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May 25, 2006

iSold It - the opportunity for UK franchisees is going, going...(not yet)…gone

iSold It, the leading drop-off chain in the U.S. and one of the world’s fastest growing franchises, has touched down at London Olympia for the British & International Franchise Exhibition.

iSold It’s ‘clicks & mortar’ store concept enables eBay and other internet auction customers to drop off stuff they would like to sell online. iSold It then manages the entire sales process, thereby bridging the needs of those who want to utilise the easy-sell advantages of the likes of eBay but want to avoid the hassle.

In the US, iSold It has gone from 0 to 170 stores in under two years with 800 additional stores under contract and gross sales of $20m last year alone. And the concept couldn’t be simpler. It’s a drop-off store designed to assist everyone make money from stuff they want to sell – from individuals and businesses, to charities and other fundraising organisations.

"The drop-off store concept is the biggest retail opportunity to hit the UK in recent years" says Phillip Molloy, UK managing director of iSold It.

“It’s a wonderfully simple proposition that is just brilliantly executed”, continues Molloy. “There are over 105m registered users of eBay worldwide yet 95% have never sold an item. Many of them are nervous of selling direct on eBay or are put off by the registration process. That’s an enormous opportunity for an operation which makes the whole process of selling, easier.

“But it’s not just people keeping stuff they no longer need, it’s also businesses. Our experience in the States is such that we know organisations are literally, sitting on small fortunes – warehouses and stockrooms filled to bursting with redundant stock. And they have no idea how to get rid of it whilst getting a return.

Our drop-off store offers them a simple, cost effective opportunity to get that return – one that millions of individuals, companies and charities have already benefited from in the States.” added Molloy.

iSold It’s head office is based in Redditch and Phillip Molloy will open the UK's flagship iSold It store in Birmingham in June 2006.

The exhibition gives potential franchise owners the perfect opportunity to find out more about the arrival of iSold It in the UK and meet Phillip and his team.

For further information on the iSold It franchise contact Paul Davies on 0845 0558100 or visit www.isolditonline.co.uk/fd. For media enquiries call Laura Fitt on 07713792247

Posted by Dave Bromley at May 25, 2006 11:51 AM