E-commerce Retailer of Exotic Plants - Providing Nationwide Delivery

National e-commerce retailer of tropical & exotic plants including palm trees, olive trees & other exotic foliage.

Stock is selected & imported from high-quality, international growers to ensure premium standards.

Key Aspects

• Products are non-domestic plants & greenery capable of flourishing in the UK climate.
• 27% of sales are attained via repeat custom.
• Operates a pre-order programme that achieved c.£750k in presales throughout Q4 of 2020.
• Has grown significantly throughout Covid-19 & anticipates this growth to continue.
• Owns nine commercial vehicles enabling direct delivery to customers, ensuring products are not damaged in transit & can achieve short lead times. 
• Shareholders are willing to provide a consultancy period post-sale to ensure the necessary knowledge is passed on. 

Opportunities

• Recently entered the Northern Irish market & is looking to expand sales within the region during 2022.
•  Plans to create an outbound telesales division, which could add up to c.£500k in sales p.a.
• Bolt-on opportunity for an importer & retailer of similar & associated garden products.
• Scope for an acquirer currently operating regionally within the UK to become a national retailer.