YE24 projected turnover of £3.1m. Turnover of £3.2m in YE23, with an EBITDA of £87k. It recycles books, DVDs, CDs, and video games, selling them 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 are 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 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 200 million 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 because they believe the time is right for a new owner to take it to the next level. Offers invited.