Having established numerous trademarks, Project Clover offers a broad array of internal and external home décor and associated products, such as outdoor furniture and heating; indoor and outdoor lighting; electrical fireplaces and heaters; storage and decorations; hand, garden and garage tools; and gifts.
The company utilises suppliers in the UK to resell goods. Entities in the Far East operate as product manufacturers, working collaboratively with the business’s design personnel to produce own-brand items, while maintaining quality and relevance within the industry.
Our client is offering the business for sale to facilitate other, unrelated endeavours and lifestyle changes. Offers invited.
Key Highlights
- Primarily sells its products to customers within the UK, with some European sales, presenting vast potential for geographic expansion.
- Well-established online sales networks, with exemplary reviews and thousands of products.
- Has retained a versatile workforce, with employees able to take on greater responsibility, post-completion.
- The Commercial Director is well placed to take over the shareholder’s role post-sale; an increase in their salary to absorb Managing Director responsibilities has been factored into the adjusted EBITDA.
- Operates from large warehouse premises, which will be offered on a long-term lease to the business acquirer.
- The 100,000 sq ft warehouse places the company in a prime position close to major transport links, facilitating nationwide product distribution, and currently stands at 70% utilisation.
- Ample scope for growth through further diversification of products, recruitment, geographical expansion and targeted marketing campaigns.
Financial Highlights
- YE26 management turnover of £12.3m.
- Budget turnover of £12.6m in YE27, with an adjusted EBITDA of £1m.
- Currently, 70% of revenue is procured through Amazon, with sales also received via eBay, the business’s own e-commerce website, and other platforms.
