Overview
Description
YE24 projected turnover of £3.1m. Turnover of £3.2m in YE23, with an EBITDA of £87k. Recycles books, DVDs, CDs and video games, selling via its website and other e-commerce platforms, as well as its own high street shop. Recycles in excess of 5m books per year, equivalent to over 1,800 tonnes of paper. Long-standing, excellent relationships with over 300 local and national charity shops and recycling centres, providing access to a comprehensive range of stock. More than 700,000 catalogued items for sale in its warehouse. Circa 20% of sales are to international customers, demonstrating the company’s wide-reaching appeal. Strong second-tier management team in place, with the Shareholders willing to remain with the company following the sale. Operates from two ideally located leasehold premises: an extensive warehouse and a high-street shop. Industry-wide book sales reached 200m in 2020, showing consistent growth which will result in a steady stream of used stock donated for recycling. The Shareholders are offering the company for sale as they believe the time is right for a new owner to take it to the next level. Offers invited.
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