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AB133-Used Clothes Wholesale Distribution Business - East Midlands, Not Disclosed £450,000 |
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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. |
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Potential: |
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With the used clothes markets in many countries still as of yet untouched, there are many opportunities for the business to expand into other countries by both the collection and sales clothes.
The business may wish to look to expand its market share in the third world. There is strong demand for used clothes in these countries, as it is often far more cost effective for countries to acquire clothes in this manner than produce them themselves.
There is also growing demand in Western societ |
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Lease Details: |
The business is operated from a circa 9,000 square foot 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. |
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