iSold It eBay Drop-off Store Franchise Opening in Scotland
Widespread store closings, angry franchisees and a seemingly unprofitable business model has forced iSold It, the celebrated leader in the eBay drop-off store franchise segment, to halt all domestic franchise sales. The iSold It franchisee for the U.K. is reportedly insolvent, and the Irish franchisee has ceased expansion.
Seems like the perfect time to expand into a new country.
According to a news item posted The Daily Record, Glasgow (April 25, 2007), “The first Scottish shop will open in Edinburgh’s New Town in a fortnight.”
The article states: “US firm iSold It sell people’s goods on the auction site for commission. All users have to do is hand in the item…. Manager Derek Gilchrist said: ‘People are worried about giving out bank details on the internet.’”
If the tiny article is any indication, the new Edinburgh iSold It does not seem to be receiving much fanfare.
Number of words “Scotland’s Newspaper” dedicated to iSold It opening in Scotland: 64
Number of words of the same-day story about a spurned woman trashing her lover’s house: 570
Other recent news/posts on iSold It and eBay auction franchises:
Apr 24: (re: BidZirk) Moved Is The New Closed: Ebay Dropoff Closes Public Doors
Apr 23: Pennsylvania Latest Battleground in eBay…
Apr 17: Chain of eBay drop shops cops it?
Apr 19: eBay Drop Shop iSold It Stores In Trouble
Apr 15: Is This a Good Time to Get Set With an iSold It Franchise in Australia?
Apr 14: Troubled iSold It Continues to Promote eBay Drop-off Franchises…
undated: Why eBay Drop-Off Stores Are Closing
Hello? Anybody home?
Apr 17: EBay “To Go”: Franchisors Mine New No-hassle Niche Selling On EBay
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POSTED IN: ISOLD IT, xBuyer Beware
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