E-commerce Retailer of Exotic Plants - Providing Nationwide Delivery
Consumer, Food & Retail; Environmental, Waste & Recycling
Client Code: BN000029552
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.
- 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.
- 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.