A landscaping company in Kewanee is priced on adjusted seller’s discretionary earnings after a buyer compares this book to Galesburg — not on a statewide rumor multiple. Illinois CBS-1 (10 business days). Iowa buyers still close an Illinois company on Illinois notices. The statewide landscaping companies playbook is on the industry hub; this page is the Kewanee file. Confidential sale. No upfront listing fee.
Confidential • No upfront fees • Illinois statewide
Kewanee market
Selling a landscaping company in Kewanee
A landscaping company in Kewanee is priced on adjusted seller’s discretionary earnings after a buyer compares this book to Galesburg — not on a statewide rumor multiple. Illinois CBS-1 (10 business days). Iowa buyers still close an Illinois company on Illinois notices. The statewide landscaping companies playbook is on the industry hub; this page is the Kewanee file.
Kewanee is Henry County’s small industrial city, long billed as the Hog Capital — a standalone downtown, not Geneseo’s I-80 Victorian commuter town.
Industrial remnants and farm-service are the books. Quad Cities buyers may look east; they will not treat this like a Geneseo retail file. Seller financing is common. Boss Manufacturing–era industry is heritage unless the customers are still on the page.
Kewanee has about 12,619 residents in Henry County, inside the Kewanee area. Nearby markets buyers already compare this book to include Galesburg, Geneseo. That comparison changes who shows up: a buyer who will drive from Galesburg is not the same buyer who will fly in from a coastal platform.
Planning facts
Typical multiple
2.5x–4x SDE
Typical timeline
4–9 months
SBA eligible
Often — confirm
County
Henry County
Population
12,619
Metro
Kewanee
Nearby comps
Galesburg, Geneseo
Closing clock
Illinois CBS-1 (10 business days). Iowa buyers still close an Illinois company on Illinois notices
Rock Island and Henry County shops sit on a bi-state labor and customer market. Iowa buyers still close an Illinois company on Illinois notices.
CBS-1, municipal licenses, and the lease are the Illinois work even when the trucks already cross the river.
Kewanee demand for landscaping companies is the customer list and the license path — not the Census population figure. About 12,619 residents is context for who already lives in the trade area. It is not a sale price.
Landscaping Company in Kewanee
What a Kewanee buyer will underwrite on this landscaping company
Kewanee is not a collar-county density play. A landscaping company here usually sells to an owner-operator who already covers Galesburg, Geneseo, not a platform that needs a hired dispatcher and a second licensed person. Municipal registrations still reset on a new entity.
Landscaping Companies statewide typically plan around 2.5x–4x SDE and a 4–9 months process when books and the lease are ready. That is a planning range, not a price for this Kewanee shop. Buyers here usually argue recurring contract revenue, equipment fleet, crew size, commercial vs residential mix, seasonal balance.
Closing clock for this Kewanee file: Illinois CBS-1 (10 business days). Iowa buyers still close an Illinois company on Illinois notices. License path: Design-build landscaping is not a statewide licensed trade. The industry hub teaches the statewide rule. This URL is the Kewanee application of it.
Kewanee is a small town market. The first serious call is often an owner-operator from Galesburg, Geneseo, not a platform that needs $2 million of earnings to pay for diligence. SBA 7(a) and seller financing usually matter more here than a headline multiple.
Buyer pool
Who buys a landscaping company in Kewanee
Quad Cities and I-80 operators.
Illustration: a Wheaton-area design-build landscaper with eight commercial maintenance properties, a patio-and-irrigation crew, and a seller who still draws every bid. Not a closed sale and not a lawn-chemical route.
A landscaping company whose customers already sit in Galesburg, Geneseo is a larger business than one that stops at the Kewanee city limit. Tell the truth about the route. Buyers will map it.
SDE recast
How a buyer will read the books on this Kewanee landscaping company
Landscaping recasts on contracted maintenance plus design-build gross profit, not a single HOA install year. Add back owner compensation and equipment-loan interest, then pull one-off hardscape projects and any snow that belongs in a different conversation. If the seller still designs every patio and bids every commercial property, subtract a production manager.
Illustration only — not a quote for any Kewanee shop. A landscaping company whose tax return shows $188,000 of net profit is not worth $188,000 × a rumor multiple.
Add back the owner’s $85,000 W-2 and payroll tax, $25,000 of discretionary benefits, $4,500 of accepted one-time cost, and $14,500 of personal expenses that a buyer will not run. Then subtract $92,000 of replacement labor if the owner still diagnoses, sells, or closes the books.
Adjusted seller’s discretionary earnings are $225,000. At the planning range 2.5x–4.0x, enterprise value is $562,500 to $900,000. Mid-range 3.25x is $731,250 before debt, working capital, holdback, and tax. A Kewanee buyer will argue the multiple after they ride with the staff and read the lease.
At 3.25 times $225,000 of seller’s discretionary earnings, enterprise value is $731,250 before debt, working capital, holdback, and tax. That is the planning conversation. It is not a listing-site guess.
SDE line items
Reported net profit (tax return, not the marketing P&L)
+ Interest expense
+ Income taxes (not payroll, sales, or property tax)
+ Depreciation and amortization
+ Owner W-2, bonuses, and payroll taxes on the owner
+ Discretionary owner benefits that a buyer will not keep (auto, personal travel, family on payroll with no role)
+ Accepted one-time or non-recurring expenses
− Market-rate replacement labor for owner work that will not transfer
= Seller’s Discretionary Earnings (SDE)
Illustration recast for a Kewanee landscaping company — not a quote
Net profit
$188,000
Owner W-2
$85,000
Benefits
$25,000
One-time
$4,500
Personal
$14,500
Replacement labor (subtract)
−$92,000
Recast SDE
$225,000
Planning EV at 3.25x
$731,250
Recast Seller’s Discretionary Earnings, then apply a planning multiple for landscaping companies.
