Wed, 06 Jun 2018 | BUSINESS SALE
Wyevale Garden Centres across Britain are to be sold after private equity firm Terra Firma announced it will be selling the Wyevale Group via property advisor Christie & Co.
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."
Opportunity to acquire a well-established provider of ongoing plant displays to commercial clients in London, with a strong reputation built over two decades.
WORK FROM HOME
An excellent opportunity awaits with this well-established, independent Mercedes Benz dealership located in the Midlands
An exciting opportunity to acquire the business and assets of a dedicated bathroom showroom and online retailer based in the County Durham. The business specialises in the design and supply of luxury bathrooms.
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.