A floriculture business that supplies young-plants to the grower-retail market and provides specialist propagation services to the horticultural trade.
Over the decades they have nurtured an excellent reputation for quality and on time delivery, which had led to strong customer retention and long term growth.
There are significant opportunities to expand.
Team:
A team of 10 full time employees including 2 Directors/owners, supplemented by seasonal workers as required. There is an operations manager and sales teams that can run the business day to day.
For information:
We are seeking a sale to well funded trade buyers, with the expertise to make the most of the opportunity. A leverage sale, reliant upon significant vendor finance is not of interest.
Sales average approx £2m and Net adjusted EBITDA margin averages over 10%.
The shareholders are are looking to change direction and understand they are holding the business back from the potential they see.
Premises Details:
Freehold - 6 acres with 3.2 acres of glass house. There is computerised climate control with energy supplied by biomass. The freehold interest has been recently valued at £1.23m.
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