Summary
Elkay Developments
Founded in 2003
Description
Elkay Developments is a real estate development company, based in South Surrey, focused on single family subdivisions and commercial office buildings. Originally founded in 1977 by Ken Sully; Rick Friesen joined as owner/partner in 2001. Rick and Ken previously worked together at industry leading, Bay Realty in White Rock. Their friendship dates back to the 1970's when they both represented Canada on the National Diving Team. Elkay has been involved in the development of over 1,500 single family lots primarily in Surrey/White Rock, the Okanagan and Florida. This includes Elgin Park Estates in South Surrey (200 gross density half acre lots in prestigious Ocean Park) recognized by the Fraser Valley Real Board for excellence in subdivision design. Additionally, Elkay has been active in commercial real estate in South Surrey being the local leader in new office construction. This includes the award winning Morgan Creek Corporate Centre, Grandview Business Centre and Croydon Business Centre.
Strengths
- Elkay Developments has a strong market share in their industry
- Revenue generated per employee is greater than industry average
Weaknesses
- Since Elkay Developments was founded, the company has experienced slower revenue growth than the industry average
Annual Revenue
Elkay Developments's annual revenue
$1510000
Based on Kona Equity data
-
Revenue per employee
$302000
-
Annual revenue growth since founding
$71904
Employee Count
5 employees
Executives
Lynda Gowling
Office Manager
l**@elkaydevelopments.comDanielle Friesen
Developer
d**@elkaydevelopments.comKen Sully
President
k**@elkaydevelopments.comLeigh Sully
Owner
l**@elkaydevelopments.comG Score - 2
The G Score is an eight-point scale where firms are given a score of 1 for each of the criteria that they pass. The G score compares a company against the industry median to find those that are healthy and growing.
- G1 Revenue is greater than the industry median.
- G2 Income per employee more than industry average.
Location
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Key Information
- Name: Elkay Developments
- Category: Construction
- Industry: Real estate developer
- SIC: 65; 655
- NAICS: 23; 237
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Firmographic data G Score of 2 Founded in 2003 SIC: 65 SIC: 655 NAICS: 23 NAICS: 237 #Civil Engineering Construction #Construction
Frequently Asked Questions
Elkay Developments's official website is elkaydevelopments.com
Elkay Developments's annual revenue is $1.5 M.
Elkay Developments's SIC: 65; 655
Elkay Developments's NAICS: 23; 237.
Elkay Developments has 5 employees
Elkay Developments is in the industry of Construction.
