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Taos Lighting Center - Electrical Supply With Property
Location: United States -> New Mexico
Industry: Business Services > Other Services




Business Summary

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.

This electrical company has been in business since 1978 with the current ownership starting in 1983. The current owner has decided to retire. 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. Equipment and inventory included in the sale, more details available upon inquiry.

Asking $545,000.00. 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.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $435,000
Cash Flow:   $156,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $151,900
Seller Financing:  No

About The Business

Year Established:  1983
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  Key employees will most likely stay after transition. The owner is available for a reasonable transitioning period.
Reason For Selling:  Approaching retirement

Photos

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Taos Lighting Center - Electrical Supply With Property Photo 1 Taos Lighting Center - Electrical Supply With Property Photo 2




Print Listing Id: 700257936
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Also See: Franchise Opportunities > Franchise Resales > New Mexico Businesses For Sale > New Mexico Franchises For Sale > New Mexico Business Brokers



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