Business For Sale Listing 158065
Used Clothes Wholesale Distribution Business
Status as of Jan-7-2009 at 05:59 PM: Active
Business Summary
Used Clothes Wholesale Distribution Business
Ref.AB133
Location East Midlands
Asking Price £ 450,000
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 processers 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 ($1 billion) 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.
Categories
Industry
Location
Financials
| Sales: |
Not Disclosed |
| Profits: |
Not Disclosed |
| Profit Type: |
Not Disclosed |
| Asking Price: |
Between $500 Thousand and $1 Million ( £ 450,000) |
