Sainsbury's supplier Donaldsons Flowers up for sale

The UK's leading Chrysanthemum grower Donaldsons Flowers is up for sale via Quinton Edwards.

Offers in excess of £9m are sought for the Chichester-based cut flower nursery, a farm and five-bed property.

The business, which supplies Sainsbury's, has a turnover between £2.8m and £3m, gross margins between 61% and 70% and an operating profit averaging £46,450 over three years.

The business, which produces 16 million stems of Chrysanthemums all year round, is owned by the Frampton brothers Alan and Colin. Colin may continue as a part-time consultant after the sale.

The brothers founded it in 1987 together with father Donald and Nick Vrijland after breaking away from the family businesses formed by Joseph Frampton in 1887.

The site extends to 16.59ha with 65,246sq m of modern glass.Planning permission is in place for a further 39,502sq m of glass to be developed. The front of the site is leased to Hunter Hall.

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