Replacement labor is subtracted. This is a planning tool, not an appraisal.
Recast SDE—
Planning enterprise value—
Before debt, working-capital peg, holdback, and tax. Educational only.
Enter your annual Seller's Discretionary Earnings (SDE) — your net profit plus owner's salary and any personal expenses run through the business — to estimate a range.
$
1x3.0x8x
Estimated Value Range—to—
This is an estimate for planning purposes only. Actual value depends on lease terms, asset quality, customer concentration, and current market conditions. Request a professional valuation for a precise number.
Henry (Kewanee, Geneseo) uses state CBS-1. I-80 Geneseo businesses differ from Kewanee industrial businesses.
Design-build landscaping is not a statewide licensed trade. Irrigation backflow, pesticide applications, and municipal contractor registrations are the live items. If the company sprays, the Illinois Department of Agriculture applicator license is personal to the operator. Chicago and many suburbs require contractor registration and dump or water-use permits that reset on a new entity.
Labor and lease
What has to keep working on Monday after close in Kewanee
For a landscaping company in Kewanee, the first labor question is: Multi-year commercial maintenance contracts the seller does not personally babysit.
Geneseo is a commuter/I-80 town; Kewanee is a small industrial city. Do not blend the books.
East of the Quad Cities. Seller financing common outside Geneseo retail.
Diligence
What a serious landscaping company buyer will open
Levers that move the multiple in this vertical: Multi-year commercial maintenance contracts the seller does not personally babysit; Design-build margin that repeats without the owner’s sketchbook; Owned production equipment versus rented iron; True off-season contracted work; Property-manager relationships that survive a logo change.
Have these ready before anyone hears the name of the Kewanee business: Commercial maintenance contracts: term, cancellation, and who holds the relationship; Design-build backlog versus completed one-off patios; Skid-steer, dump-truck, and irrigation-equipment list with liens; HOA and property-manager concentration; Off-season work (snow, holiday lighting, interiorscape) that is actually contracted; Pesticide or irrigation licenses on staying employees.
Buyer tool
SBA payment sketch for a Kewanee landscaping company buyer
Most Illinois owner-operator acquisitions use SBA 7(a). This is a payment sketch, not an approval.
SBA 7(a) loans are the most common financing for business acquisitions. Estimate your monthly payment and required down payment based on the purchase price.
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yrs
Down Payment Required—
Loan Amount—
Est. Monthly Payment—
This calculator provides estimates for planning purposes only. Actual SBA loan terms depend on your credit profile, the specific lender, and current market conditions. Contact us to connect with SBA-approved lenders in Illinois.
Sale steps
How to prepare a Kewanee landscaping company for sale
Recast this Kewanee landscaping company. Start with the tax return. Add owner pay. Subtract replacement labor if the seller still does the work a Kewanee buyer must hire. Do not treat a spike year as the new normal.
Name who can operate on Monday. List every credential that lets this landscaping company pull a permit or see a patient in Kewanee, and whether that person stays. Personal licenses do not transfer with the assets.
Tell the truth about the Kewanee trade area. Map customers against neighboring towns. Buyers will. A book that already covers those towns is larger than a book that stops at the Kewanee limit.
Open the lease and the labor file. Remaining term and assignment in Henry County. Whether the crew can run without the seller living eight minutes away.
Calendar the notices that apply here. Illinois CBS-1 (10 business days). Iowa buyers still close an Illinois company on Illinois notices. Start them at letter of intent, not the week of funding.
Read the statewide playbook, then talk. The Illinois landscaping companies hub is the statute and recast teaching. This page is the Kewanee file. Confidential consult — no upfront listing fee.
Answers for owners and buyers in Henry County, including local closing steps.
Illinois landscaping companies typically sell for 2.5x–4x SDE. Businesses with significant recurring commercial maintenance contracts command the higher end. A company generating $200,000 in SDE with strong contracts could be valued at $500,000–$800,000.
Annual recurring maintenance contracts are the most powerful value driver in landscaping. Each dollar of contracted revenue is worth significantly more than one-time project revenue in a buyer's eyes.
Buyers include PE-backed landscaping roll-up platforms, larger regional landscapers, and owner-operators. Illinois has seen significant consolidation activity in the landscaping space over the past several years.
Many sellers prefer to list in late fall or winter, giving time to work through the process ahead of the busy season. However, the right time to sell is when your financials are at their strongest and you're personally ready.
Most landscaping company sales in Kewanee close within 4–9 months. The process tends to move faster for companies with clean contracts, documented equipment lists, and organized financials.
Most Kewanee asset sales file Illinois Form CBS-1 at least 10 business days before closing. Henry County does not use Chicago’s 45-day city notice unless the business also operates there. Municipal licenses and the lease still need their own calendar.
The first serious call in Kewanee is usually an owner-operator or a neighboring shop, not a coastal fund. Henry County buyers already know the trade area. Seller financing and a clean lease matter more than a headline multiple.
No. The planning multiple for landscaping companies is a statewide starting point, not a Kewanee appraisal. Buyers in Henry County still adjust seller’s discretionary earnings, then argue the lease, licenses, labor, and owner dependency.
Service Area
Landscaping Company Brokerage Near Kewanee
We serve landscaping companies owners and buyers across Henry County and the surrounding region.