Unique opportunity to own a turn-key and profitable Mexican electrical distribution operation. With solid 35+ years of loyal customers and brand awareness in Mexicali (capital city of Baja State), has grown to be one of the leading electrical supply distributors in the region. Broad customer base of industrial operations and commercial projects in the region. This is a great opportunity for a U.S. electrical distributor trying to expand to the Mexican Industrial Market, or for a U.S. company trying to access Mexican suppliers and other business opportunities. As more production plants move to Mexico, continued growth in sales is very likely (2021 projection is $4.4 M, representing 70% growth YOY). In addition, the owner believes there are many opportunities to expand the product line and the market to other regions in Mexico. This company has a highly qualified management and operational team, the current owner is second generation and is looking for other opportunities but is willing to stay as long as needed to accomplish a successful transition. There are great strategic alliances with top electrical brands, and products range from Electrical Supply, Equipment, Smart Energy, Lighting and others. Building for sale at $400k, recently appraised. For additional information please contact listing agent.
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