Alexander Mackie Associates Ltd. (AMA) has announced the sale of Fair Gardens Plant Centre located in Gainsborough, Lincolnshire to Flywheel Investment Group Ltd. The team at Flywheel Investment Group have over twenty years’ experience in the garden centre sector and they look forward to working with the Fair Gardens team and its suppliers to deliver a truly authentic garden centre experience for their customers.
Fair Gardens Plant Centre has been in the same family ownership for 40 years, with this being a retirement sale. Its turnover is circa £1.1m showing Net Profit 11.9% of turnover and E.B.I.T.D.A. 14.2% of turnover for Y.E. 31 December 2020.