Business Summary:
This turn-key business is a full-service design/build/maintain landscape company that also provides snow removal. The business is located in the South Chicago Suburbs and is a great satellite location for companies outside of Illinois to establish an office in the Chicago area. The business is located within minutes of the most affluent neighborhoods in the south suburbs and is located in a town with a large labor pool. The location provides quick access to main arteries as well. It is also located in an area that will provide easy access to the communities that will be established in the future when the third airport Chicago airport gets built. Lastly, the location provides quick access to Indiana and booming southern markets. It is established near 4 wholesale vendors and is also located near concrete disposal, asphalt disposal, and compost disposal.Most installation work is in the very lucrative renovation market where prices range from $2,000.00 to $50,000.00 per job. Installation work is priced to produce a net margin of 25-30%. Maintenance work varies in margins between types of work, from 15% on mowing to 45% on trimming and fertilizing. Established in 1984, the business has been one of the largest, most recognizable companies in the area for many years. Their growth has been steady each year since 2001, when the owner reduced his role to practically an absentee-owner status. Self-managed for the last six years, the current staff is capable of maintaining current sales and growth (5-10%) with minimal owner involvement. The business has four Dept of Agriculture-licensed personnel, a $1,200,000 maintenance division, a $600,000 install division, and has earned 15% or more net profit every year for five years plus; there is still huge room for growth. The owner has reports faxed to him on a regular basis and has demonstrated that the business can be run from another location.
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