Wyevale garden centre group put up for sale
The Wyevale Group is currently the largest garden centre group in the UK, boasting a portfolio of 145 garden centres alongside associated restaurants and cafes. Private equity firm Terra Firma originally purchased the Wyevale Group back in 2012 for £276 million and now employs more than 6,000 people throughout the UK.
However, far from signalling a decline in the group's success, Roger Mclaughlan, CEO of Wyevale Garden Centres, believes the sale of the business could pose a significant opportunity for any entrepreneurs seeking to break into the market or existing garden centre operators hoping to capitalise on the success of the brand.
Specifically, Mr Mclaughlan highlighted the group's transformation in recent years, stating that exceptional standards and numerous improvements are now paying dividends in terms of both the response from customers and the company's increasing profits.
"Wyevale Garden Centres has been transformed beyond recognition over the last few years," he added. "Our improved business has engaged colleagues and put customers at the â¨heart of what we do."
This positive outlook was mirrored by Steve Rodell, Managing Director for Retail at Christie & Co, who added that the specialist property advisor is expecting a great deal of interest from prospective buyers seeking to take advantage of this rare opportunity.
He commented: "The sale of Wyevale Garden Centres presents a unique opportunity for a wide range of buyers from financial institutions, existing garden centre operators, independent business people, and entrepreneurs â¨to buy well-invested local garden centres within the price range of £200,000 â¨to £35 million."
Latest Retail Businesses for Sale
This business was founded in 1972 by the father of the vendor and has grown since to become a significant enterprise with a reputation for the quality and variety of its products, brands, service and reliability. The business enjoys a prime main road location in a busy Essex town considered to be o..
Busy trading location. Extensive showroom areas, well-presented throughout. Excellent reputation. GP 35%. Business only plus SAV...
Well-established multi-faceted business. Main road trading position. Excellent customer base. Includes 17th century two bedroom cottage. Freehold. Business only option excluding cottage £999k+. GP approx. 23%...
View More Retail Businesses for Sale >>
Businesses for Sale
Do you want to gain access to the latest businesses for sale as well as all UK administrations, liquidations and all winding-up petitions?
Business Sale Report is your complete solution to finding great aquisition opportunities.
10 Biggest Buyer Mistakes
Fill in your details below to get our FREE guide