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Broker Name:Lisiten Associates
Broker Email:ron@bbpinc.com
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GENERAL CONTRACTOR WITH HUGE MULTI-YEAR BACKLOG AND MIDTOWN MANHATTAN HEADQUARTERS FOR SALE
(BUILDING CONTRACTING, GENERAL CONTRACTOR)
Manhattan, new york
Listed Price: $ 25,000,000
Listing ID: CNY3330111

Listing DetailsGross Revenue: $ 94,263,711
Cash Flow: $ 4,471,018
FFE: (Included in Price)
Form of Ownership: S Corp
Terms and Conditions: NEGOTIABLE
Reason for Sale:

RETIREMENT- OWNER WILL DISCUSS POSSIBILITY TO STAY ON FOR A WHILE.


Training & Support:

Complete support & training will be provided.

Owner would consider an extended transition or staying on in the right situation.


Listing SummaryBusiness Description:

COMPANY FOCUSES ON COMMERCIAL, MULTI-FAMILY RESIDENTIAL, MID-RISE AND HIGH RISE, HIGH END CONDO, RENTAL AND INSTITUTIONAL CONSTRUCTION PROJECTS.

This General Contracting firm has been based in midtown Manhattan for over 25 years.

The company specializes in all aspects of commercial, institutional, religious and residential construction as well as project management.

The company has earned the reputation of providing the highest quality construction services on time and within budget

The company has been instrumental in constructing many of New York’s largest and most aesthetically impressive property developments.

The keys to this companies long history of success and continued growth are...

  • Strong experienced leadership and project & construction management teams and Uncompromising stand with regard to quality & excellence

  • It's long lasting relationships with its clients, subcontractors, architects, consultants and engineers.

  • The companies focus on getting involved early in the design phase of its projects.

  • This allows the company to more efficiently provide effective building solutions and identify challenges early on to mitigate expensive design changes and delays after construction begins.

  • Ability to perform all aspects of commercial, multi-family residential, mid-rise and high- rise, high end condo, rental and institutional construction projects.

  • Communication with clients throughout the entire construction life cycle from pre- construction planning and detailed cost projections to designing and executing effective timelines.

  • Complete and expert oversight of each and every project phase

  • The companies vast construction experience and unmatched knowledge of the “ins and outs” of the building trade.

As a result of consistently exceeding expectations this General Contractor has developed a wide network of relationships and licenses, enabling it to successfully deliver projects within one of the country’s most high-visibility markets.


Historical Summary:

Successfully in business since 2004 and growing.

This company maintains an historically large backlog ensuring work for many years into the future.

*Current Backlog $748,557,327
**Projected Net Income from Current Backlog $16,540,545
***Company is signing new projects continuously adding to these numbers


Owner Qualifications:

Business and construction experience helpful.


Competition:

Rare and Inconsequential


Potential Growth:

UNLIMITED


Financing/Terms:

NEGOTIABLE


LocationOption: Y
Lease Security: 32320
Monthly Rent: $ 11,200
Square Footage: 2500
Type of Location: Office Building
Facilities:

MAIN OFFICE LOCATED IN A. MAJOR OFFICE BUILDING IN MANHATTAN


OperationYear Established: 2005
Days & Hours of Operation: M-F 9-5
Owner Hours: 40
Employees: 50
Managers: 10
Absentee Owner: No