Business for Sale Overview:
This young business was only established in September 2007 but it is already impressively successful. The enterprise is already looking to grow in size and increase turnover in the foreseeable future, offering plenty of opportunities to a new owner with fresh energy.
The business purchases very large amounts of used clothing and shoes from several collection agency points in the UK and Eastern Europe. The clothes are then delivered to the company’s premises, sorted into types and then redistributed for sale in Asia, Eastern Europe and Africa.
The enterprise operates from a large, modern factory and storage facility on a large industrial estate with main road frontage in the East Midlands. A team of processors sorts the clothes after they arrive and prepares them for resale.
This represents a unique opportunity in a surprisingly profitable market. Oxfam estimates that the second hand clothes trade is worth more than £500 million per year. As this business is already turning over an impressive circa £1.8 million per year, this market offers plenty of opportunities for return on investment.
This business is offered for sale on a turnkey basis, providing an purchaser with no expertise in a similar field the chance to get a foothold in this market with no prior experience.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The business is operated from a circa 9,000 square feet leasehold property on an industrial estate with road frontage. There are currently 4 years remaining on the lease, and this is believed to be renewable. The rent is circa £26,500 per annum, with the rates being circa £2,400 per annum.
Reason for Selling:
the Directors have elected to sell the business in
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.