E-commerce Retailer of Exotic Plants - Providing Nationwide Delivery

Consumer, Food & Retail; Environmental, Waste & Recycling
Client Code: BN000029552
Turnover (Actual): £2,006,000
EBITDA (Actual): £604,000

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. 
  • 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.