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New York-Based Commercial Interior Renovation General Contractor – BN000034051

Northeast US, US
25M-50MUnder 500k Building & Construction, design
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TEASER
CLIENT CODE: BN000034051
REVENUE/TURNOVER: $25,962,050
EBITDA: $420,484
HEADQUARTERS: New York City
 
Interested? Contact Us
813-898-2350
wsullivan@benchmarkintl.com
New York-Based Commercial Interior Renovation General Contractor – BN000034051

William Sullivan

interested in this opportunity?
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The company is a full-service general contractor specializing in mid-tier commercial interior renovations in the Greater New York City area. The company works directly with commercial real estate developers to obtain projects.

Key Aspects

  • Self-performed capabilities include carpentry, drywall, and ceramic tile installation
  • Customer base includes some of the leading commercial developers in New York City
  • 80% of annual revenue is attributed to repeat customers
  • 15-to-20-year strategic alliances with top customers
  • Management notes, that the backlog as of July 1, 2022, is $15.3M
  • Experience Modification Rating (EMR) of <0.9 between 2018 and 2021.

Opportunities

  • Continue organic growth through residential, government, and new-build projects
  • Bring more trades in-house to reduce subcontractor cost
  • Expand geographical footprint beyond New York
  • Offer additional services to existing customer base
  • Increase field employee capacity to engage in additional local projects

Headquartered

  • New York City

Current Markets

  • The company works directly with commercial developers, owners, and managers in the Greater New York City area. The company has completed projects in the corporate, retail, healthcare, restaurant, and education sectors.

Real Estate

  • The company operates from a 4,000 sq. ft. office leased from an unrelated third party. The owners have indicated the current office can increase operational capacity.

Shareholder Objectives

  • The company has two shareholders. The shareholders are seeking a full sale of the company, The president and COO are willing to remain on for a pre-determined transition period.

AMERICAS HQ

4030 West Boy Scout Blvd. Suite 500
Tampa, FL 33609
+1 813 898 2350
US@Benchmarkintl.com

Europe HQ

101 Park Dr., Milton Park
Oxfordshire, OX14 4RY
+44 (0)1865 410 050
UK@Benchmarkintl.com

AFRICA HQ

Ground Floor, Runway 01, Airport Office Park
Cape Town International Airport, Cape Town, 7525
+27 21 300 2055
Africa@Benchmarkintl.com

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