The company is an international refurbished mobile phone marketplace, generating revenue from the sale of used mobile phone devices to retailers, wholesalers and individual consumers via its B2B and e-commerce sales channels. It also plays a key role in the sale of stalls and marketing packages at two major industry events.
Operating internationally, the business caters to the refurbished mobile phone market, where it has relationships with 15 wholesale clients and four e-commerce marketplaces, including some blue-chip organisations. This is a buoyant market, with demand for refurbished mobile phones set to remain high over the forthcoming years because of pricing and environmental concerns.
The company is being offered for sale to facilitate growth under new ownership.
Offers invited.
Key Highlights:
All refurbishment and fulfilment activity carried out in-house, with no requirement to outsource work.
Benefits from high levels of repeat business from all of its clients, with some relationships having been in place for upwards of five years.
A highly scalable company with structures and relationships already in place to facilitate further growth.
Experienced second-tier management team, with some departments operating independently.
Operates from five leasehold premises located internationally.
Financial Highlights
YE24 turnover of €78m.
Turnover is projected to reach €69m in YE25 being facilitated by the implementation of new working capital.
Turnover is projected to increase to €93m and €239m in YE26 and YE27 respectively.
Gross margins expected to improve due to increased purchasing power.
Company in process of setting up new regional distribution hubs that will reduce outsourced warehousing costs.
Strong balance sheet in place, with shareholder funds in place of €4.9 million.
