and Taos Electrical Supply with Property

Listing Information for #71004

$545,000.00

Description

For sale, the most complete lighting fixture showroom in northern New Mexico. Taos Lighting Center and Taos Electrical supply have been in business in the same location for over thirty five years, along with an Electrical Contracting division. M-R-S Incorporated specializes in providing commercial, industrial and residential electrical contracting services. They bid on jobs for building contractors, architects and hotels. They have earned an excellent reputation with many loyal customers over the past 38 years for their dependable and reliable service. This area of New Mexico is a winter and summer resort with new construction and rapid growth. Taos ski Valley is located 17 miles from this business and is undergoing a large ten year renovation of its village and shop areas. A new lift has been installed to take winter skiers and summer hikers to the Kachina peak ridge. This business would be ideal for someone who loves the mountains.

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Description of Equipment

Equipment and inventory included in the sale, more details available upon inquiry.

Employee Details

Key employees will most likely stay after transition. The owner is available for a reasonable transitioning period.

Location Details

This location is a 4,000 sq. ft. commercial building located on .562 acre. The building features lighting fixture showroom and sales area, the electrical supply sales area, Electrical Contracting offices and warehouse space for the three divisions. This location is fenced, landscaped, and includes a security system. The business location is included with the sale. A metal truck port structure 24x25, 12 ft. high and an 18x14 secured metal shed are also included.

Expansion Opportunity

There are many effortless growth opportunities for this business. An assertive new owner might consider expanding the business by offering service and repair as well as low voltage wiring. Another opportunity comes from stronger sales efforts such as outside sales and stronger marketing efforts with a sales team. Ski valley is located 17 miles from this business and is undergoing a large ten year renovation of its village and shop areas. A new lift has been installed to take winter skiers and summer hikers to the ridge.

Competitive Edge

Their knowledgeable employees go above and beyond to ensure customer satisfaction. They have a high referral rate as well as many loyal customers. Throughout their years in business, this company has built a great reputation in the area.

Summary

This electrical company has been in business since 1978 with the current ownership starting in 1983. The current owner has decided to retire and let a new owner take this business to the next level. This company could be operated in a hands-on or absentee fashion, giving the owner the ability to enjoy a flexible schedule and as much control of business activities as desired. Out of their total revenue, 50% comes from electrical contracting services, 25% from the electrical supply, and 25% from the lighting center. This company offers a new owner a successful business with stable revenues. Contact us today!

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About Us

IAG, LLC is a business intermediary consulting firm, facilitating the buying and selling of businesses. For more than 25 years the Management Team has been a leader in the industry and has helped the owners of privately-held companies "cash in" on all their hard work and get the best payoff possible.

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